IndusInd Bank Fixed Deposits Interest Rates 2022

IndusInd bank fixed deposit

IndusInd bank fixed deposit

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.