This article offers a brief summary of the key aspects of the Indian Bank’s Term Deposit With Premature Partial Withdrawal Facility “IND Flexi Fix” schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
Indian Bank – Term Deposit With Premature Partial Withdrawal Facility “IND Flexi Fix” Features:
- Deposit Amount: Starts from a minimum of ₹100/- with no upper limit. Tenure: Ranges from a minimum of 7 Days to a maximum of 10 years. Interest Rates:
- For deposits below ₹2 Crores: Retail Card Rate
- For deposits of ₹2 Crores and above: Bulk Card Rates Interest Payment Mode: Monthly, Quarterly, or at Maturity. Nomination Facility: Not Available. Roll Over Option: Available.
- Automatic Rollover: The maturity amount (principal + interest) will roll over into the respective maturity bucket.
- Pre Closure Facility: Available. Premature Closure: Allowed only after receiving proper authorization from the concerned authority.
How to invest?
Click here to invest in the Indian Bank’s Term Deposit With Premature Partial Withdrawal Facility “IND Flexi Fix” schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.