The name of this scheme is- IND Utsav 610 (IND UTSAV 610)
Citizens above 80 years of age will get an interest of 6.5 percent per annum on this special FD scheme.
Investment in this scheme can be done sitting at home through the INDOASIS app.
New Delhi. If you are one of those investors who want fixed returns without risk, then you can invest in Fixed Deposit (FD). At the same time, Indian Bank has come up with a special scheme of FD for the public sector investors. The name of this scheme is IND Utsav 610 (IND UTSAV 610). The bank is giving better returns in this FD scheme. The maturity period in this special FD scheme will be 610 days.
6.5% interest per annum to super senior citizens
On this special FD scheme, common people will get 6.10 percent, senior citizens 6.25 percent and super senior citizens will get 6.5 percent interest annually. Here super senior citizens mean people aged 80 years or more. The expiry date of this scheme is October 31, 2022. That is, this scheme should be taken by October 31.
Indian Bank has given information on its website
Indian Bank has given information about the Ind Utsav 610 plan on its website. It has also been told in this that how this FD scheme can be booked. Investment in this scheme can be done sitting at home through the INDOASIS mobile app. Account for this FD scheme can be opened online without any paperwork sitting at home.
Interest rate was changed on August 24, 2022
It is worth noting that Indian Bank had changed the interest rate on August 24, 2022. The bank had changed the interest rates on fixed deposits of less than Rs 2 crore. Indian Bank is running FDs from 7 days to more than 5 years, whose rates range from 2.80 percent to 5.65 percent. Indian Bank is currently giving the highest interest of 5.75 percent on non-senior citizen FD account and 6.25 percent on senior citizen account. These are the interest rates of FDs maturing in 3 years or less than 5 years.
FIRST PUBLISHED : September 12, 2022, 15:16 IST