Public sector Indian Bank has revised interest rates on domestic term deposits with immediate effect.

Also read | Vande Bharat Express begins regular service from today: Schedule, fare, stations, IRCTC menu; details here

“..announces upward revision in interest rate on domestic term deposits by 50 bps to 90 bps for amount less than Rs one crore across various tenors from three years to less than five years, five years and above five years,” the city-based bank said in a statement here.