Indusind bank fd rates: IndusInd Bank has shocked crores of customers. Indusind Bank, involved in the count of large private sector banks of the country, has reduced the interest rates of FD. IndusInd Bank has changed interest rates on fixed deposits (FD) of less than Rs 3 crore. Now the maximum interest rate for ordinary citizens will be 7.75% and 8.25% for senior citizens. This rate will be applicable to FDs with a period of less than 1 year 5 months to 1 year 6 months.
IndusInd Bank reduced interest on this FD
The bank is now giving interest rates from 3.50% to 7.75% to general customers and 4% to 8.25% to senior citizens. Previously, for this period, ordinary citizens received interest of 7.99% and senior citizens up to 8.49%. These new rates of the bank have come into effect from 24 February 2025. Indusind Bank has declined the FD rates after reducing the RBI repo rate.
Indusind Bank Bank revised interest on FD
Indusind Bank has done this revision on FD of less than Rs 3 crore. The bank is paying interest ranging from 3.50 per cent to a maximum of 7.75 per cent to common customers. The bank is offering a maximum of 7.99 per cent interest to normal customers. The bank is paying an extra interest of 0.50 per cent to senior citizens as compared to common customers. The senior citizens are paying a maximum of 8.49 percent interest. These new interest rates on FD have been implemented from 26 November 2024.
Fixed Deposit Rate on Indusind Bank of IndusInd Bank
Interest on FD maturing in 7 to 30 days – 3.50%
Interest on FD matured in 31 to 45 days – 3.75%
Interest on FDs matured in 46 to 60 days – 4.75%
Interest on FDs matured in 61 to 90 days – 4.75%
Interest on FD matured in 91 to 120 days – 4.75%
Interest on FDs matured in 121 to 180 days – 5%
Interest on FD to be matured in 181 to 210 days – 5.85%
Interest on FD matured in 211 to 269 days – 6.10%
Interest on FD to be matured in 270 to 354 days – 6.35%
Interest on FDs matured in 355 to 364 days – 6.50%
Interest on FD to be matured in 1 year to one year 3 months – 7.75%
Interest on FD to be matured in 1 year 3 months to one year 4 months – 7.75%
Interest on FD to be matured in 1 year 4 months to one year 5 months – 7.75%
Interest on FD matured in 1 year 5 months to one year 6 months – 7.75%
Interest on FDs matured in 1 year to 6 months to 2 years – 7.75%
Interest on FDs matured in 1 year to 6 months to 2 years – 7.75%
Interest on FD from 2 years to 3 to 2 years 6 months – 7.25 percent
Interest on FD from 2 years 6 months to 2 years 7 months – 7.25 percent
2 years 7 months to 3 years 3 months – 7.25 percent
3 years 3 months to 61 months – 7.25 percent
61 months and above – 7 percent
Interest on tax saving FD from 5 years – 7.25 percent
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