Indian Bank is an Indian state-owned financial services company established in 1907 and headquartered in Chennai, India. It has 20,661 employees, 2594 branches and is one of the top performing public sector banks in India.

As you Asking for the Information About the Current Account of the Indian Bank the information is given below

Period :
Minimum 15 days to 180 days
• For MOD (STD) deposits of 7 days to 14 days – Minimum deposit amt will be Rs.1 lakh (i.e.,Push will be in multiples of Rs..1 lakh)

Features :

A Current Account with an option to convert your excess funds in the account to Term Deposit on a daily basis.
• Daily sweep available min Rs.10000 and multiples
• Customer can issue the cheque freely upto the balance in the MOD (multi option deposit ) plus the balance in the Current Account

Minimum Amount
STD upto 180 days
• Minimum Quarterly average balance Rs.1 lakh -(Total products of Rs.90,00,000 per quarter i.e. 90 days X Rs.1,00,000/-)

• Threshold limit Rs.2,00,000/-(i.e. Sweep would be effected only when the balance exceeds Rs.2,00,000/-)

• Cut off balance for transferring to MOD A/c (threshold balance) will be Rs.2,00,000 or more, at the option of the depositor.

For more information you may Visit the Nearest branch of the Indian bank