Date: October 22, 2026
Board Meeting Outcomes
The Asset Liability Management Committee (ALCO) of Indian Bank held a meeting on October 22, 2026 to consider various aspects of Bank Deposits.
The ALCO decided to upwardly revise the Rate of Interest (ROI) for two special term deposit schemes:
Interest Rate Revision Details
| Deposit Product | Existing Rate (% p.a.) | Revised Rate (% p.a.) | Change (bps) |
| Ind Grow (555 days) | 6.65 | 6.80 | +15 |
| Ind Prosper (777 days) | 6.60 | 6.75 | +15 |
The revised interest rates will be effective from October 23, 2026.