Fixed deposits maturing in 121 days to 180 days will continue to offer an interest rate of 3.75% and term deposits maturing from 181 days to less than 9 months will continue to offer an interest rate of 4.00%.
Indian Bank will now offer an interest rate of 3.25% on fixed deposits maturing in 46 days to 90 days and the bank will continue to offer an interest rate of 3.50% on term deposits maturing in 91 days to 120 days.
On deposits maturing in 7 days to 29 days, the bank will continue to offer an interest rate of 2.80% and on fixed deposits maturing in 30 days to 45 days the bank will continue to offer an interest rate of 3%.
