IndusInd Bank FD Rates: IndusInd Bank has shocked crores of customers. IndusInd Bank, one of the country’s largest private sector banks, has reduced the interest rates on FDs.
IndusInd Bank has changed the interest rates on fixed deposits (FDs) of less than Rs 3 crore. Now the maximum interest rate for general citizens will be 7.75% and for senior citizens it will be 8.25%. This rate will be applicable on FDs with a period of 1 year 5 months to less than 1 year 6 months.
Indusind Bank reduced interest on this FD
The bank is now offering interest rates ranging from 3.50% to 7.75% to general customers and 4% to 8.25% to senior citizens. Earlier, for the same period, general citizens used to get 7.99% and senior citizens up to 8.49% interest. These new rates of the bank have come into effect from 24 February 2025. IndusInd Bank has reduced FD rates after RBI reduced the repo rate.
IndusInd Bank has revised the interest rate on FD
IndusInd Bank has made this revision 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 offering a maximum interest of 7.99 percent to general customers. The bank is giving an extra interest of 0.50 percent to senior citizens as compared to general customers. The bank is giving a maximum interest of 8.49 percent to senior citizens. These new interest rates on FDs have been implemented from November 26, 2024.
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 5 months – 7.75%
- Interest on FDs maturing in 1 year 5 months to 1 year 6 months – 7.75%
- Interest on FDs maturing in 1 year to 6 months to 2 years – 7.75%
- Interest on FDs maturing in 1 year to 6 months to 2 years – 7.75%
- Interest on FDs from 2 years to 3 years to 2 years 6 months – 7.25%
- Interest on FDs from 2 years 6 months to 2 years 7 months – 7.25%
- 2 years 7 months to 3 years 3 months – 7.25 percent
- 3 years 3 months to 61 months – 7.25%
- 61 months and above – 7 per cent
- Interest rate on tax saving FDs of 5 years – 7.25%
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