Indian Overseas Bank - Interest Rates (%)

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

Fixed Deposit (FD)

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

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

Term	Annual Interest Rate (%)
7 days to 14 days	3%
15 days to 29 days	3%
30 days to 45 days	3%
46 days to 60 days	3.5%
61 days to 90 days	3.5%
91 days to 120 days	4%
121 days to 179 days	4%
180 days to 269 days	4.5%
270 days to less than 1 year	4.5%
1 year to less than 2 years (except 444 days)	5.15%
444 days	5.2%
2 years to less than 3 years	5.2%
3 years and above	5.45%

Note:

The above interest rates are applicable for deposit amount less than Rs. 2 Crore
The above interest rates are effective from 11-Apr-2022

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

Term	Annual Interest Rate (%)
7 days to 14 days	3.5%
15 days to 29 days	3.5%
30 days to 45 days	3.5%
46 days to 60 days	4%
61 days to 90 days	4%
91 days to 120 days	4.5%
121 days to 179 days	4.5%
180 days to 269 days	5%
270 days to less than 1 year	5%
1 year to less than 2 years (except 444 days)	5.65%
444 days	5.7%
2 years to less than 3 years	5.7%
3 years and above	5.95%

Note:

The above interest rates are applicable for deposit amount less than Rs. 2 Crore
The above interest rates are effective from 11-Apr-2022