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