Bank FD Rates: Private sector IndusInd Bank has revised the interest rates of fixed deposits. New interest rates on deposits less than Rs 3 crore have come into effect from 7 September 2024. Let us tell you that the bank is giving 0.50% additional interest to senior citizens compared to general citizens.
According to the official website of Indusind Bank, common citizens are getting interest ranging from 3.50% to 7.99% on FDs from 7 days to 10 years. At the same time, the bank is giving interest ranging from 4% to 8.49% to senior citizens.
These days, the highest returns are being received on FD
The bank is giving the highest returns on the period of 1 year 4 months to less than 1 year 6 months. The interest rate for ordinary citizens is 7.99% and for senior citizens it is 8.49%. Apart from this, there are three such FDs between one year to 2 years on which the bank is giving 7.75% interest to the common citizens. There are five different periods of more than 2 years on which 7.25% interest is being given. This list also includes the five-year Indus Tax Saver Scheme.
Tenure and interest rates for ordinary citizens
- 7 to 14 days – 3.50%
- 15 to 30 days – 3.50%
- 31 to 45 days – 3.75%
- 46 to 60 days – 4.75%
- 61 to 90 days – 4.75%
- 91 to 120 days – 4.75%
- 121 to 180 days – 5%
- 181 to 210 days – 5.50%
- 211 to 269 days – 6.10%
- 270 to 354 days – 6.35%
- 355 to 364 days – 6.50%
- 1 year to less than 1 year 3 months – 7.75%
- 1 year 3 months to less than 1 year 4 months – 7.75%
- 1 year 4 months to less than 1 year 6 months – 7.99%
- 1 year 6 months to 2 years – 7.75%
- Above 2 years and less than 2 years 6 months – 7.25%
- 30 months to less than 31 months – 7.25%
- 2 years 7 months to 3 years 3 months – 7.25%
- Above 3 years 3 months and below 61 months – 7.25%
- 61 months and above – 7%
- 5 Year Indus Saver Scheme – 7.25%