Indian Overseas Bank increases non-callable FD interest rates by 10 basis points on these tenures: Details

Even as the Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25 per cent amid the West Asia conflict, public sector bank Indian Overseas Bank (IOB) has announced an upward revision in interest rates for its domestic non-callable fixed deposits (FDs). According to the information shared, the decision was finalised during the bank's recent Asset-Liability Committee (ALCO) meeting to align with changing market conditions. The new rates will take effect immediately, from today, June 11, 2026, and will apply to select medium-term tenures, including the popular 444-day period.