IndusInd Bank
21-Oct-24 Domes c /NRO/ NRE Fixed Deposit Rates (all in %) - Callable
Interest Interest Interest Rate Interest Rate Interest Rate Interest Rate Interest Rate Interest Rate Interest Rate Interest Rate
Rate Rate above above above above above above above above above Interest Rate
From To
5 Crs to 5.50 Crs to 5.75 Crs to 10.00 Crs to 15.00 Crs to 25.50 Crs to 25.75 Crs to 45 45.00 Crs to 49 49.00 Crs to 75.00 Crs to 100 above
5.50 Cr 5.75 Crs 10.00 Cr 15.00 Cr 25.50 Crs 25.75 Crs Crs Crs 75 Crs Crs 100 Cr
(% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.) (% p.a.)
Callable Callable Callable Callable Callable Callable Callable Callable Callable Callable Callable
7 days 14 days 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
15 days 30 days 6.15 6.00 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15 6.15
31 days 45 days 6.35 6.25 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35 6.35
46 days 60 days 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50
61 days 90 days 6.80 6.50 6.80 6.80 6.80 6.80 6.80 6.80 6.80 6.80 6.80
91 days 120 days 7.00 6.50 7.00 7.10 7.10 7.10 7.10 7.10 7.10 7.10 7.10
121 days 150 days 7.15 6.50 7.15 7.25 7.25 7.25 7.25 7.25 7.25 7.25 7.25
151 days 180 days 7.25 6.50 7.25 7.35 7.35 7.35 7.35 7.35 7.35 7.35 7.35
181 days 210 days 7.30 6.50 7.30 7.40 7.40 7.40 7.40 7.40 7.40 7.40 7.40
211 days 240 days 7.35 6.50 7.35 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
241 days 269 days 7.40 6.50 7.40 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
270 days 330 days 7.45 6.50 7.45 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
331 days 343 days 7.50 6.50 7.50 7.65 7.65 7.65 7.65 7.65 7.65 7.65 7.65
344 days 354 days 7.55 6.50 7.55 7.65 7.65 7.65 7.65 7.65 7.65 7.65 7.65
355 days 364 days 7.60 6.50 7.60 7.65 7.65 7.65 7.65 7.65 7.65 7.65 7.65
365 days Below 1 Year 3 Months 7.75 6.50 7.75 7.85 7.85 7.85 7.85 7.85 7.85 7.85 7.85
1 Year 3 Month Below 1 Year 4 Months 7.70 6.75 7.70 7.70 7.70 7.70 7.70 7.70 7.70 7.70 7.70
1 Year 4 Months Below 1 Year 6 Months 7.70 6.75 7.70 7.70 7.70 7.70 7.70 7.70 7.70 7.70 7.70
1 Year 6 Months upto 2 Yr 7.50 6.75 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
Above 2 Year Below 2 Yr 6 Months 7.50 6.75 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
2 Year 6 Months Below 2 Yr 7 Months 7.50 6.75 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
2 Year 7 Months 3 Yr 3 Months 7.40 6.75 7.40 7.40 7.40 7.40 7.40 7.40 7.40 7.40 7.40
Above 3 yrs 3 Months Below 61 Months 7.25 6.75 7.25 7.25 7.25 7.25 7.25 7.25 7.25 7.25 7.25
61 months and above Upto 10 Yrs 7.00 6.75 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00
· Above rates are applicable for mentioned dates only and are subject to change without prior notice. Depositor shall ascertain the rates at the time of placement of FD.
· Acceptance of deposits of Rs. 2 cr. and above is at the discretion of the Bank
· Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws.
· Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.
· Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
· For tenure below 181 days interest rate will be calculated as simple interest
· In the event of premature withdrawal before the specified tenure, the offered interest rate applicable will be the interest rate corresponding to the amount based slab
(withdrawn amount) and basis the actual run period (tenure). Additionally, penal interest of 1% shall be levied on the premature withdrawal, if applicable.
Further, the interest rate on the remainder amount may change based on the rate corresponding to the amount slab set on the date of placement / booking.
· Above mentioned rates are not applicable for Call/Notice/Term Money market participants (both as lenders and borrowers). Kindly contact nearest branch/RM for rates and guidance
· For terms & conditions and any other details, please contact your nearest IndusInd Bank Branch.