Earn up to 8.25% FD rate: This private bank revises interest rates on fixed deposits According to the bank's official website, the new rates are effective from July 3, 2024
IndusInd Bank has revised the interest rates on fixed deposits (FDs) under Rs 3 crore. According to the bank's official website, the new rates are effective from July 3, 2024.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
IndusInd Bank FD interest rates revised: Latest FD rates for general citizen
The bank offers a fixed deposit interest rate between 3.50% and 7.75% for general citizens for FD tenures ranging from 7 days to 10 years. The highest interest rate of 7.75% is offered on FDs maturing between 1 year to 2 years.FD interest rate up to 8.75%: These 4 banks have revised fixed deposit rates with effect from July 1
Latest FD rates for general citizen
Less than 3 Cr* (Domestic /NRO/NRE deposits)TenureRate7 days to 14 days3.515 days to 30 days3.531 days to 45 days3.7546 days to 60 days4.7561 days to 90 days4.7591 days to 120 days4.75121 days to 180 days5181 days to 210 days5.85211 days to 269 days6.1270 days to 354 days6.35355 days to 364 days6.51 Year to below 1 Year 3 months7.751 Year 3 months (15 months) to below 1 Year 4 months (16 months)7.751 Year 4 months to below 1 Year 6 months7.751 Year 6 Months up to 2 Years7.75Above 2 Years to below 2 Years 6 Month7.252 years 6 Months (30 months) to below 2 years 7 months (31 months)7.252 year 7 months to 3 years 3 months7.25Above 3 years 3 months to below 61 month7.2561 month and above7Indus Tax Saver Scheme (5 years)7.25Note that interest is compounded quarterly. Simple interest will be paid on maturity for deposit wherever the tenure is upto 180 days.
IndusInd Bank FD interest rates revised: Latest FD rates for senior citizen
According to the Indusind website, “*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).”The bank offers a fixed deposit interest rate between 4% and 8.25% for senior citizens for FD tenures ranging from 7 days to 10 years. The highest interest rate of 8.25% is offered on FDs maturing between 1 year to 2 years.
Less than 3 Cr* (Senior Citizen)TenureRate7 days to 14 days415 days to 30 days431 days to 45 days4.2546 days to 60 days5.2561 days to 90 days5.2591 days to 120 days5.25121 days to 180 days5.5181 days to 210 days6.35211 days to 269 days6.6270 days to 354 days6.85355 days to 364 days71 Year to below 1 Year 3 months8.251 Year 3 months (15 months) to below 1 Year 4 months (16 months)8.251 Year 4 months to below 1 Year 6 months8.251 Year 6 Months up to 2 Years8.25Above 2 Years to below 2 Years 6 Month7.752 years 6 Months (30 months) to below 2 years 7 months (31 months)7.752 year 7 months to 3 years 3 months7.75Above 3 years 3 months to below 61 month7.7561 month and above7.5Indus Tax Saver Scheme (5 years)7.75
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This story originally appeared on: India Times - Author:Faqs of Insurances
