Indian Bank Launches New FD Scheme: Earn ₹79,500 on ₹2 Lakh Deposit Over 5 Years
Indian Bank has launched a new 5-year Fixed Deposit (FD) scheme offering ₹79,500 guaranteed interest on a ₹2,00,000 deposit, making it one of the most attractive risk-free investment options this November.
Indian Bank Launches New FD Scheme: Earn ₹79,500 on ₹2 Lakh Deposit Over 5 Years. Indian Bank Launches New FD. Scheme, Deposit ₹2,00,000 and get Fixed Interest of ₹79,500.
Indian Bank’s new FD scheme offers ₹79,500 interest on ₹2 lakh over 5 years. Safe, fixed returns for conservative investors.
Indian Bank’s New FD Scheme: Earn ₹79,500 on ₹2 Lakh Deposit Over 5 Years
Indian Bank, a leading public sector bank, has introduced a compelling new Fixed Deposit (FD) scheme in November 2025 that promises guaranteed returns of ₹79,500 on a ₹2 lakh investment over a 5-year tenure.
This scheme is designed for conservative investors seeking stable, risk-free returns with the backing of a government-owned institution.
Scheme Highlights
- Deposit Amount: ₹2,00,000
- Tenure: 5 years
- Fixed Interest Earned: ₹79,500
- Effective Interest Rate: Approx. 7.35% per annum
- Interest Payout: Lump sum at maturity
- Eligibility: Available to all retail customers; senior citizens may get additional benefits
This scheme is part of Indian Bank’s broader FD offerings, which currently range from 2.80% to 7.35% depending on the tenure and deposit amount India.
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Why This FD Stands Out
- Guaranteed Returns: Unlike market-linked instruments, this FD offers fixed returns with no volatility.
- Government-Backed Safety: Indian Bank is a public sector bank, ensuring high trust and regulatory oversight.
- No Market Risk: Ideal for risk-averse investors, retirees, and first-time savers.
- Simple Investment: No complex paperwork or market tracking required.
How the Returns Work
If you deposit ₹2,00,000 for 5 years:
- Annual Interest Rate: ~7.35%
- Total Interest Earned: ₹79,500
- Maturity Amount: ₹2,79,500
- Taxation: Interest is taxable under income tax laws; TDS may apply if interest exceeds ₹40,000 (₹50,000 for senior citizens)
Senior Citizen Benefits
Senior citizens may receive an additional 0.50% interest, potentially increasing returns beyond ₹79,500. This makes the scheme even more attractive for retirees looking for predictable income.
How to Invest
You can open this FD through:
- Indian Bank branches
- Online banking portal or mobile app
- Authorized agents or financial advisors
Documents required typically include PAN, Aadhaar, and a valid bank account.
FAQs
Q: Is this FD scheme available nationwide?
Yes, Indian Bank offers this scheme across all its branches in India.
Q: Can I withdraw before 5 years?
Premature withdrawal is allowed but may attract penalties and reduced interest.
Q: Is the interest fixed or variable?
Fixed. You will earn ₹79,500 on ₹2 lakh over 5 years, regardless of market conditions.
Q: Is this better than mutual funds or stocks?
For risk-averse investors, yes. It offers guaranteed returns without market exposure.
Q: Can I invest more than ₹2 lakh?
Yes, but the interest earned will scale proportionally. For example, ₹4 lakh may earn ~₹1.59 lakh.