For safe investment and guaranteed income, the first choice of most people is still to invest their accumulated capital in Fixed Deposit (FD).
For safe investment and guaranteed income, the first choice of most people is still to invest their accumulated capital in Fixed Deposit (FD). In this sequence, private sector lender IndusInd Bank has increased the interest rates on FDs of less than Rs 2 crore. After this increase in interest rates, the bank is paying 7.50% interest to its general customers and 8.25% to its senior citizen customers. According to the information received from the official website of the bank, the increased new interest rates are applicable from 16 February.
Increased new FD rates of the bank
After the increase in interest rates, the bank will pay 3.5% on FDs of 7 days to 14 days, 3.5% on FDs of 15 to 30 days, 4% on FDs of 30 to 45 days, 4.5% on FDs of 46 to 60 days, 61 to 61 days. 4.6% on FDs of 90 days, 4.75% on FDs of 91 to 120 days, 5% on FDs of 121 to 180 days, 5.75% on FDs of 181 to 210 days, 5.8% on FDs of 211 to 270 days, from 270 days It is paying 6% interest on FDs of 354 days and 6.25% on FDs of 355 days to 364 days.
Maximum 7.50% interest is available here
On the other hand, the bank will pay 7% interest on FDs from 1 year to 1 year 6 months, 7.25% on FDs from 1 year 6 months to less than 2 years, 7.50% on FDs from 2 years to 3 years 3 months. Used to be. Apart from this, the bank is giving 7.25% interest on FDs from 3 years 3 months to less than 61 months, 7% on FDs above 61 months and 7.25% on 5 years Tax Saver Scheme FDs to its customers.
