Indian Bank Hikes FD Rates, Offers Senior Citizens 7.30 Percent On 555-Day Deposits

Indian Bank has revised its fixed deposit (FD) rates, effective October 23, 2026. The bank has raised the interest rate by 15 basis points (bps) on a 555-day tenure (Ind Grow FD). Now the maximum interest rate offered by the bank is 6.80 per cent to the general public (those below 60 years), 7.30 per cent for senior citizens (60 years and above), and 7.55 per cent for super senior citizens (80 years and above). Ind Grow FD was introduced on June 5, 2026, and has been offering 6.65 per cent until the latest rate revision.