Indian Bank is state-owned public-sector banking and financial services company established in the year 1907. Headquartered in Chennai, India, the Bank has 2537 branches across the country. Indian Bank offers a host of banking products and services which include loans, deposits, credit cards, etc.
Fixed deposits (FD) are term deposits which can be opened with a one-time investment for a certain period of time. Interest can be earned on the deposits at the interest rate offered by the Bank. The FD schemes offer attractive interest rates, which lets you earn great returns on your deposited money.
Indian Bank offers an attractive rate of return on fixed deposit. This interest rate for deposits changes according to the standard rates set by Reserve Bank of India. Those looking to invest in fixed deposits should keep a close watch on the fixed deposit rates in order to earn a good rate of return on fixed deposit.
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