**Indian Overseas Bank FD Calculator** is available on this page. Get the latest rates and tenure periods of Indian Overseas Bank. To calculate your Fixed Deposit Maturity amount the interest rates and tenure periods are necessary. Read the complete article to know the usage of the IOB Fixed Deposit Calculator and the Indian Overseas Bank Interest rates, schemes, features, Account opening procedure, etc.

## Indian Overseas Bank FD Calculator

The FD Calculator is mainly used to calculate the Maturity Amount of the Fixed Deposit. Indian Overseas Bank is offering high-interest rates for Fixed Deposit. To calculate the Maturity Amount, you have to know the interest rates and the tenure periods. You can find the Indian Overseas Bank Fixed Deposit Interest Rates along with the tenure period in the below sections. We are also providing the** IOB Fixed Deposit Calculator** on this page. Therefore, by using those interest rates, you can directly calculate your Fixed Deposit maturity amount on this page.If you do not know the usage of the Indian Overseas Bank Fixed Deposit Calculator, you can follow the below sections to learn the usage of the Indian Overseas Bank FD Calculator.

### How to Use Indian Overseas Bank FD Calculator?

Many people don’t know the usage of the IOB Fixed Deposit Calculator. It is used to calculate the Fixed Deposit maturity amount. The **IOB Fixed Deposit Interest Rates** and tenure periods are very important to calculate the Fixed Deposit maturity amount. For the sake of people, we are providing some simple and easy steps for calculating your maturity amount in the Indian Overseas Bank Fixed Deposit Calculator. So, follow the below steps to calculate your fixed deposit maturity amount.

- First of all, go to the Indian Overseas Bank Official Website.
- Search for the Indian Overseas Bank FD Calculator.
- If you find the link, then click on it.
- A page with the IOB Fixed Deposit Calculator appears on the screen.
- Enter the necessary details like Investment amount, interest rate, tenure period, compounding interest or frequency.
- Click on the calculate button.
- Finally, a page with your Fixed Deposit Maturity amount appears on the screen.
- Hence, you can try with different interest rates and tenure periods to know the maturity amount.

Click here to open the Indian Overseas Bank FD Calculator Directly: Indian Overseas Fixed Bank Calculator.

### IOB FD Interest Rates

Tenure Period |
Interest Rates for Regular Depositors |
Interest Rates for Senior Citizens |

7 days to 14 days | 4.00% | 4.50% |

15 days to 29 days | 4.00% | 4.50% |

30 days to 45 days | 4.00% | 4.50% |

46 days to 60 days | 4.00% | 4.50% |

61 days to 90 days | 4.50% | 5.00% |

91 days to 120 days | 5.00% | 5.50% |

121 days to 179 days | 5.00% | 5.50% |

180 days to 269 days | 5.75% | 6.25% |

270 days to 364 days | 6.25% | 6.75% |

1 year | 6.75% | 7.25% |

1 year 1 day to 1 year 364 days | 6.50% | 7.00% |

2 years to 3 years | 6.25% | 6.75% |

3 years 1 day to 4 years 364 days | 6.00% | 6.50% |

5 years to 10 years | 6.00% | 6.50% |

### Indian Overseas Bank FD Interest Rates

Type of Account |
Regular Depositors Interest Rate |
Senior Citizens Interest Rates |

Domestic | 4.00% | 4.00% |

With Cheque Book Facility | 4.00% | 4.00% |

Without Cheque Book Facility | 4.00% | 4.00% |

No Frills Account | 4.00% | 4.00% |

Non-Resident | 4.00% | 4.00% |

NRO | 4.00% | 4.00% |

NRE | 4.00% | 4.00% |

The Indian Overseas Bank is offering high-interest rates for Fixed Deposit. The interest rates are essential to calculate the maturity amount. If you invest a small amount of money in IOB, you can receive a huge amount of money at the time of the maturity. The Indian Overseas Bank is offering more interest for Senior Citizens than the regular depositors. We had given the IOB Fixed Deposit Interest rates in the above tabular columns. So, check the above tables to know the interest rates, tenure period and to calculate your Fixed Deposit Maturity Amount.

## Indian Overseas Bank Fixed Deposit

The Fixed Deposit is also known as the Term Deposit. Many people are using fixed deposit for saving their money in banks. It is one of the trusted and safest schemes to save the money. Many banks are offering high-interest rates for Fixed Deposits. There are many advantages and benefits for the Fixed Deposit Account Holders. So, you can earn a huge amount by investing a small amount in FD.

Indian Overseas Bank is one of the popular banks in India. It was founded by the M.Ct.M. Chidambaram Chettyar in 1937. In India, there are many Indian Overseas Bank Branches and ATM’s. In December 2014, the Indian Overseas Bank got more profits. The IOBank is offering more interest rates for Fixed Deposits. We had given the interest rates in the above tables. So, check the interest rates and **IOB FD Account Eligibility** once before investing your amount. You can also calculate your Maturity Amount on this page by using the Indian Overseas Bank FD Calculator. See the below link to know more details about IOB.

Click here: Indian Overseas Bank Fixed Deposit.

### IOB FD Account Eligibility

Before opening a Fixed Deposit Account in a bank, the users have to check their eligibility. Most of the banks allow only the eligible persons to open an FD Account. We are providing the eligibility details of the Fixed Deposit in the below sections. The eligible persons have to know the **Indian Overseas Bank FD Account Opening** Procedure. Therefore, the interested persons who want to open a Fixed Deposit Account can check their eligibility from the below list.

- A Salaried person.
- Rural saver.
- Small trader.
- Self – employed and professionals.

### Indian Overseas Bank FD Account Opening

The individuals who want to open a new FD Account can open in 2 ways. One is the online process and the another one is the offline process. We are giving the two processing method in the below sections. So, follow the below topics to know furthermore details about the account opening process.

#### How to Open IOB FD Account Online

The individuals who want to apply for a new FD Account in the online process can follow the below steps.

- First of all, go to the Indian Overseas Bank Official website.
- If you have the internet banking account in IOB, then log in with your ID and Password.
- Search for the Fixed Deposit Account Opening application form.
- If you find the IOB FD Application form fill it without any mistakes.
- After filling the application form submit it.
- Pay the application fee through the internet banking.
- The IOB Officers will verify your application to confirm your FD Account.

#### How to Open IOB FD Account Offline

- First of all, go to the IOB Official Website.
- Search for the Indian Overseas Fixed Deposit Application form.
- Download the application form from the pdf.
- Fill the application form without any mistakes.
- While submitting the application form, you have to attach some necessary documents.
- Attach the required documents to the application form and submit at the counter.
- The Bank holders will verify your documents and application to approve your Fixed Deposit Account.

People who want to apply for a new Fixed Deposit Account in the offline process can use the above steps. To know furthermore details about Fixed Deposit Account Opening, you can see the below link.

Click here: Indian Overseas Bank Fixed Deposit Account Opening

### IOB Fixed Deposit Schemes

The Indian Overseas Bank is offering many schemes for Fixed Deposit. The interest rates are also high for Fixed Deposit. Therefore, we are providing some of the IOB Fixed Deposit Schemes in the below sections. Hence, the interested persons can see the below sections to know the schemes of the Indian Overseas Bank.

#### IOB Short Term FD Rates

- In Short Term Deposit, the interest rate varies from 4% to 6.25% for a tenure period of 7 days to 1 year.
- For a tenure period of 7 days to 14 days, the interest rate is 4.5% per annum.
- The interest rate is 4.5% for a tenure period of 15 days to 90 days.
- For 91 days to 120 days and 121 days to 179 days, the interest rate is 5% per annum.
- The interest rate is 5.75% for a tenure period of 180 days to 269 days.
- The interest rate is 6.25% per annum for a tenure period of 270 days to 1 year.

#### Medium and Long Term FD Rates

- In medium term and long term, the interest rate is 7.25% per annum for a tenure period of 1 year and above.

#### Senior Citizens FD Rates

- The interest rate for senior citizens is varied from 5% per annum to 8.75% per annum for a tenure period of 7 days to 1 year.
- For a tenure period of 7 days to 14 days, the interest rate is 5% per annum.
- The interest rate is 5% per annum for a tenure period of 15 days to 90 days.
- For 91 days to 120 days, the interest rate is 7.25% per annum.
- For 121 days to 179 days, the interest rate is 7.5% per annum.
- The interest rate is 8.25% per annum for a tenure period of 180 days to 269 days.
- The interest rate is 8.5% per annum for a tenure period of 270 days to 1 year.