In 2025 Indian Bank, the major public sector bank, has again drawn with its special Fixed Deposit scheme for 2025. The limited-time 444-day FD aims to strike a perfect balance between income and safety, thereby making it suitable for cautious investors. This is one FD that guarantees returns, offers a short tenure, and can function as an alternative to either a savings bank account or a long-term investment.
Interest Rate and Tenure
The 444-day FD from Indian Bank provides fairly attractive interest rates topping at 7.20% per annum depending on the depositor. A senior citizen is eligible for an additional interest rate of 0.50% which is attractive for retired people seeking stable incomes. For interest illustration, a deposit of ₹5 lakh under this FD with an interest rate of 7.20% p.a. roughly earns ₹87,600 over 444 days, thus resulting in good returns while keeping out of market risks. The scheme itself is flexible with deposit openings at any branch or online.
Key features and benefits
This FD yields high returns and gives a plethora of benefits. Investors can either choose for the interest to be cumulative or ask for an interest payout either monthly or quarterly as per their financial requirements. The FD can also be withdrawn prematurely with some penalties, and there are loans that can be availed against the FD for liquidity. All deposits, however, are insured for ₹5 lakh under the Deposit Insurance and Credit Guarantee Corporation (DICGC), thus securing the principal amount in full.
Why Choose Indian Bank 444-Day FD
The 444-day FD is perfect for investors who seek a predictable flow of income versus income fluctuating with the market. Particularly, senior citizens can use this FD for stable income-generation, whereas others eyeing short-term and high-yield investment can leverage on the attractive interest rates.
Conclusion
High returns and absolute safety make this FD attractive to any individual willing to shell out an amount for investment. With an interest rate that can go as high as 7.20%, interest payments that can be received every month, quarterly, half-yearly, yearly, or at maturity, depending on the choice of the customer, and full deposit insurance, this Fixed Deposit is a sure way of making wealth in a secure and well-disciplined manner.
