IndusInd Bank Fixed Deposits Interest Rates

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.

Also Read: Capital Small Finance Bank FD Rates

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 months and above	5.60% p.a.

Note: The interest rates are applicable from 01 June 2022.

Also Read: IndusInd Bank Q2 Results FY 2023-24

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.

Download Personal Loan App

Get a loan instantly! Best Personal Loan App for your needs!!

Looking for an instant loan? Buddy Loan helps you get an instant loan from the best RBI-approved lenders. Download the Buddy Loan App from the Play Store or App Store and apply for a loan now!

Having any queries? Do reach us at info@buddyloan.com