Indusland Bank offers maximum interest rate of 7.15% for senior citizens and 7.65% for general people for domestic deposit amount of more than Rs. 15 lakh (maximum 1 Crore), and the maturity period for the same is 2 years 6 months to less than 2 years 9 months.

However, upon going for domestic deposit amount less than 15 lakh, the maximum interest rate is 7.15% for general, and 7.65% for senior citizens.

If you go for Tax Saver Fixed deposit of the amount Rs. 1 lakh per financial year, then the interest rate would be 6.75%, and the scheme remains for 5 years period.

For NRO Fixed deposit of amount more than 15 lakh to Rs. 1 crore, the maximum interest rate remains 7.15% at the maturity period of 1 year to less than 1 year 2 months.

For NRO Fixed deposit of amount less than Rs. 15 lakhs, the maximum interest rate is also 7.15% at the maturity period of 1 year to less than 1 year 2 months.

IndusInd Bank FD Interest Rates

Upon going with NRE Fixed deposit for amount less than Rs. 1 crore, the maximum interest rate remains 7.15%, and the maturity period is 1 years to less than 1 year 2 months. You can go through the official website for complete detail. Below rates are effective from 16 January, 2017.

Fixed Deposit Interest rates for Indusind Bank 2017 (Domestic/NRO accounts):

Time PeriodInterest Rates (For Amount Below 15 lacs) Interest Rates (For Amount 15 Lacs-1 Crore)
7 Days to 14 Days3.50%4.00%
15 Days to 30 Days4.50%5.00%
31 Days to 45 Days5.50%5.50%
46 Days to 60 Days6.00%6.00%
61 Days to 120 Days6.25%6.25%
121 Days to 180 Days6.50%6.50%
181 Days to 270 Days6.50%6.50%
271 Days to 1 Year6.75%6.75%
1 Year7.15%7.15%
1 Year to 2 Years7.15%6.75%
2 Years to 3 Years6.75%6.75%
3 Years to 5 Years6.75%6.75%
5 Years to 10 Years6.75%6.75%
Above 10 Years6.75%6.75%

IndusInd NRE Fixed Deposit rates 2017 (Below 1 crore):

 Maturity PeriodInterest rate

(% p.a.)

 1 Year to 2 Years7.15%
 2 Years to 3 Years6.75%
 3 Years to 5 Years6.75%
 Above 5 Years6.75%

Table updated: 5 February, 2017

Calculate maturity value now

Important notes:

  • Additional .50 interest is applicable for senior citizens for amount below 5 crore ( Not applicable for NRE deposits).
  • 1% penalty will be charged for premature closing accounts.
  • No interest will be paid for closing account before 1 year in case of NRE deposits.

Check out more details from official bank website @http://www.indusind.com/content/home/footer/rates.html

1 Comment

  1. Sir , i want to activate a fd with Rs 1000000/ for 5 year . Can you give me the full detail regarding same . like interest rate / maturity value after 5 year etc .

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