Indusind Bank Fixed Deposits offers attractive interest rates on Fixed Deposits (FDs) that starts from 3.25% p.a. to 6.50% p.a. for the general public and 3.75% to 7.00% p.a. to senior citizens. You can choose your interest payable to be monthly, quarterly, half-yearly, annually or at maturity as per your convenience.
Features And Benefits Of IndusInd Bank FD
Here are the features and benefits of IndusInd Bank Fixed Deposit Schemes
- Flexible rates of interest
- Special interest for senior citizens
- Flexible tenure
- Partial withdrawals are allowed
- Flexibility for interest payouts
- Nomination facilities
- Auto renewal facilities
Eligibility Criteria
The following are the required eligibility criteria to invest in an IndusInd Bank Fixed Deposit Scheme:
- Individuals
- Sole proprietorships
- HUFs
- Limited companies
- Partnership firms
- Trusts
- Associations
- Societies
- Clubs
- Guardians of minors
Documents Required
The following documents are required to open FD account in IndusInd Bank:
-
Proof of Identity:
- PAN card
- Driving licence
- Aadhaar card
- Senior citizen ID (if applicable)
- Photo ID card issued by the government
- Passport
-
Proof of Address:
- Utility bills such as electricity bill/ telephone bill
- Passport
- Bank statements
Type of IndusInd Bank Fixed Deposit Schemes
IndusInd Bank offers Fixed Deposit Schemes for the following categories:
- Fixed Deposits for general public, NREs, and NROs
- Fixed Deposits for senior citizens
- IndusInd Tax Saver Scheme FD
Also Read: IndusInd Bank Personal Loan: For a Smooth Fiscal Life!
FD Interest Rates For Less than Rs.2 Crore – General Public
| Tenure | Interest rate for the general public (p.a.) |
| 7 days – 14 days | 2.75% p.a. |
| 15 days – 30 days | 3.00% p.a. |
| 31 days – 45 days | 3.50% p.a. |
| 46 days – 60 days | 3.65% p.a. |
| 61 days – 90 days | 3.75% p.a. |
| 91 days – 120 days | 4.00% p.a. |
| 121 days – 180 days | 4.50% p.a. |
| 181 days – 210 days | 4.75% p.a. |
| 211 days – 269 days | 5.00% p.a. |
| 270 days – 354 days | 5.50% p.a. |
| 355 days – less than 1 year | 5.50% p.a. |
| 1 year – less than 1 year 6 months | 6.00% p.a. |
| 1 year 6 months – less than 1 year 7 months | 6.00% p.a. |
| 1 year 7 months – less than 2 years | 6.00% p.a. |
| 2 years – less than 2 years 6 months | 6.50% p.a. |
| 2 years 6 months – less than 2 years 9 months | 6.50% p.a. |
| 3 years – below 61 months | 6.50% p.a. |
| 61 month and above | 6.00% p.a. |
The interest rates are applicable from 01 June 2022.
Fixed Deposit Interest Rates For Less Than Rs.2 Crore – Senior Citizen
| Tenure | Interest rate for senior citizens (p.a.) |
| 7 days – 14 days | 3.25% p.a. |
| 15 days – 30 days | 3.50% p.a. |
| 31 days – 45 days | 4.00% p.a. |
| 46 days – 60 days | 4.15% p.a. |
| 61 days – 90 days | 4.25% p.a. |
| 91 days – 120 days | 4.50% p.a. |
| 121 days – 180 days | 5.00% p.a. |
| 181 days – 210 days | 5.25% p.a. |
| 211 days – 269 days | 5.50% p.a. |
| 270 days – 354 days | 6.00% p.a. |
| 355 days – less than 1 year | 6.00% p.a. |
| 1 year – less than 1 year 6 months | 6.50% p.a. |
| 1 year 6 months – less than 1 year 7 months | 6.50% p.a. |
| 1 year 7 months – less than 2 years | 6.50% p.a. |
| 2 years – less than 2 years 6 months | 7.00% p.a. |
| 2 years 6 months – less than 2 years 9 months | 7.00% p.a. |
| 3 years – below 61 months | 7.00% p.a. |
| 61 month and above | 6.50% p.a. |
Note: The interest rates are applicable from 01 June 2022.
Also Read: Top 5 Tips of Getting a Loan At Your Doorstep
Fixed Deposit Interest Rates for Rs.2 Crore To Less Than Rs.5 crore – Premature Withdrawal Allowed
| Tenure | Interest rate for the general public (p.a.) |
| 7 days – 14 days | 2.75% p.a. |
| 15 days – 30 days | 3.00% p.a. |
| 31 days – 45 days | 3.50% p.a. |
| 46 days – 60 days | 3.60% p.a. |
| 61 days – 90 days | 4.00% p.a. |
| 91 days – 120 days | 4.10% p.a. |
| 121 days – 180 days | 4.50% p.a. |
| 181 days – 210 days | 4.75% p.a. |
| 211 days – 269 days | 5.10% p.a. |
| 270 days – 354 days | 5.25% p.a. |
| 355 days – less than 1 year | 5.25% p.a. |
| 1 year – less than 1 year 6 months | 5.50% p.a. |
| 1 year 6 months – less than 1 year 7 months | 5.60% p.a. |
| 1 year 7 months – less than 2 years | 5.60% p.a. |
| 2 years – less than 2 years 6 months | 5.75% p.a. |
| 2 years 6 months – less than 2 years 9 months | 5.75% p.a. |
| 3 years – below 61 months | 5.75% p.a. |
| 61 month and above | 5.50% p.a. |
Note: The interest rates are applicable from 01 June 2022.
FD Interest Rates for Deposits of Rs.1 Crore To Less Than Rs.5 crore – Premature Withdrawal Not Allowed
| Tenure | Interest rate for the general public (p.a.) |
| 7 days – 14 days | 2.75% p.a. |
| 15 days – 30 days | 3.00% p.a. |
| 31 days – 45 days | 3.60% p.a. |
| 46 days – 60 days | 3.70% p.a. |
| 61 days – 90 days | 4.10% p.a. |
| 91 days – 120 days | 4.25% p.a. |
| 121 days – 180 days | 4.65% p.a. |
| 181 days – 210 days | 4.90% p.a. |
| 211 days – 269 days | 5.25% p.a. |
| 270 days – 354 days | 5.40% p.a. |
| 355 days – less than 1 year | 5.40% p.a. |
| 1 year – less than 1 year 6 months | 5.60% p.a. |
| 1 year 6 months – less than 1 year 7 months | 5.70% p.a. |
| 1 year 7 months – less than 2 years | 5.70% p.a. |
| 2 years – less than 2 years 6 months | 5.85% p.a. |
| 2 years 6 months – less than 2 years 9 months | 5.85% p.a. |
| 3 years – below 61 months | 5.85% p.a. |
| 61 month and above | 5.60% p.a. |
Note: The interest rates are applicable from 01 June 2022.
Also Read: Home Loan EMI Calculator – The Best Tool To Simplify Your Planning!
Final Word
IndusInd Bank offers additional FD interest rates for senior citizens and are usually 0.5% higher than the regular rates. Moreover, you can open an FD account online through their official website.
Having any queries? Do reach us at info@buddyloan.com
