Fixed Deposit: Depositing money in Fixed Deposit (FD) is considered a safe and profitable investment. In this you get guaranteed income along with interest after a fixed period.
In such a situation, the large private sector lender IndusInd Bank (IndusInd Bank) has increased the interest rates on FDs of less than Rs 2 crore. The increased new interest rates of the bank are applicable from 18 March. Let us know the increased new FD rates of the bank.
Getting 8.25% interest here
After the increase in interest rates, the bank will give 3.50% to 7% interest to its general customers. At the same time, it will give 4% to 7.50% interest to its senior citizen customers during the same period. Apart from this, the bank will give a maximum interest of 7.75% on FDs of 1 year 6 months to 3 years 3 months to its general customers and 8.25% to its senior citizen customers.
Increased new FD rates of IndusInd Bank
After this increase in interest rates, the bank will offer 3.50% on FDs of 7 days to 30 days, 4% on FDs of 31 days to 45 days, 4.50% on FDs of 46 days to 60 days and 61 Paying 4.60% interest on FDs of 90 days from day one. On the other hand, the bank is paying 4.75% on FDs of 91 days to 120 days, 5% on FDs of 121 days to 180 days, 5.75% on FDs of 181 days to 210 days and 5.80% on FDs of 211 days to 269 days. .
Getting 7.75% interest here,
on the other hand, the bank is giving 6% on FDs of 270 days to 354 days, 6.50% on FDs of 355 days to 364 days, 7.50% on FDs from 1 year to 1 year, less than 6 months and 1 year From 6 months to 3 years, 3 months is giving interest of 7.75% on FD. While the bank is paying interest of 7.25% on FDs above 3 years 3 months and 61 months, 7% on FDs above 62 months and 7.25% on 5 years tax saving FDs.
