"Unlock Growth with IndusInd Bank FD: A Comprehensive Guide to Attractive Rates and Benefits"

Delve into secure investment opportunities with IndusInd Bank's Fixed Deposit (FD) offerings. Since 1994, IndusInd Bank has established itself as a prominent new-generation financial institution based in Pune, Maharashtra, providing a variety of financial services.

IndusInd Bank FD Interest Rates: Your Ticket to Competitive Returns

Explore appealing interest rates from 6.35% to 7.25% on IndusInd Bank FDs for tenures between 12 months and 3 years. Benefit from the flexibility of deposits ranging from ₹1,000 to ₹10,00,000, with quarterly compounding.

Features and Benefits of IndusInd Bank FD

Discover why IndusInd Bank FD remains a favored choice:

• Flexible Tenure Options: Tenures span from 7 days to 10 years.
• Interest at Maturity: Earn interest paid at maturity.
• Premature Withdrawal and Nomination Facility: Allows premature withdrawals and nomination of beneficiaries.
• Best-in-Class Interest Rates: Enjoy competitive market rates.
• Tax Saver FD Option: Special scheme for tax savings.

Variety of FD Schemes at IndusInd Bank

Discover specialized FD schemes:

• Regular FD Scheme
• Sweep In/Out Scheme
• Tax Saver Scheme

Each scheme offers distinct features tailored for diverse needs.

Interest Rates Based on Tenure: Short, Medium, and Long-term Investments

Learn about the interest rates across various tenures:

• Short-term (7 days to 12 months): 2.50% to 5.45% p.a.
• Medium-term (1 year to 5 years): 6.00% to 6.50% p.a.
• Long-term (5 years to 10 years): 6.00% p.a.

Easy Account Opening: Anytime, Anywhere

Begin your investment journey with ease:

• Mobile App
• Internet Banking
• Offline Branch Visit

Open an FD account starting with just ₹1,000.

Tax Implications and TDS Considerations

Navigate the tax implications with IndusInd Bank FDs:

• TDS of 10%: Applied on interest surpassing ₹40,000 p.a. for regular clients and ₹50,000 for senior citizens.
• Tax on Interest: Subject to applicable income tax slab rates.

Loan Against FD: Unlock Financial Opportunities

Enhance your financial capacity with loans against FD:

• Loan Amount: Up to 90% of the deposit.
• Interest Rate: From 4.25% to 8%.

Premature Closure and Penalties

Understand premature closure terms:

• Allowed, excluding Tax-Saving FDs
• Penalty: 1% on the predetermined interest rate.

Conclusion:

Secure and Reliable Growth with IndusInd Bank FDs

Enjoy safe investments and substantial returns with IndusInd Bank FDs, opting for stability and reliability from a bank focused on your financial health.