Indian Overseas Bank FD Interest Rates
Indian Overseas Bank FD interest rates: up to 6.60% for the general public and 7.10% for senior citizens.
- Highest rate, general
- 6.60%
- Tenure (general)
- 444 days
- Highest rate, senior citizens
- 7.10%
- Tenure (senior)
- 444 days
- 5-year tax-saver FD
- 6.10%
- Rate card effective
Indian Overseas Bank’s rate card effective 15 May 2026 pays up to 6.60% a year (444 days) on callable fixed deposits below ₹3 crore. Senior citizens get up to 7.10% (444 days).
Senior citizens. IOB adds 0.50 point for senior citizens (60 and above) and 0.75 point for super senior citizens (80 and above). The senior rates shown here are calculated from that rule.
Tax-saver FD. The IOB Tax Saver Deposit pays 6.10%.
Minimum amount. The 7 to 14 days bucket needs at least ₹1 lakh.
Questions
What is the highest Indian Overseas Bank FD rate?
6.60% for the general public on 444 days, and 7.10% for senior citizens on 444 days, per the rate card effective 15 May 2026.
How much will my Indian Overseas Bank FD earn?
Enter the amount, rate and tenure in the FD calculator.
Compare banks in the FD interest rates table.
- Bank
- Indian Overseas Bank
- Full rate table (below ₹3 crore)
Tenure General Senior citizens 7 days to 14 days 3.50% 4.00% 15 days to 29 days 3.50% 4.00% 30 days to 45 days 3.50% 4.00% 46 days to 60 days 4.00% 4.50% 61 days to 90 days 3.00% 3.50% 91 days to 120 days 3.50% 4.00% 121 days to 179 days 2.90% 3.40% 180 days to 269 days 4.50% 5.00% 270 days to less than 1 year 5.50% 6.00% 1 year 6.50% 7.00% Above 1 year to less than 2 years (except 444 days) 6.40% 6.90% 444 days 6.60% 7.10% 2 years to less than 3 years 6.40% 6.90% 3 years and above 6.10% 6.60% - Senior citizen rule
- IOB adds 0.50 point for senior citizens (60 and above) and 0.75 point for super senior citizens (80 and above). The senior rates shown here are calculated from that rule.
- Bank rate card
- iob.bank.in
- Sources
Source Link Indian Overseas Bank domestic, NRO and NRE retail term deposit rates page https://www.iob.bank.in/en/domestic-nro-nre-retail-term-deposit-rates - Last checked
Source: each bank’s own interest rate page or rate card PDF, linked on each record. Journalist Today is not affiliated with these banks.