FD Rates: Crores of customers of IndusInd Bank may get a slight shock. IndusInd Bank, one of the largest private sector banks in the country, has revised the interest rates of FDs. The bank has reduced interest on some FDs. IndusInd Bank is offering a maximum interest of 8.25 percent to senior citizens
FD Rates: Crores of customers of IndusInd Bank may get a slight shock. IndusInd Bank, one of the largest private sector banks in the country, has revised the interest rates of FDs. The bank has reduced interest on some FDs. IndusInd Bank is offering a maximum interest of 8.25 percent to senior citizens. This interest is being offered on FDs of one year 3 months. These new interest rates on FDs have come into effect from 7 October 2024.
IndusInd Bank increased interest on FD
IndusInd Bank has made this revision on FDs of less than Rs 3 crore. The bank is offering interest ranging from 3.50% to a maximum of 7.75% to general customers. The bank is offering a maximum of 7.75% interest to general customers. The bank is offering an extra 0.50% interest to senior citizens as compared to general customers. Senior citizens are getting a maximum of 8.25% interest.
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Fixed Deposit Rate on IndusInd Bank
- Interest on FDs maturing in 7 to 30 days – 3.50%
- Interest on FDs maturing in 31 to 45 days – 3.75%
- Interest on FDs maturing in 46 to 60 days – 4.75%
- Interest on FDs maturing in 61 to 90 days – 4.75%
- Interest on FDs maturing in 91 to 120 days – 4.75%
- Interest on FDs maturing in 121 to 180 days – 5%
- Interest on FDs maturing in 181 to 210 days – 5.85%
- Interest on FDs maturing in 211 to 269 days – 6.10%
- Interest on FDs maturing in 270 to 354 days – 6.35%
- Interest on FDs maturing in 355 to 364 days – 6.50%
- Interest on FDs maturing in 1 year to 1 year 3 months – 7.75%
- Interest on FDs maturing in 1 year 3 months to 1 year 4 months – 7.75%
- Interest on FDs maturing in 1 year 4 months to 1 year 6 months – 7.75%
- Interest on FDs maturing in 1 year 6 months to 2 years – 7.75%
- Interest on FDs maturing in 2 years 3 to 2 years 6 months – 7.25%
- Interest on FDs maturing in 2 years 6 months to 2 years 7 months – 7.25%
- 2 years 7 months to 3 years 3 months – 7.25%
- 3 years 3 months to 61 months – 7.25%
- 61 months and above – 7%
- Interest on tax saving FDs of 5 years and above – 7.25%
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