Indian Overseas Bank - Interest Rates (%)

This page provides the current interest rates (%) of Indian Overseas Bank's Fixed Deposit (FD) scheme.

 

Table of Contents

 

Fixed Deposit (FD)

This page provides the current interest rates (%) for both General public and Senior citizens.

 

General Public

The below table provides the current interest rates (%) for general public (aged less than 60 years).

TermAnnual Interest Rate (%)
7 days to 14 days3.4%
15 days to 29 days3.4%
30 days to 45 days3.4%
46 days to 60 days3.9%
61 days to 90 days3.9%
91 days to 120 days4.4%
121 days to 179 days4.4%
180 days to 269 days4.9%
270 days to less than 1 year4.9%
1 year to less than 2 years (except 444 days)5.15%
444 days5.2%
2 years to less than 3 years5.2%
3 years and above5.2%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 09-Nov-2020

 

Senior Citizens

The below table provides the current interest rates (%) for senior citizens (aged 60 years and above).

TermAnnual Interest Rate (%)
7 days to 14 days3.9%
15 days to 29 days3.9%
30 days to 45 days3.9%
46 days to 60 days4.4%
61 days to 90 days4.4%
91 days to 120 days4.9%
121 days to 179 days4.9%
180 days to 269 days5.4%
270 days to less than 1 year5.4%
1 year to less than 2 years (except 444 days)5.65%
444 days5.7%
2 years to less than 3 years5.7%
3 years and above5.7%

Note:

  • The above interest rates are applicable for deposit amount less than Rs. 2 Crore

  • The above interest rates are effective from 09-Nov-2020