About Indian
Indian Bank was founded in 1907 and is one of the oldest and leading nationalized banks in India. After the merger with Allahabad Bank in 2020, it has significantly expanded its footprint and now serves millions of customers through its extensive branch network.
6,000+
Branches
5,000+
ATMs
42,000+
Employees
IndOASIS
Mobile App
💵 Savings Account
2.90%
Interest Rate
Minimum Balance Requirements
- Metro/Urban: Rs. 1,000
- Semi-Urban: Rs. 500
- Rural: Rs. 250
BSBD Account Available
Account Features
💰 Fixed Deposit (FD) Interest Rates
| Tenure | Interest Rate |
|---|---|
| 7-45 days | 3.50% |
| 46-90 days | 4.50% |
| 91-180 days | 5.50% |
| 181 days - 1 year | 6.50% |
| 1-2 years | 7.00% |
| 2-3 years | 7.00% |
| 3-5 years | 6.75% |
| 5-10 years | 6.50% |
| Senior Citizen Extra | +0.50% |
* Rates are subject to change. Please verify with the bank before investing.
📈 Recurring Deposit (RD) Interest Rates
| Tenure | Interest Rate |
|---|---|
| 6 months | 5.50% |
| 1 year | 6.50% |
| 2 years | 7.00% |
| 3 years | 6.75% |
| 5 years | 6.50% |
🏠 Loan Interest Rates
Home Loan
8.40% - 10.35%
Processing: 0.25% + GST
Max Tenure: 30 years
Car Loan
8.65% - 10.75%
Processing: 0.50% + GST
Max Tenure: 7 years
Personal Loan
10.75% - 14.50%
Processing: 1% + GST
Max Tenure: 5 years
Education Loan
8.40% - 10.75%
Processing: Nil
Max Tenure: 15 years
Gold Loan
8.60% - 9.80%
Processing: 0.25%
Max Tenure: 3 years
Loan Against Property
9.45% - 11.25%
Processing: 0.50% + GST
Max Tenure: 15 years
💳 Credit Cards
Indian Bank RuPay Select
Annual Fee: Rs. 500
1 point per Rs. 100
IB Supreme Card
Annual Fee: Rs. 1,500
Premium benefits
IB Classic Card
Annual Fee: Rs. 250
Basic rewards
📦 Locker Charges & Service Fees
🔐 Locker Annual Rent
- Small: Rs. 1,400/year
- Medium: Rs. 2,800/year
- Large: Rs. 5,600/year
- Extra Large: Rs. 9,000/year
💸 Service Charges
- NEFT (Online): Free
- RTGS (Online): Free
- IMPS: Rs. 2.50 - Rs. 15
- Cheque Book: 25 leaves free
- Debit Card Annual: Rs. 125 - Rs. 300
- SMS Alerts: Rs. 12/quarter
📞 Customer Care Numbers
Toll Free
1800-425-0000
General Helpline
1800-425-4422
Credit Card
1800-425-0000
NRI Services
1800-425-4422
SWIFT Code: IDIBINBB
IFSC Format: IDIB0XXXXXX