Fixed Deposit: Get up to 8% interest in this special FD; check features and last date to invest

IND SUPER 400 DAYS: Fixed Deposit (FD) is always considered a better and safest investment option among people. Therefore, returns in this scheme are also normal. But Indian Bank is offering up to 8 per cent returns in this FD scheme and the locking period is also not that long. But if you want to invest in this scheme, you will have to decide within five days.

IND SUPER 400 DAYS: Features

The name of this Indian Bank scheme is 'IND SUPER 400 DAYS'. This is a callable FD scheme which means you can withdraw a portion of the entirety of the deposited sum before the set maturity date.

IND SUPER 400 DAYS: Minimum amount

In this FD scheme, one will have to invest at least Rs 10,000.

IND SUPER 400 DAYS: Maximum amount

The maximum limit for this scheme is Rs 3 crore which was Rs 2 crore earlier.

IND SUPER 400 DAYS: Period of deposits

The lock-in period for this scheme is 400 days.

IND SUPER 400 DAYS: Interest rate

The interest rate on this scheme is 7.25 per cent. However, for senior citizens, the bank will provide returns of 7.75 per cent while it is 8 per cent for super senior citizens.

IND SUPER 400 DAYS: Last date

The last date for this IND SUPER 400 DAYS scheme is June 30, 2024.

IND SUPER 300 DAYS

Apart from this, there is also an FD in Indian Bank for 300 days, that is, you have to invest money in this scheme for less than a year. The bank is offering a maximum interest of up to 7.80 per cent on the special term deposit scheme running under the name of IND SUPREME 300 DAYS. This scheme is also available with a callable option.