IndusInd Bank Latest Fixed Deposit Interest Rates
Premature Withdrawal Allowed Fixed Deposit Interest Rate Less Than 2 Crs (Domestic/NRO/NRE deposits)
Domestic /NRO/NRE/ Senior Citizen Fixed Deposit Rates (all in %)
| Less than 2 Cr* (Domestic /NRO/NRE deposits) | Less than 2 Cr* (Senior Citizen) Not applicable for NRO deposits |
|
|---|---|---|
| Tenure | Rate | Rate |
| 7 days to 14 days | 3.50 | 4.25 |
| 15 days to 30 days | 3.50 | 4.25 |
| 31 days to 45 days | 4.00 | 4.75 |
| 46 days to 60 days | 4.00 | 4.75 |
| 61 days to 90 days | 4.25 | 5.00 |
| 91 days to 120 days | 4.50 | 5.25 |
| 121 days to 180 days | 4.75 | 5.50 |
| 181 days to 210 days | 5.00 | 5.75 |
| 211 days to 269 days | 5.25 | 6.00 |
| 270 days or 354 days | 5.50 | 6.25 |
| 355 days or 364 days | 5.50 | 6.25 |
| 1 Year to below 1 Year 6 Months | 6.25 | 7.00 |
| 1 Year 6 Months to below 1 Year 7 Months | 6.75 | 7.50 |
| 1 Year 7 Months to below 2 Years | 6.75 | 7.50 |
| 2 Years up to 2 Years 1 Month | 7.00 | 7.75 |
| Above 2 Years 1 Month to below 2 years 6 Months | 6.75 | 7.50 |
| 2 years 6 Months to below 2 years 9 Months | 6.75 | 7.50 |
| 2 years 9 Months to below 3 years | 6.75 | 7.50 |
| 3 years to below 61 month | 6.75 | 7.50 |
| 61 month and above | 6.25 | 7.00 |
| Indus Tax Saver Scheme (5 years) | 6.75 | 7.50 |
*Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days.
Please Note:
Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%.
Above mentioned rates are not applicable for Call/Notice/Term Money market participants (both as lenders and borrowers). Kindly contact nearest branch/RM for rates and guidance
NRE deposit rates are applicable only for Tenure 1 year onwards.
Senior Citizens – Additional interest rate on Domestic Term Deposits
An additional interest rate of 0.75% over and above the card rates is applicable for Term Deposits of Senior citizens (Age 60 years & above) for value below Rs. 2 cr. (Not applicable for NRO deposits). However, in case the senior citizen opts to place deposits of value greater than or equal to 2 Cr, the benefit of additional interest shall not be available.
Premature Withdrawal Allowed Fixed Deposit Interest Rate 2 Crs to less than 5 Crs (Domestic/NRO/NRE deposits)
Domestic /NRO/NRE Fixed Deposit Rates (all in %)
| Tenure | 2 crore to less than 5 crores (Domestic /NRO/NRE deposits) – Premature Withdrawal Allowed* |
|---|---|
| Rate | |
| 7 days to 14 days | 4.00 |
| 15 days to 30 days | 4.10 |
| 31 days to 45 days | 4.25 |
| 46 days to 60 days | 4.35 |
| 61 days to 90 days | 4.50 |
| 91 days to 120 days | 5.00 |
| 121 days to 180 days | 5.10 |
| 181 days to 210 days | 5.25 |
| 211 days to 269 days | 5.40 |
| 270 days or 354 days | 5.75 |
| 355 days or 364 days | 6.00 |
| 1 Year to below 1 Year 6 Months | 6.25 |
| 1 Year 6 Months to below 1 Year 7 Months | 6.75 |
| 1 Year 7 Months to below 2 Years | 6.75 |
| 2 Years up to 2 Years 1 Month | 7.00 |
| Above 2 years 1 month to below 2 years 6 Months | 6.75 |
| 2 years 6 Months to below 2 years 9 Months | 6.75 |
| 2 years 9 Months to below 3 years | 6.75 |
| 3 years to below 61 month | 6.75 |
| 61 month and above | 6.50 |
| Indus Tax Saver Scheme (5 years) | NA |
* Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days.
Please Note:
Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%.
Above mentioned rates are not applicable for Call/Notice/Term Money market participants (both as lenders and borrowers). Kindly contact nearest branch/RM for rates and guidance
NRE deposit rates are applicable only for Tenure 1 year onwards.
High Value / Bulk Deposit of value 2 Crs & above shall be accepted at the sole discretion of the Bank
Senior Citizens – Additional interest rate on Domestic Term Deposits
An additional interest rate of 0.75% over and above the card rates is applicable for Term Deposits of Senior citizens (Age 60 years & above) for value below Rs. 2 cr. (Not applicable for NRO deposits). However, in case the senior citizen opts to place deposits of value greater than or equal to 2 Cr, the benefit of additional interest shall not be available.
Premature Withdrawal Not Allowed Fixed Deposit Interest Rate 1 Cr to less than 5 Crs (Domestic/NRO/NRE deposit)
Domestic /NRO/NRE Fixed Deposit Rates (all in %) w.e.f. October 18th, 2022
| Tenure | 1 crore to less than 5 crores (Domestic /NRO/NRE deposits) – Premature Withdrawal Not Allowed*** (Only for Non-Individuals) |
|---|---|
| Rate | |
| 7 days to 14 days | 4.00 |
| 15 days to 30 days | 4.10 |
| 31 days to 45 days | 4.35 |
| 46 days to 60 days | 4.45 |
| 61 days to 90 days | 4.65 |
| 91 days to 120 days | 5.15 |
| 121 days to 180 days | 5.25 |
| 181 days to 210 days | 5.40 |
| 211 days to 269 days | 5.55 |
| 270 days or 354 days | 5.90 |
| 355 days or 364 days | 6.15 |
| 1 Year to below 1 Year 6 Months | 6.40 |
| 1 Year 6 Months to below 1 Year 7 Months | 7.00 |
| 1 Year 7 Months to below 2 Years | 7.00 |
| 2 Years up to 2 Years 1 Month | 7.10 |
| Above 2 years 1 month to below 2 years 6 Months | 7.00 |
| 2 years 6 Months to below 2 years 9 Months | 7.00 |
| 2 years 9 Months to below 3 years | 7.00 |
| 3 years to below 61 month | 7.00 |
| 61 month and above | 6.65 |
| Indus Tax Saver Scheme (5 years) | NA |
*Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days.
Please Note
***Premature withdrawal is not allowed on Non-Callable FDs (FDs where Premature Withdrawal is Not Allowed) for value greater than equal to 1 cr. Non-Callable FDs are allowed only for Non-Individuals.
Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%.
Above mentioned rates are not applicable for Call/Notice/Term Money market participants (both as lenders and borrowers). Kindly contact nearest branch/RM for rates and guidance
NRE deposit rates are applicable only for Tenure 1 year onwards.
High Value / Bulk Deposit of value 2 Crs & above shall be accepted at the sole discretion of the Bank
Senior Citizens – Additional interest rate on Domestic Term Deposits
An additional interest rate of 0.75% over and above the card rates is applicable for Term Deposits of Senior citizens (Age 60 years & above) for value below Rs. 2 cr. (Not applicable for NRO deposits). However, in case the senior citizen opts to place deposits of value greater than or equal to 2 Cr, the benefit of additional interest shall not be available.
Bulk Deposit Rates Callable/ Non Callable
Click here Fixed Deposit Interest Rate Greater Than or Equal to 5 Cr – Withdrawal
Click here Fixed Deposit Interest Rate Greater Than or Equal to 5 Cr – Non- Withdrawal