IndusInd Bank Fixed Deposit Rates 2023

• 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. 

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.