Indian Overseas Bank (IOB) offers FDs with tenures from 7 days to 10 years. For deposits below ₹2 crore, rates around mid‑2025 varied from 4.00 % to 7.30 %. The highest rate of 7.30 % was offered on the 444‑day special deposit. IOB offers higher rates to senior citizens and provides an additional 0.25 % to super senior citizens.
Indian Overseas Bank FD Rates (Deposits <₹2 Crore)
| Tenure | General rate | Senior citizen rate |
|---|---|---|
| 7 days – 45 days | 4.00 % | 4.50 % |
| 180 days – 364 days | 5.75 % | 6.25 % |
| 1 year – <2 years | 6.90 % | 7.40 % |
| 444 days (special) | 7.30 % | 7.80 % |
| 2 years – 3 years | 6.50 % | 7.00 % |
Always check the bank’s official website for current rates and details about premature withdrawal penalties before investing.
