IOB increases 444-day FD rate: Check details

Synopsis Indian Overseas Bank has revised its fixed deposit interest rates, effective from November 10, 2026. Senior citizens can avail an additional interest rate, as well as super senior citizens. Listen to this article in summarized format Listen ET Online Indian Overseas Bank (IOB) has increased the interest rate on its special FD of 444 days. The bank, on the other hand, has trimmed the rate on FDs of 180 to 269 days. Thus, Indian Overseas Bank joins banks such as HDFC Bank , ICICI Bank , Kotak Mahindra Bank , among others that have also revised FD rates in November. The revised FD rates of Indian Overseas Bank are effective from November 10, 2026. Indian Overseas Bank 444 days FD interest rates IOB has increased the interest rate on its special 444-day fixed deposit by 15 basis points (bps), from 6.60% to 6.75%, for regular deposits. However, the bank has reduced the interest rate on deposits with tenures of 180-269 days from 4.75% to 4.50%. The bank has retained the interest rates for the rest of the FD tenures. Here is a detailed look at the revised IOB FD interest rates and how they compare with the earlier rates. Deposits Existing Rates for Deposits below Rs. 3 Crore Revised Rates for Deposits below Rs. 3 Crore W.E.F 15.05.2026 (in %) W.E.F 10.11.2026 (in %) 7-14 Days* 3.5 3.5 15-29 Days 3.5 3.5 30-45 Days 3.5 3.5 46-60 Days 4 4 61-90 Days 3 3 91-120 Days 3.5 3.5 121-179 Days 2.9 2.9 180-269 Days 4.75 4.5 270 Days to < 1 Year 5.5 5.5 1 Year 6.5 6.5 > 1 Year to < 2 Years 6.4 6.4 (Except 444 Days) 444 Days 6.6 6.75 2 Years to < 3 Years 6.4 6.4 3 Years and above 6.1 6.1 Revised IOB senior citizens FD interest rate For senior citizens (aged 60 years and above), the bank offers an additional interest rate of 0.50%. The highest interest rate offered to senior citizens is 7.25% on 444 days. For super senior citizens (aged 80 years and above), an additional interest rate of 0.75% continues. The highest interest rate offered to super senior citizens is 7.50% on the 444-day tenure. The interest rate of the IOB Tax Saver Deposit (5-year FD) will be 6.10%. IOB NRE FD interest rates Period of Deposit Existing Rates for Deposits below Rs. 3 Crore Revised Rates for Deposits below Rs. 3 Crore w.e.f. 15.12.2025 (in %) w.e.f. 10.11.2026 (in %) 1 Year 6.5 6.5 > 1 Year to < 2 Years (Except 444 Days) 6.4 6.4 444 Days 6.6 6.75 2 Years to < 3 Years 6.4 6.4 3 Years and Above 6.1 6.1 (Join our ETWealth WhatsApp channel for all the latest updates) Add as a Reliable and Trusted News Source Add Now! Read more news on indian overseas bank hdfc bank kotak mahindra bank icici bank Indian Overseas Bank fixed deposit interest rates 444-day FD FD rates update senior citizens FD rates NRE FD interest rates (Catch all the Personal Finance News , Breaking News , Budget 2025 Events and Latest News Updates on The Economic Times .) Subscribe to ET Prime and read the ET ePaper online. ...more Add Comment