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Submission: On October 28 via manual from CO — Scanned from DE
Effective URL: https://www.indusind.com/in/en/personal/rates.html
Submission: On October 28 via manual from CO — Scanned from DE
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START TYPING... PLEASE ENTER DATA... CHECK OUT OUR MOST POPULAR SEARCHES CREDIT CARD SAVING ACCOUNT FIXED DEPOSIT NEXXT CREDIT CARD SFlexible options to pay through EMI, Reward points or Credit. DUO CARD This first-of-its-kind card in India brings together a variety of benefits that treat you to the very best of a Credit and Debit Card. 45 * PERSONAL * PIONEER PRIVATE * PIONEER * NRI * BUSINESS * CORPORATE * INDUS PAYWEAR 18602677777 Quick Links * Blogs * Calculators * FAQs * V-KYC * RE-KYC * Debit Card Related * Credit Card Related * CASA Welcome Kit * Manage Mandate(s) * Get Mini Statement * Refer A Friend Vehicle Auction * Indus EasyWheels * Register Now * Login * Blogs * View all Live Auctions * View all Vehicles * View all Two-Wheelers * View All Cars * FAQs Login * PERSONAL * NETBANKING Login Register * NON RESIDENT * NETBANKING Login Register * BUSINESS * Login * CORPORATE * Login * SCF * Login * CARDS * CREDIT CARD Login Register * FOREX CARD Login Register * REMIT MONEY * IndusFast Remit * OTHER * Indus Collect Indus Speed Remit * E-Trading Kotak FASTag * * A- A A+ A A * Accounts & Deposits * Accounts Savings Account Up to 6.75% p.a. Zero Balance Savings Account Corporate Salary Account Uniformed Personnel Account Current Account Deposits Fixed Deposit Up to 7.75% p.a. Recurring Deposit Senior Citizen FD Up to 8.25% p.a. Auto Sweep FD Locker Safe Deposit Locker QUICK LINKS * SA Interest Rates * FD Calculator * FD Interest Rates * Open a Savings Account * Open a Fixed Deposit * CASA Welcome Kit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Cards * Debit Card Duo Card Corporate Cards Business Cards Forex Card Prepaid Card E-Mandate on Debit Card IndusInd Bank Credit Cards Platinum RuPay Credit Card Legend Credit Card EazyDiner Credit Card Pinnacle Credit Card Nexxt Credit Card Tiger Credit Card Samman Credit Card Platinum Aura Edge Credit Card Platinum Visa Credit Card Avios Visa Infinite Credit Card EazyDiner Platinum Credit Card QUICK LINKS * IndusInd Bank Offers * Check Credit Card Rewards * Apply for a Credit Card * Apply for a Rupay Credit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Loans * Personal Loan Business Loan Vehicle Loans New Car Loan Used Car Loan Two Wheeler Loan Affordable Home Loans Gold Loan Loan against Property Loan against Securities Loan On Credit Card Agri Loan Professional Loan to Doctors Medical Equipment Loan Home Loan Inclusive Banking QUICK LINKS * Personal Loan EMI Calculator * Apply for a Personal Loan * Apply for Business Loan Celebrate Big with Instant Personal Loan! Enjoy discounted 1.5% processing fee this festive season Apply Now * Apply Online * Accounts & Deposits Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. Current Account Cards & Loan Credit Cards Forex Card Personal Loan Business Loan Affordable Home Loans Vehicle Loans MSME Loans FASTag Mutual Funds Send Money Abroad Govt. Social Security Schemes Insurance - IndiQwik Set up E-Mandate Udyam Registration QUICK LINKS * V-KYC * Re-KYC * Debit Card Related * Credit Card Related * Get Mini Statement * Refer A Friend Enjoy 100% Digital Process & Instant Approval Choose from a range of lifetime-free credit cards Apply Now * Digital Banking * Digital Platforms IndusMobile INDIE IndusNet Whatsapp Banking IndusInd Bank Video Branch Indus Forex Online Portal Samsung Wallet Setup E-Mandate Google Pay Quick Pay Bharat QR UPI BHIM IndusPay Indus Paywear Debit Card EMI UPI on IndusMobile FASTag IndusAssist - Voice Banking on Alexa IndusAssist - Virtual Assistant on Chat Make Payments Credit Card Bill Payment Click Pay Send Money Abroad Loan Repayment Pay Insurance Premium Digital Rupee (e₹) Bill Payment E-Mandate NEFT/RTGS Tax Payment An Unparalleled Banking Experience Awaits You! INDIE by IndusInd Bank Scan the QR to download * % Rates & Offers * Interest Rates Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. FD for Sr. Citizen Up to 8.25% p.a. Offers IndusInd Bank Offers Credit Card Rewards Forex Card QUICK LINKS * Open a Savings Account * Open a Fixed Deposit Guaranteed Growth, No Risk Attached Enjoy fixed deposit returns of up to 7.75% p.a. Apply Now * Investments & Insurance * Foreign Exchange Forex Card Inward Remittances Outward Remittances IndusForex Portal FX Retail Wealth & Insurance Mutual Funds New Sovereign Gold Bonds Alternate Products Government Securities National Pension System ASBA Insurance for Me & My Family Insurance for Business QUICK LINKS * Goal Calculator * SIP Calculator * Retirement Calculator Grow Your Wealth with SIP or Lumpsum Investments Enjoy 0 account opening charges & 100% digital process. Start Investing * Accounts * Savings Account Up to 6.75% p.a. Zero Balance Savings Account Corporate Salary Account Uniformed Personnel Account Current Account * Quick Links * SA Interest Rates * Open a Savings Account * CASA Welcome Kit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Deposits * Fixed Deposit Up to 7.75% p.a. Recurring Deposit Senior Citizen FD Up to 8.25% p.a. Auto Sweep FD Safe Deposit Locker * Quick Links * FD Calculator * FD Interest Rates * Open a Fixed Deposit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Credit Cards * IndusInd Bank Credit Cards Platinum RuPay Credit Card Lifetime Free Legend Credit Card Lifetime Free EazyDiner Credit Card Premium Platinum Aura Edge Credit Card Lifetime Free Platinum Visa Credit Card Lifetime Free Pinnacle Credit Card Premium Nexxt Credit Card Premium Tiger Credit Card Lifetime Free Samman Credit Card Premium EazyDiner Platinum Credit Card Lifetime Free Avios Visa Infinite Credit Card Super Premium * Quick Links * IndusInd Bank Offers * Check Credit Card Rewards * Apply for a Credit Card * Apply for a Rupay Credit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Other Cards * Debit Card Duo Card Corporate Cards Business Cards Forex Card Prepaid Card E-Mandate on Debit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Loans * Personal Loan Business Loan Vehicle Loans New Car Loan Used Car Loan Two Wheeler Loan Affordable Home Loans Gold Loan Loan against Property Loan against Securities Loan On Credit Card Agri Loan Professional Loan to Doctors Medical Equipment Loan Home Loan * Quick Links * Personal Loan EMI Calculator * Apply for a Personal Loan * Apply for Business Loan Celebrate Big with Instant Personal Loan! Enjoy discounted 1.5% processing fee this festive season Apply Now * Apply Online * Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. Current Account Credit Cards Forex Card Personal Loan Business Loan Affordable Home Loans Vehicle Loans MSME Loans FASTag Mutual Funds Send Money Abroad Govt. Social Security Schemes Insurance - IndiQwik Set up E-Mandate Udyam Registration * Quick Links * V-KYC * Re-KYC * Debit Card Related * Credit Card Related * Get Mini Statement * Refer A Friend Enjoy 100% Digital Process & Instant Approval Choose from a range of lifetime-free credit cards Apply Now * Digital Banking * IndusMobile INDIE IndusNet Whatsapp Banking IndusInd Bank Video Branch IndusForex Online Portal Samsung Wallet Setup E-Mandate Google Pay Quick Pay Bharat QR UPI BHIM IndusPay Indus Paywear Debit Card EMI UPI on IndusMobile FASTag IndusAssist - Voice Banking on Alexa IndusAssist - Virtual Assistant on Chat An Unparalleled Banking Experience Awaits You! INDIE by IndusInd Bank Scan the QR to download * Make Payment * Credit Card Bill Payment Click Pay Send Money Abroad Loan Repayment Pay Insurance Premium Digital Rupee (e₹) Bill Payment E-Mandate NEFT/RTGS Tax Payment * Offers * IndusInd Bank Offers Credit Card Rewards Forex Card Guaranteed Growth, No Risk Attached Enjoy fixed deposit returns of up to 7.75% p.a. Apply Now * Investments & Insurance * Wealth & Insurance Mutual Funds New Sovereign Gold Bonds Alternate Products Government Securities National Pension System ASBA Insurance for Me & My Family Insurance for Business Forex Card Inward Remittances Outward Remittances IndusForex Portal FX Retail * Quick Links * Goal Calculator * SIP Calculator * Retirement Calculator Grow Your Wealth with SIP or Lumpsum Investments Enjoy 0 account opening charges & 100% digital process. Start Investing * Quick Links * Blogs Calculators FAQs * Vehicle Auction * Indus EasyWheels Register Now Login Blogs View all Live Auctions View all Vehicles View all Two-Wheelers View All Cars FAQs Partner Services * Inclusive Banking * Range of Solutions Rates * Savings Account (Up to) 6.75%* * Fixed Deposit (Up to)7.75%* * Fixed Deposit Sr. Citizen8.25%* * PERSONAL * PIONEER PRIVATE * PIONEER * NRI * BUSINESS * CORPORATE * INDUS PAYWEAR 18602677777 * Login * PERSONAL * NETBANKING Login Register * NON RESIDENT * NETBANKING Login Register * BUSINESS * Login * CORPORATE * Login * SCF * Login * CARDS * CREDIT CARD Login Register * FOREX CARD Login Register * REMIT MONEY * IndusFast Remit * OTHER * Indus Collect Indus Speed Remit * E-Trading Kotak FASTag Quick Links * Blogs * Calculators * FAQs * V-KYC * RE-KYC * Debit Card Related * Credit Card Related * CASA Welcome Kit * Manage Mandate(s) * Get Mini Statement * Refer A Friend Vehicle Auction * Indus EasyWheels * Register Now * Login * Blogs * View all Live Auctions * View all Vehicles * View all Two-Wheelers * View All Cars * FAQs * Accounts & Deposits * Accounts Savings Account Up to 6.75% p.a. Zero Balance Savings Account Corporate Salary Account Uniformed Personnel Account Current Account Deposits Fixed Deposit Up to 7.75% p.a. Recurring Deposit Senior Citizen FD Up to 8.25% p.a. Auto Sweep FD Locker Safe Deposit Locker QUICK LINKS * SA Interest Rates * FD Calculator * FD Interest Rates * Open a Savings Account * Open a Fixed Deposit * CASA Welcome Kit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Cards * Debit Card Duo Card Corporate Cards Business Cards Forex Card Prepaid Card E-Mandate on Debit Card IndusInd Bank Credit Cards Platinum RuPay Credit Card Legend Credit Card EazyDiner Credit Card Pinnacle Credit Card Nexxt Credit Card Tiger Credit Card Samman Credit Card Platinum Aura Edge Credit Card Platinum Visa Credit Card Avios Visa Infinite Credit Card EazyDiner Platinum Credit Card QUICK LINKS * IndusInd Bank Offers * Check Credit Card Rewards * Apply for a Credit Card * Apply for a Rupay Credit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Loans * Personal Loan Business Loan Vehicle Loans New Car Loan Used Car Loan Two Wheeler Loan Affordable Home Loans Gold Loan Loan against Property Loan against Securities Loan On Credit Card Agri Loan Professional Loan to Doctors Medical Equipment Loan Home Loan Inclusive Banking QUICK LINKS * Personal Loan EMI Calculator * Apply for a Personal Loan * Apply for Business Loan Celebrate Big with Instant Personal Loan! Enjoy discounted 1.5% processing fee this festive season Apply Now * Apply Online * Accounts & Deposits Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. Current Account Cards & Loan Credit Cards Forex Card Personal Loan Business Loan Affordable Home Loans Vehicle Loans MSME Loans FASTag Mutual Funds Send Money Abroad Govt. Social Security Schemes Insurance - IndiQwik Set up E-Mandate Udyam Registration QUICK LINKS * V-KYC * Re-KYC * Debit Card Related * Credit Card Related * Get Mini Statement * Refer A Friend Enjoy 100% Digital Process & Instant Approval Choose from a range of lifetime-free credit cards Apply Now * Digital Banking * Digital Platforms IndusMobile INDIE IndusNet Whatsapp Banking IndusInd Bank Video Branch Indus Forex Online Portal Samsung Wallet Setup E-Mandate Google Pay Quick Pay Bharat QR UPI BHIM IndusPay Indus Paywear Debit Card EMI UPI on IndusMobile FASTag IndusAssist - Voice Banking on Alexa IndusAssist - Virtual Assistant on Chat Make Payments Credit Card Bill Payment Click Pay Send Money Abroad Loan Repayment Pay Insurance Premium Digital Rupee (e₹) Bill Payment E-Mandate NEFT/RTGS Tax Payment An Unparalleled Banking Experience Awaits You! INDIE by IndusInd Bank Scan the QR to download * % Rates & Offers * Interest Rates Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. FD for Sr. Citizen Up to 8.25% p.a. Offers IndusInd Bank Offers Credit Card Rewards Forex Card QUICK LINKS * Open a Savings Account * Open a Fixed Deposit Guaranteed Growth, No Risk Attached Enjoy fixed deposit returns of up to 7.75% p.a. Apply Now * Investments & Insurance * Foreign Exchange Forex Card Inward Remittances Outward Remittances IndusForex Portal FX Retail Wealth & Insurance Mutual Funds New Sovereign Gold Bonds Alternate Products Government Securities National Pension System ASBA Insurance for Me & My Family Insurance for Business QUICK LINKS * Goal Calculator * SIP Calculator * Retirement Calculator Grow Your Wealth with SIP or Lumpsum Investments Enjoy 0 account opening charges & 100% digital process. Start Investing * Accounts * Savings Account Up to 6.75% p.a. Zero Balance Savings Account Corporate Salary Account Uniformed Personnel Account Current Account * Quick Links * SA Interest Rates * Open a Savings Account * CASA Welcome Kit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Deposits * Fixed Deposit Up to 7.75% p.a. Recurring Deposit Senior Citizen FD Up to 8.25% p.a. Auto Sweep FD Safe Deposit Locker * Quick Links * FD Calculator * FD Interest Rates * Open a Fixed Deposit Save Today, Enjoy More Tomorrow Earn high interest up to 6.75% p.a. on savings Apply Now * Credit Cards * IndusInd Bank Credit Cards Platinum RuPay Credit Card Lifetime Free Legend Credit Card Lifetime Free EazyDiner Credit Card Premium Platinum Aura Edge Credit Card Lifetime Free Platinum Visa Credit Card Lifetime Free Pinnacle Credit Card Premium Nexxt Credit Card Premium Tiger Credit Card Lifetime Free Samman Credit Card Premium EazyDiner Platinum Credit Card Lifetime Free Avios Visa Infinite Credit Card Super Premium * Quick Links * IndusInd Bank Offers * Check Credit Card Rewards * Apply for a Credit Card * Apply for a Rupay Credit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Other Cards * Debit Card Duo Card Corporate Cards Business Cards Forex Card Prepaid Card E-Mandate on Debit Card Get Lifetime-Free Platinum RuPay Credit Card Unlock 2X rewards on UPI payments this festive season Apply Now * Loans * Personal Loan Business Loan Vehicle Loans New Car Loan Used Car Loan Two Wheeler Loan Affordable Home Loans Gold Loan Loan against Property Loan against Securities Loan On Credit Card Agri Loan Professional Loan to Doctors Medical Equipment Loan Home Loan * Quick Links * Personal Loan EMI Calculator * Apply for a Personal Loan * Apply for Business Loan Celebrate Big with Instant Personal Loan! Enjoy discounted 1.5% processing fee this festive season Apply Now * Apply Online * Savings Account Up to 6.75% p.a. Fixed Deposit Up to 7.75% p.a. Current Account Credit Cards Forex Card Personal Loan Business Loan Affordable Home Loans Vehicle Loans MSME Loans FASTag Mutual Funds Send Money Abroad Govt. Social Security Schemes Insurance - IndiQwik Set up E-Mandate Udyam Registration * Quick Links * V-KYC * Re-KYC * Debit Card Related * Credit Card Related * Get Mini Statement * Refer A Friend Enjoy 100% Digital Process & Instant Approval Choose from a range of lifetime-free credit cards Apply Now * Digital Banking * IndusMobile INDIE IndusNet Whatsapp Banking IndusInd Bank Video Branch IndusForex Online Portal Samsung Wallet Setup E-Mandate Google Pay Quick Pay Bharat QR UPI BHIM IndusPay Indus Paywear Debit Card EMI UPI on IndusMobile FASTag IndusAssist - Voice Banking on Alexa IndusAssist - Virtual Assistant on Chat An Unparalleled Banking Experience Awaits You! INDIE by IndusInd Bank Scan the QR to download * Make Payment * Credit Card Bill Payment Click Pay Send Money Abroad Loan Repayment Pay Insurance Premium Digital Rupee (e₹) Bill Payment E-Mandate NEFT/RTGS Tax Payment * Offers * IndusInd Bank Offers Credit Card Rewards Forex Card Guaranteed Growth, No Risk Attached Enjoy fixed deposit returns of up to 7.75% p.a. Apply Now * Investments & Insurance * Wealth & Insurance Mutual Funds New Sovereign Gold Bonds Alternate Products Government Securities National Pension System ASBA Insurance for Me & My Family Insurance for Business Forex Card Inward Remittances Outward Remittances IndusForex Portal FX Retail * Quick Links * Goal Calculator * SIP Calculator * Retirement Calculator Grow Your Wealth with SIP or Lumpsum Investments Enjoy 0 account opening charges & 100% digital process. Start Investing * Quick Links * Blogs Calculators FAQs * Vehicle Auction * Indus EasyWheels Register Now Login Blogs View all Live Auctions View all Vehicles View all Two-Wheelers View All Cars FAQs Partner Services * Inclusive Banking * Range of Solutions Rates * Savings Account (Up to) 6.75%* * Fixed Deposit (Up to)7.75%* * Fixed Deposit Sr. Citizen8.25%* INTEREST RATES * Exciting returns on your funds 1. Personal 2. Rates: Fixed Deposit | Savings Account | Recurring Deposit - IndusInd Bank * Term Deposit * Savings Bank Account Interest Rate * MCLR Rate * FX Rates * Vehicle Loans Interest Rates * Personal Loan Interest Rates & Charges * Personal Loan on Credit Card Interest Rates & Charges (Please clear browser history/cookies to access the latest effective interest rates.) PREMATURE WITHDRAWAL ALLOWED FIXED DEPOSIT INTEREST RATE LESS THAN 3 CRS DOMESTIC /NRO/ NRE/SENIOR CITIZEN FIXED DEPOSIT RATES (ALL IN %) W.E.F. 7TH OCTOBER 2024 Apply Now < 3 Cr* DOMESTIC(RESIDENT) NRE/NRO deposits < 3 Cr* (Senior Citizen) Not applicable for NRE/NRO deposits Tenure Rate Rate 7 days to 14 days 3.50 4.00 15 days to 30 days 3.50 4.00 31 days to 45 days 3.75 4.25 46 days to 60 days 4.75 5.25 61 days to 90 days 4.75 5.25 91 days to 120 days 4.75 5.25 121 days to 180 days 5.00 5.50 181 days to 210 days 5.85 6.35 211 days to 269 days 6.10 6.60 270 days to 354 days 6.35 6.85 355 days to 364 days 6.50 7.00 1 Year to below 1 Year 3 months 7.75 8.25 1 Year 3 months (15 months) to below 1 Year 4 months (16 months) 7.75 8.25 1 Year 4 months to below 1 Year 6 months 7.75 8.25 1 Year 6 Months up to 2 Years 7.75 8.25 Above 2 Years to below 2 Years 6 Month 7.25 7.75 2 years 6 Months (30 months) to below 2 years 7 months (31 months) 7.25 7.75 2 year 7 months to 3 years 3 months 7.25 7.75 Above 3 years 3 months to below 61 month 7.25 7.75 61 month and above 7.00 7.50 Indus Tax Saver Scheme (5 years) 7.25 7.75 *Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days. To Open a Fixed Deposit online Click Here Please Note * * Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%. * 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 * NRE deposit rates are applicable only for Tenure 1 year onwards. No Interest will be paid out for NRE FDs if closed before 1 Year of completion. Senior Citizens - Additional interest rate on Domestic Term Deposits *Please note the additional 0.50% over and above card rates are applicable for Term Deposits of Senior Citizens (age 60 years and above) for value below Rs. 3 Cr (Callable) (Not applicable for NRO/NRE Deposits) Method of calculation of interest: * Fixed Deposits – * Interest on Fixed Deposit can be paid for a period of less than a quarter (monthly interest payout) at the discounted interest rates as per regulatory directives. * In case of High Value Deposit (> 5 crore), the interest rate offered for the particular deposit is only valid for that day for the deposit and only for the particular tenure. * 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. PREMATURE WITHDRAWAL ALLOWED FIXED DEPOSIT INTEREST RATE 3 CRS TO LESS THAN 5 CRS DOMESTIC /NRO/ NRE FIXED DEPOSIT RATES (ALL IN %) W.E.F. 6TH FEBRUARY 2024 3 crore to less than 5 crores (Domestic /NRO/NRE deposits) - Premature Withdrawal Allowed* Senior Citizen Rate 3 crore to less than 5 crores (Not applicable for NRE/NRO deposits) - Premature Withdrawal Allowed* Tenure Rate Rate 7 days to 14 days 4.90 5.50 15 days to 30 days 5.00 5.60 31 days to 45 days 5.50 6.10 46 days to 60 days 6.00 6.60 61 days to 90 days 6.35 6.95 91 days to 120 days 6.85 7.45 121 days to 180 days 7.00 7.60 181 days to 210 days 7.00 7.60 211 days to 269 days 7.10 7.70 270 days to 354 days 7.20 7.80 355 days to 364 days 7.25 7.85 1 Year to below 1 Year 6 Months 7.65 8.25 1 Year 6 Months to below 1 Year 7 Months 7.65 8.25 1 Year 7 Months upto 2 Years 7.65 8.25 Above 2 Years up to 2 Years 1 Month 7.20 7.80 Above 2 years 1 month to below 2 years 6 Months 7.20 7.80 2 years 6 Months to below 2 years 9 Months 7.20 7.80 2 years 9 Months upto 3 years 3 months 7.20 7.80 Above 3 years 3 month to below 61 month 7.10 7.70 61 month and above 7.00 7.60 Indus Tax Saver Scheme (5 years) NA NA * Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days. To Open a Fixed Deposit online Click Here Please Note * Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%. * 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 * NRE deposit rates are applicable only for Tenure 1 year onwards. No Interest will be paid out for NRE FDs if closed before 1 Year of completion. * High Value / Bulk Deposit of value 3 Crs & above shall be accepted at the sole discretion of the Bank Senior Citizens - Additional interest rate on Domestic Term Deposits * Please note the additional 0.60% over and above card rates applicable for Term Deposits of Senior Citizens (age 60 years and above) for value between Rs 3-5 Cr (Callable) (Not applicable for NRO/NRE Deposits). Method of calculation of interest: * Fixed Deposits – * Interest on Fixed Deposit can be paid for a period of less than a quarter (monthly interest payout) at the discounted interest rates as per regulatory directives. * In case of High Value Deposit (> 5 crore), the interest rate offered for the particular deposit is only valid for that day for the deposit and only for the particular tenure. * 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. PREMATURE WITHDRAWAL NOT ALLOWED FIXED DEPOSIT INTEREST RATE ABOVE 1 CR TO LESS THAN 5 CRS DOMESTIC /NRO/ NRE FIXED DEPOSIT RATES (ALL IN %) W.E.F. 6TH FEBRUARY 2024 Above 1 crore to less than 5 crores (Domestic /NRO/NRE deposits) - Premature Withdrawal Not Allowed*** Senior Citizen Rate Above 1 crore to less than 5 crores (Not applicable for NRE/NRO deposits) - Premature Withdrawal Not Allowed*** Tenure Rate Rate 7 days to 14 days 4.90 5.40 15 days to 30 days 5.00 5.50 31 days to 45 days 5.60 6.10 46 days to 60 days 6.00 6.50 61 days to 90 days 6.50 7.00 91 days to 120 days 7.00 7.50 121 days to 180 days 7.10 7.60 181 days to 210 days 7.25 7.75 211 days to 269 days 7.35 7.85 270 days to 354 days 7.45 7.95 355 days to 364 days 7.50 8.00 1 Year to below 1 Year 6 Months 7.75 8.25 1 Year 6 Months to below 1 Year 7 Months 7.75 8.25 1 Year 7 Months upto 2 Years 7.75 8.25 Above 2 Years up to 2 Years 1 Month 7.30 7.80 Above 2 years 1 month to below 2 years 6 Months 7.30 7.80 2 years 6 Months to below 2 years 9 Months 7.30 7.80 2 years 9 Months upto 3 years 3 months 7.30 7.80 Above 3 years 3 month to below 61 month 7.20 7.70 61 month and above 7.10 7.60 Indus Tax Saver Scheme (5 years) NA NA *Interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days. To Open a Fixed Deposit online Click Here Please Note ***Premature withdrawal is not allowed on Non-Callable FDs (FDs where Premature Withdrawal is Not Allowed) for value greater than 1 cr. Non-Callable FDs are allowed only for Individual and Non-Individuals. * Income more than tax exempted limits earned through interest on FD is tax deductible. In the absence of PAN card, TDS will be deducted at 20%. * 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 * NRE deposit rates are applicable only for Tenure 1 year onwards. No Interest will be paid out for NRE FDs if closed before 1 Year of completion. * High Value / Bulk Deposit of value 2 Crs & above shall be accepted at the sole discretion of the Bank Senior Citizens - Additional interest rate on Domestic Term Deposits * Please note the additional 0.50% over and above card rates applicable for Term Deposits of Senior Citizens (age 60 years and above) for value Above Rs 1 upto 5 Cr (Non-Callable) (Not applicable for NRO/NRE Deposits). Method of calculation of interest: * Fixed Deposits – * Interest on Fixed Deposit can be paid for a period of less than a quarter (monthly interest payout) at the discounted interest rates as per regulatory directives. * In case of High Value Deposit (> 5 crore), the interest rate offered for the particular deposit is only valid for that day for the deposit and only for the particular tenure. * 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). RECURRING DEPOSITS RATES RECURRING DEPOSITS RATES W.E.F. 3RD JULY 2024 Tenure Interest Rates p.a. (%) Senior Citizen Rates p.a.(%) 09 Months 6.35 6.85 12 Months 7.75 8.25 15 Months 7.75 8.25 18 Months 7.75 8.25 21 Months 7.75 8.25 24 Months 7.75 8.25 27 Months 7.25 7.75 30 Months 7.25 7.75 33 Months 7.25 7.75 36 Months 7.25 7.75 39 Months 7.25 7.75 3 years to below 61 month 7.25 7.75 61 month and above 7.00 7.50 * Tenor of RD is in multiples of month and corresponding rate of FD will be applicable. * Minimum Value of RD installment is Rs 500 and thereafter in multiples of 100 * Minimum Tenor for RD is 1 Year. Only BFIL customers are allowed to book RD for tenor less than 1 Year. FCNR / RFC DEPOSITS INTEREST RATE FCNR / RFC* DEPOSITS - W.E.F 16TH OCT 2024 Period / Currency USD < 1 Mio USD 1 Mio < 10 Mio USD 10 Mio < 25 Mio USD 25 Mio & Above GBP EUR JPY CAD AUD 1yr < 2 yrs 6.00 6.05 6.05 6.05 5.65 4.00 - 4.55 5.30 2 yrs< 3 yrs 4.80 4.80 4.80 4.80 5.00 3.20 2.50 3.90 4.60 3 yrs< 4yrs 4.75 4.75 4.75 4.75 4.85 3.20 - 3.90 4.50 4 yrs< 5 yrs 4.75 4.75 4.75 4.75 4.80 3.20 - 3.90 4.50 5 yrs 4.75 4.75 4.75 4.75 4.80 3.20 2.90 3.90 4.50 RFC Deposit Rates are same as that applicable for FCNR deposits. However, the same are available only in USD, GBP & Euro RFC Savings Rate is the rate applicable for 1Yr<2 Yrs on FCNR deposits and is available only in USD, GBP & Euro. For USD <1 Mio rate will apply. In case of pre-mature withdrawal of FCNR (B) deposits, * No interest will be payable if the period the FCNR (B) deposit remains in force is less than 1 year. * If the deposit has remained in force for more than 1 year, interest will be calculated at the rate applicable for the period the Deposit has actually remained with the Bank less 0.25%. * Additionally, in case of pre-mature withdrawal of FCNR (B) deposits, SWAP (conversion) cost will be recovered, basis the prevailing market rates on the date of pre-mature withdrawal, between the FCNR (B) currency and Indian Rupees GIFT CITY IBU TERM DEPOSIT RATES GIFT CITY IBU TERM DEPOSIT RATES (<1MIO) W.E.F. 1ST SEPT 2024 IBU RATE < 1 Mio USD EURO GBP TENURE CALLABLE CALLABLE CALLABLE 7 days to 29 days 5.00% 3.25% 4.35% 30 days to 59 days 5.15% 3.35% 4.60% 60 days to 89 days 5.25% 3.45% 4.75% 90 days to 119 days 5.35% 3.55% 4.85% 120 days to 149 days 5.35% 3.65% 4.85% 150 days to 179 days 5.35% 3.75% 5.00% 180 days to 269 days 5.35% 3.75% 5.15% 270 days to < 1 year 5.35% 3.75% 5.30% 1 Yr to < 2 Yrs 5.40% 3.80% 5.40% 2 Yr to < 2 Yrs 6 mths 4.60% 3.15% 4.80% 2 Yr 6 mths to < 2 Yrs 9 mths 4.60% 3.15% 4.80% 2 Yr 9 mths to 3 Yrs 4.45% 3.00% 4.65% above 3 Yr to < 61 mths 4.35% 3.00% 4.60% 61 mths and above to 10 years 4.35% 3.00% 4.60% IBU RATE < 1 Mio USD EURO GBP TENURE NON CALLABLE NON CALLABLE NON CALLABLE 7 days to 29 days 5.10% 3.35% 4.45% 30 days to 59 days 5.25% 3.45% 4.70% 60 days to 89 days 5.35% 3.55% 4.85% 90 days to 119 days 5.45% 3.65% 4.95% 120 days to 149 days 5.45% 3.75% 4.95% 150 days to 179 days 5.45% 3.85% 5.10% 180 days to 269 days 5.45% 3.85% 5.25% 270 days to < 1 year 5.45% 3.85% 5.40% 1 Yr to < 2 Yrs 5.50% 3.90% 5.50% 2 Yr to < 2 Yrs 6 mths 4.70% 3.25% 4.90% 2 Yr 6 mths to < 2 Yrs 9 mths 4.70% 3.25% 4.90% 2 Yr 9 mths to 3 Yrs 4.55% 3.10% 4.75% above 3 Yr to < 61 mths 4.45% 3.10% 4.70% 61 mths and above to 10 years 4.45% 3.10% 4.70% Please note "All term deposits accepted from individuals will have to be booked as callable deposits” (other than Individual Clients which are classified as “Professional Client” under the IFSCA client classification requirements). BULK DEPOSIT RATES CALLABLE/ NON CALLABLE Click here Fixed Deposit Interest Rate Greater Than or Equal to 5 Cr - Withdrawal Click here Fixed Deposit Interest Rate Greater Than or Equal to 5 Cr - Non- Withdrawal (Please clear browser history/cookies to access the latest effective interest rates.) SAVINGS BANK ACCOUNT INTEREST RATES - W.E.F. 21ST AUGUST 2024 Savings Bank Account Interest Rates Domestic / Non Resident (NRO/NRE)* Rate p.a Daily balance upto Rs. 1 Lakh 3.00% Daily balance above Rs. 1 Lakh Upto Rs. 5 Lakhs 5.00% Daily balance above Rs. 5 Lakh Upto Rs. 10 Lakhs 6.00% Daily balance above Rs. 10 Lakhs Upto Rs. 5 Crs 6.75% Daily balance above Rs. 5 Crs Upto Rs. 100 Crs 6.75%* * Flat Rate applicable on entire balance. Indus Global Savings Account USD Rate p.a w.e.f 6th Sept 2024 <=1 Mio 5.00% >1 Mio <= 5 Mio 6.25% >5 Mio <= 10 Mio 6.25% >10 Mio <= 50 Mio 6.25% > 50 Mio<= 150 Mio 6.25% > 150 Mio 2.50% Note: For rates on amount above INR 100 Crore, please contact your branch or Relationship Manager Please note: * The rates are applicable on Domestic/Non-resident (NRE/NRO) Savings Account, the interest on daily balance is calculated as below: * a. 3.0% for daily balances up to Rs 1 Lakh b. 5.00% for daily balances above 1 Lakh and up to Rs.5 Lakhs, please note 5.00% will be paid on incremental balances above Rs 1 Lakh up to Rs 5 Lakhs c. 6.00% for balances above Rs.5 Lakhs and up to Rs.10 Lakhs, please note 6.00% will be paid on incremental balance above Rs.5 Lakhs up to Rs.10 Lakhs d. 6.75% for balances above Rs.10 lakhs and up to Rs.5 Crores, please note 6.75% will be paid on incremental balance above Rs.10 Lakhs up to Rs.5 Crores e. 6.75% for balances above Rs.5 Crores and up to Rs.100 Crores, please note 6.75% will be paid on entire balance * For Interest rate on Deposit above Rs 100 Crore, please contact your Relationship Manager or visit your nearest branch * #RFC Savings Rate is the rate applicable for 1Yr<2 Yrs on FCNR deposits and is available only in USD, GBP & Euro * Balances of Grouped Savings Accounts will not be added before applying rates. The grouping of balance is only for minimum balance requirement / transaction pricing, if any. * Interest Credit is shown in the E-Statement / Physical Statement / Net-Banking statement. * Interest is paid at every calendar quarter on 30th June, 30th September, 31st December and 31st March. Apply Now (Please clear browser history/cookies to access the latest effective interest rates.) MCLR RATE Marginal Cost of Funds Based Lending Rate Rates are effective from Oct 22, 2024 MCLR Benchmark MCLR (%) Overnight 10.25% 1 month 10.30% 3 month 10.40% 6 month 10.55% 1 year 10.55% 2 year 10.55% 3 year 10.55% BASE RATE Base Rate 11.35% p.a. with effect from Aug 07, 2024 BPL RATE Benchmark PLR 20.60% p.a. with effect from 19th October 2015. (Please clear browser history/cookies to access the latest effective interest rates.) As on 28-10-2024 (Major Currencies) Currency Description TT Buy TT Sell Fx Card / TC Buy Fx Card / TC Sell Cash Buy Cash Sell Bills Buy Bills Sell AED UAE DIRHAM 22.15 23.63 22.0 23.78 21.94 23.84 22.09 23.69 AUD AUSTRALIAN DOLLAR 54.17 56.5 53.61 57.06 53.39 57.28 53.95 56.72 CAD CANADIAN DOLLAR 59.3 61.63 58.74 62.19 58.52 62.41 59.08 61.85 CHF SWISS FRANC 95.19 98.19 94.62 98.76 94.39 98.99 94.96 98.42 DKK DANISH KRONES 11.81 12.49 11.71 12.59 11.67 12.63 11.77 12.53 EUR EURO 89.02 92.3 88.27 93.05 87.98 93.34 88.72 92.6 GBP POUND STERLING 106.97 110.71 106.08 111.6 105.72 111.96 106.61 111.07 HKD HONG KONG DOLLAR 10.46 11.17 10.39 11.24 10.36 11.27 10.43 11.2 JPY YEN 53.29 56.17 52.62 56.84 52.35 57.11 53.02 56.44 NOK NORWEGIAN KRONE 7.19 8.07 7.09 8.17 7.06 8.2 7.15 8.11 NZD NEW ZEALAND DOLLAR 48.94 51.31 48.52 51.73 48.35 51.9 48.77 51.48 SAR SAUDI RIYAL 21.59 23.21 21.44 23.36 21.38 23.42 21.53 23.27 SEK SWEDISH KRONA 7.41 8.39 7.33 8.47 7.3 8.5 7.38 8.42 SGD SINGAPORE DOLLAR 62.38 64.57 61.95 65.0 61.78 65.17 62.21 64.74 THB THAI BAHT 2.38 2.6 2.38 2.6 2.38 2.6 2.38 2.6 USD U.S. DOLLARS 82.57 85.57 81.78 86.36 81.48 86.66 82.26 85.88 ZAR RAND 4.46 5.03 4.38 5.11 4.34 5.15 4.43 5.06 Note: The above rates are TENTATIVE/ INDICATIVE and are not the final rates. Please contact your nearest IndusInd Bank branch for the final rates before proceeding with the transaction. The rates are subject to change without notice. IndusInd Bank Ltd does not accept any responsibility for any action taken based on the above rates. Information on forex rates may quickly become unreliable for various reasons including, for example, changes in market conditions or economic circumstances. IndusInd Bank is not obligated to update the information contained in the forex rate list available on the Bank's website, and the service of providing forex rates may be discontinued at any time without notice. Card Rates to be applied for all FX transactions upto USD 25,000 or equivalent in other currencies. * TC = Travel Card (Please clear browser history/cookies to access the latest effective interest rates.) BANK RATE Q2 2024-2025 The minimum and maximum and mean rate - Individuals - 01-07-2024 To 30-09-2024 New Min % Max % Mean % Small Commercial Vehicle 10.69 27.99 18.76 Passenger Vehicle 9.45 17.90 10.92 Construction Equipment 9.80 15.29 10.57 Light Commercial Vehicle 9.79 16.15 11.64 Medium Heavy Commercial Vehicle 9.78 13.80 10.52 Tractor & Farm Equipment 11.81 20.82 14.31 Two Wheeler 13.00 28.00 20.78 Affordable Home Loan 10.10 16.00 12.35 Used Min % Max % Mean % Small Commercial Vehicle 12.80 29.14 22.58 Passenger Vehicle 10.56 20.82 15.32 Construction Equipment 9.81 17.99 13.95 Light Commercial Vehicle 10.48 22.77 15.11 Medium Heavy Commercial Vehicle 10.52 21.01 14.12 Tractor & Farm Equipment 18.00 24.02 19.18 Two Wheeler 16.85 28.13 22.67 ANNUAL PERCENTAGE RATE Q2 2024-2025 The minimum and maximum and mean rate - Individuals - 01-07-2024 To 30-09-2024 New Min % Max % Mean % Small Commercial Vehicle 10.95 35.99 20.12 Passenger Vehicle 9.49 23.10 11.32 Construction Equipment 9.89 17.19 10.75 Light Commercial Vehicle 9.86 17.95 12.07 Medium Heavy Commercial Vehicle 9.81 14.29 10.70 Tractor & Farm Equipment 10.46 27.28 14.66 Two Wheeler 13.63 43.70 22.81 Used Min % Max % Mean % Small Commercial Vehicle 12.8 35.98 25.53 Passenger Vehicle 12.22 15.90 16.17 Construction Equipment 9.87 19.22 14.61 Light Commercial Vehicle 10.74 26.47 16.21 Medium Heavy Commercial Vehicle 11.06 23.82 14.95 Tractor & Farm Equipment 16.28 28.6 20.78 Two Wheeler 21.57 35.31 24.29 (Please clear browser history/cookies to access the latest effective interest rates.) Interest Rate – Q2 2024-25 Minimum 10.35% Maximum 28.00% Mean 17.27% Annual Percentage Rate (FY24-25)* Minimum 10.35% Maximum 65.95% Interest Rate – Q1 2024-25 Minimum IRR % 13.00% Maximum IRR % 24.00% Mean IRR % 17.25% Note : APR will be equal to IRR for cards, as we disburse the full loan amount and bill the PF separately. 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