Updated 06 Dec 2023
IndusInd Bank, a private sector bank in India, offers a wide range of financial products to cater to the diverse needs of its customers. One standout product among these offerings is their Fixed Deposits (FDs), which provide interest rates and flexibility. Whether you're an investor seeking an investment option or someone new to banking investments, IndusInd Banks FDs offer a combination of safe, competitive returns and various tenure options.
This blog explores the intricacies of IndusInd Bank's Fixed Deposits, highlighting the features and benefits that set them apart in the financial market.
IndusInd Regular FD
Senior Citizen Fixed Deposit (For Saving Account)
IndusInd Bank Sweep In/Out Scheme
Tax Saver Fixed Deposit
IndusInd Jumbo FD
IndusInd Bank Floating Rate FD
IndusInd Bank NRI FD
A customer can open a fixed deposit with IndusInd Bank, they need to meet the following criteria:
The following documents have to be furnished for opening an IndusInd Bank FD–
Identity proof (any one of the below)
Address proof (any one of the below)
An IndusInd Bank FD account can be opened via different modes such as Mobile App, Internet Banking, and offline.
1) Web Application
Applicable for Non-IndusInd customers as well
2) Indus Mobile
Follow the below-mentioned steps to open an FD account via the IndusInd Bank Mobile App-
3) Indus Net
Select the amount you wish to add to your FD from your savings account.
Using Internet Banking
Using the Mobile App
In-person at a Branch
Telephonic Service: Many banks offer the option to address service needs via phone. Dial the IndusInd Bank helpline and ask for guidance on FD termination procedures.
Is the ₹ 5 lakh DICGC insurance cover applicable separately for every bank?
The deposit insurance scheme of RBI covers all IndusInd Bank deposits of up to ₹ 5,00,000 at the customer level. You can contact IndusInd Bank or visit their website to open an FD account online and earn the best-in-class interest rate.
How safe are IndusInd Bank’s Online Fixed Deposits?
With AA+ Crisil and ICRA rating, IndusInd bank is one of the safest banks for opening fixed deposits.
What is the minimum and maximum tenure and amount?
If you are an existing IndusInd Bank customer, you can book a fixed deposit from a minimum of ₹ 10,000 to maximum ₹ 10 Lakhs. The new customers can book fixed deposits for amounts ranging from ₹ 10,000 to ₹ 90,000 only. The minimum tenure for booking a fixed deposit is 6 months and the maximum tenure is 10 years.
How will I receive my interest/maturity?
The interest accrued on the online fixed deposit will be directly credited to existing customers' linked IndusInd savings account. However, if you don’t have a savings account with IndusInd Bank, the amount accrued, post maturity will be transferred to you via a demand draft in your name.
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