IndusInd Bank Revises FD Rates, Investors Can Get Upto 8.25% Returns

IndusInd Bank has revised the interest rates on fixed deposits (FDs) under ₹2 crore, effective May 27 with rates going up to 8.25%.

What Happened: The new rates range from 3.50% to 7.99% for general citizens with FD tenures from 7 days to 10 years. The highest interest rate of 7.99% is offered on FDs maturing between 15 to 16 months and 30 to 31 months.

For FDs maturing between 7 to 30 days, the interest rate is 3.50% — the lowest rate on the chart. Deposits maturing between 31 to 45 days now offer 3.75%, while those maturing between 46 to 120 days offer 4.75%. For tenures between 121 to 180 days, the rate is 5%.

Deposits maturing between 181 to 210 days will fetch an interest rate of 5.85%, and those between 211 to 269 days will earn 6.10%. FDs maturing between 270 to 354 days offer 6.35%, while those between 355 to 364 days provide 6.50%. For maturities of 12 months to less than 15 months, the rate is 7.75%.

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For FDs maturing more than two years and less than 61 months, the interest rate is 7.25%, and for those maturing in over 61 months, it is 7%. The Indus Tax Saver Scheme of five years also offers 7.25% for regular citizens.

Senior citizens receive an additional 0.50% over standard rates for deposits below ₹2 crore, with interest rates ranging from 4% to 8.25% for tenures between 7 days to 10 years.

Here’s a complete breakdown of FD rates for both general and senior citizens:

TenureGeneral Citizens (%)Senior Citizens (%)
7 days to 14 days3.504.00
15 days to 30 days3.504.00
31 days to 45 days3.754.25
46 days to 60 days4.755.25
61 days to 90 days4.755.25
91 days to 120 days4.755.25
121 days to 180 days5.005.50
181 days to 210 days5.856.35
211 days to 269 days6.106.60
270 days to 354 days6.356.85
355 days to 364 days6.507.00
1 year to below 1 year 3 months7.758.25
15 months to below 1 year 4 months7.998.25
1 year 4 months to below 1 year 6 months7.758.25
1 year 6 months up to 2 years7.758.25
More than 2 years to below 30 months7.257.75
30 months to below 2 years 7 months7.998.25
2 years 7 months to 3 years 3 months7.257.75
3 years 3 months to below 61 months7.257.75
61 months and above7.007.50
Indus Tax Saver Scheme (5 years)7.257.75

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