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Indian Overseas Bank

 
Duration

Revised Interest Rate p.a. (%)
(w.e.f. 16.11.2009)

up to Rs.25 lakhs

> Rs.25 lakhs to < Rs. 1 Crore

Rs. 1 Crore & Above

7 days to 14 days *

2.50

2.50

2.50

15 days to 29 days

2.50

2.50

2.50

30 days to 45 days

3.00

3.00

2.50

46 days to 60 days

3.50

3.50

2.50

61 days to 90 days

3.50

3.50

2.50

91 days to 120 days

3.50

3.50

2.50

121 days to 179 days

4.00

4.00

2.50

180 days to 269 days

5.50

5.50

4.00

270 days to less than 1 year

5.50

5.50

4.50

1 year - less than 2 years

6.25

6.25

5.50

2 Years – up to 3 years

6.50

6.50

5.50

Above 3 years to less than 5 years

6.75

6.75

5.50

5 years and above

6.75

6.75

5.50

* Only for single deposit of Rs.1.00 lakh and above

For resident senior citizens, additional interest rate on term deposits will be 0.75% over the card rates for total deposit not exceeding RS.25 lakhs