IndusInd Bank Revises Interest Rates On FD, Check New Rates Here

The private sector lender IndusInd Bank revised its fixed deposit interest rates, which are in effect from June 4, 2021. The bank now provides 2.75 per cent to 6.50 per cent on deposits maturing in 7 days to 61 months or more, after the most recent modification. IndusInd Bank pays 2.75 per cent on deposits maturing in 7 to 30 days, 3.00 per cent on deposits maturing in 31 to 45 days, and 3.50 per cent on deposits maturing in 46 to 60 days. FDs maturing in 61 to 90 days will earn 3.75 per cent, 91 to 120 days will earn 4.00 per cent, and 121 to 180 days will earn 4.50 per cent. On maturity between 181 and 210 days and 211 days to 269 days, IndusInd Bank offers a 5% and 5.25% interest rate.

For deposits maturing in 270 days to 364 days, the bank is now giving an interest rate of 5.50%. 6.00 per cent interest is paid on FDs with maturities ranging from one to two years. Deposits maturing in two years to less than three years now pay 6.50 per cent interest. The interest rate on the IndusInd tax saving scheme is 6.00%. Senior folks can benefit from IndusInd Bank's higher interest rates. Senior folks receive a 0.50 per cent higher interest rate from the bank. For elderly folks, the current IndusInd Bank FD rates vary from 3.25 per cent to 7.00 per cent.

IndusInd Bank FD Rates (Below Rs 2 Cr)

Check revised interest rates on fixed deposit of IndusInd Bank here:

Tenure	Regular FD Rates In %	Senior Citizen FD Rates In %
7 days to 14 days	2.75	3.25
15 days to 30 days	2.75	3.25
31 days to 45 days	3.00	3.50
46 days to 60 days	3.50	4.00
61 days to 90 days	3.75	4.25
91 days to 120 days	4.00	4.50
121 days to 180 days	4.50	5.00
181 days to 210 days	5.00	5.50
211 days to 269 days	5.25	5.75
270 days or 354 days	5.50	6.00
355 days or 364 days	5.50	6.00
1 Year to below 1 Year 6 Months	6.00	6.50
1 Year 6 Months to below 1 Year 7 Months	6.00	6.50
1 Year 7 Months to below 2 Years	6.00	6.50
2 years to below 2 years 6 Months	6.50	7.00
2 years 6 Months to below 2 years 9 Months	6.50	7.00
2 years 9 Months to below 3 years	6.50	7.00
3 years to below 61 months	6.00	6.50
61 months and above	6.00	6.50
Indus Tax Saver Scheme (5 years)	6.00	6.50
Source: IndusInd Bank, W.e.f. June 4, 2021

Note

Recently, Bandhan Bank and Yes Bank have also revised interest rates on fixed deposit. For deposits maturing in 7 days to 10 years, the private sector lender Bandhan Bank is giving an interest rate of 3.00% to 5.00% which are in effect from June 7, 2021. Whereas on the other hand, Yes Bank has also revised the interest rate on its term deposits, effective from June 3, 2021. For deposits maturing in 7 days to 10 years, the bank is currently providing an interest rate of 3.25% to 6.50% respectively after the most recent adjustment.