Earn interest up to 8.60% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable) Invest Now

About the IndusInd Bank FD

The IndusInd Bank Fixed Deposit has a range of features that enable you to capitalise on your investment and secure your financial wellbeing. Getting started is easy with the online application process, allowing you to invest for your varying goals without any hassles. 

 

You also get the option to choose from multiple interest payout options, giving you the chance to get a regular cash inflow while securing financial growth. Moreover, you get to choose from numerous FD schemes, making it easy for you to invest as per your goals and ability. 

IndusInd Bank FD Interest Rates

Tenor

Interest rate for non-senior citizens

Interest rate for senior citizens 

7 - 14 days

3.50% p.a.

4.00% p.a.

15 - 30 days

3.50% p.a.

4.00% p.a.

31 - 45 days

4.00% p.a.

4.50% p.a.

46 - 60 days

4.50% p.a.

5.00% p.a.

61 - 90 days

4.60% p.a.

5.10% p.a.

91 - 120 days

4.75% p.a.

5.25% p.a.

121 - 180 days

5.00% p.a.

5.50% p.a.

181 - 210 days

5.85% p.a.

6.35% p.a.

211 - 269 days

6.00% p.a.

6.50% p.a.

270 - 354 days

6.25% p.a.

6.75% p.a.

355 - 364 days

6.25% p.a.

6.75% p.a.

1 Year to less than 1 Year 6 Months

7.50% p.a.

8.00% p.a.

1 Year 6 Months to less than 1 Year 7 Months

7.75% p.a.

8.25% p.a.

1 Year 7 Months to less than 2 Years

7.75% p.a.

8.25% p.a.

2 Years to 2 Years 1 Month

7.75% p.a.

8.25% p.a.

More than 2 Years 1 Month to less than 2 years 6 Months

7.75% p.a.

8.25% p.a.

2 years 6 Months to less than 2 years 9 Months

7.75% p.a.

8.25% p.a.

2 years 9 Months to 3 years 3 months

7.75% p.a.

8.25% p.a.

Above 3 years 3 months to less than 61 months

7.25% p.a.

7.75% p.a.

61 month and above

7.00% p.a.

7.50% p.a.

Indus Tax Saver Scheme (5 years)

7.25% p.a.

7.75% p.a.

Disclaimer: The above-mentioned rates for deposits below ₹2 Crores are recorded as of 13 April 2023 and are subject to change at the discretion of the bank.

 

indusind bank fd rates

IndusInd Bank FD Returns Based on Different Tenors

Given below a tabular overview of the returns you can earn from your IndusInd Bank FD for different tenors. The investment amount is assumed as ₹1 Lakh.

Tenor (in months)

IndusInd Bank non-senior citizen FD rates

Returns on Maturity

IndusInd Bank senior citizen FD rates

Returns on Maturity

12

7.5% p.a.

₹ 1,07,714

8% p.a.

₹ 1,08,243

24

7.75% p.a.

₹ 1,16,593

8.25% p.a.

₹ 1,17,742

36

7.25% p.a.

₹ 1,25,895

7.75% p.a.

₹ 1,25,895

48

7.25% p.a.

₹ 1,33,296

7.75% p.a.

₹ 1,35,939

60

7.25% p.a.

₹ 1,43,226

7.75% p.a.

₹ 1,46,784

Disclaimer: The returns computed above are based on the prevailing interest rate. The Fixed deposit interest rates are subject to change at bank’s discretion. The depositors shall ascertain the rates on the value date of the fixed deposit. The revised FD rates shall be applicable for new FDs and renewal of existing FDs.

Compare IndusInd Bank Fixed Deposit Returns with Top Banks

Comparing the IndusInd Bank FD rates with that of other fixed deposits will allow you to choose the best option and maximise your returns. Given below are FD rates of some of the top banks:

Bank

Interest Rate (p.a.)

Min. Amount

Max. Tenor

Yes Bank

Up to 7.75%

₹10,000

10 years

SBI Bank

Up to 7.50%

₹1,000

10 years

Citi Bank

Up to 7.25%

₹5,000

10 years

Bank of India

Up to 7.15%

₹5,000

10 years

Disclaimer: The above rates and terms are subject to change at the issuer’s discretion.

IndusInd Bank FD Interest Rates for NRIs

Given below is an overview of the IndusInd Bank Fixed Deposit rates for NRIs:

NRE Deposit

NRO Deposit

FCNR Deposit

Tenor (months)

Rate (p.a.)

Tenor (months)

Rate (p.a.)

Tenor

Rate (p.a.)

12 < 18

7.50%

12 < 18

7.50%

1 < 2 years

Up to 5.70%

18 < 24

7.75%

18 < 30

7.75%

2 < 3 years

Up to 5.30%

25 < 39

7.75%

30 < 39

7.75%

3 < 4 years

Up to 5.00%

39 < 60

7.25%

39 < 61

7.25%

4 < 5 years

Up to 4.35%

61 and above

7.00%

61 and above

7.00%

5 years

Up to 4.35%

Disclaimer: The above rates are subject to change at the bank’s discretion.

Types of IndusInd Bank FD Schemes

With competitive IndusInd Bank fixed deposit rates, you can choose from any of the following FD schemes to and start growing your wealth.

  • Term Deposit

A regular fixed deposit scheme, you can invest up to ₹10 Lakh and invest for tenors ranging from a few days to a few years. 

  • Tax Saving Deposit

You can choose to invest for a tenor of 5 years, enjoy the benefits of the competitive FD rates by IndusInd Bank, and save on tax simultaneously!

  • Senior Citizen Scheme

IndusInd Bank FD rates for senior citizens is higher than those for individuals under the regular scheme, facilitating better returns. 

  • Deposit Plus

Designed to offer better returns by investing the monthly interest payout in market-linked instruments. The FD interest rates in this IndusInd Bank scheme is generally discounted than the standard FD rate. Minimum monthly interest payout from the FD should not be less than Rs.1000 to start your Deposit Plus. The interest income is subject to market risk as the interest earned are invested in Mutual Fund through Systematic investment plans (SIP).

  • Sweep In/ Sweep Out

With this facility, you can link your savings account or current account with the bank to your FD. Under this, if there is insufficient balance in the current account or savings account, the required amount gets transferred from your FD to your bank account.

 

In case there’s a surplus amount in the savings or current account, the same will be transferred to your FD. The minimum deposit amount depends on the savings account or current account type held by the depositor.

  • NRE

This deposit is specially curated for  NRIs and PIOs to invest funds earned outside the country. In addition to being tax-free and entirely repatriable, you can enjoy the competitive FD rates in IndusInd Bank FD scheme.

  • NRO

Under this scheme, NRIs and PIOs can invest their locally earned funds and earn better returns through the scheme.

  • FCNR

Here, you can invest your income from sources outside the country without converting it into Rupees. This protects from the exchange rate risk. 

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Features of IndusInd Bank FD

Competitive Interest Rates

Interest rates influence the returns you earn from your fixed deposit investment. As such, competitive interest rates mean you get to enjoy higher returns.

 

In fact, IndusInd Bank FD rates for senior citizens are even higher than that for individuals. This coupled with flexibility in investment amount and tenor, allows you to secure better returns.

Multiple Interest Payout

With IndusInd Bank FD, you can choose from annual, half-yearly, quarterly, and monthly interest payout options. This enables you to have a regular cash inflow as per your needs while earning good returns.

Digital and Seamless Process

IndusInd Bank offers a seamless investment process that you can complete online entirely. This makes the process quicker and enables you to invest whenever you want and from anywhere.

Eligibility Criteria

To invest in IndusInd Bank Fixed Deposit, you need to meet a few eligibility criteria. This includes:

  • Being above the age of 18

  • Being an Indian citizen

  • Have the required KYC Documents 

 

With the above eligibility criteria, the following entities can invest in an FD:

  • Individual

  • Guardians of a Minor

  • Partnership firm

  • Companies (Limited)

  • HUF

  • Proprietor

  • Clubs, Association, Societies, Trusts

 

While IndusInd Bank Fixed Deposit rates make it a great investment option, the other features of the FD add more value to your investment. Be sure to choose the right tenor to make the most of the current FD interest rates in IndusInd Bank.

Disclaimer

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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FAQs About IndusInd Bank FD

Current IndusInd Bank FD interest rates go up to 8.50% per annum. It is important to remember that the FD rates may vary depending on the tenor, amount, and type of scheme you choose.

Yes, you can get a loan against your fixed deposit in IndusInd Bank. The interest rate for this loan will be nominally higher than the IndusInd Bank FD rates. However, this may still be lower than the interest rate for other types of loan, enabling you to save on the borrowing costs.

Yes, IndusInd Bank FD is accredited with AA+ by CRISIL and ICRA, making it a safe investment option.

The minimum investment amount for IndusInd Bank FD is ₹10,000 and the maximum is ₹10 Lakhs. The investment tenor can range from 7 days to 10 years. With this range you can choose a comfortable amount and tenor to make the most of IndusInd Bank Fixed Deposit interest rates.

Yes. Deposit Insurance and Credit Guarantee Corporation (DICGC) cover of up to Rs. 5 Lakhs including principal and interest  is available for Bank fixed deposits.

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