New Delhi: IndusInd Bank has revised its fixed deposit (FD) interest rates. The private sector bank has increased the rates on selected FD plans. Recently, several private banks including ICICI Bank, HDFC Bank and others have reduced the returns on their FD schemes.
Several banks have reduced their interest rates on fixed deposits and savings accounts after the Reserve Bank of India (RBI) announced a repo rate cut of 25 basis points in the first week of April 2025. The central banking authority had announced a similar rate cut in the month of February.
IndusInd Bank has revised its Fixed Deposit interest rates for deposits less than Rs 3 crore, with effect from April 29, 2025. The rate cut will affect both general and senior citizen depositors.
The lender is offering 3.50% and 7.75% interest to general citizens for deposits less than Rs 3 crore. For senior citizens, the FD interest rate ranges between 4% and 8.25%.
IndusInd FD Interest Rate for less than 3 crore deposits
- 7 days to 14 days Tenor: General citizens entitled to get 3.50 percent interest and seniors will get 4 percent.
- 15 days to 30 days Tenor: IndusInd Bank has fixed the returns at 3.50 percent for general citizens while elders will get 4 percent.
- 31 days to 45 days FD Tenor: 3.75 interest rate for general customers and 4.25 percent for senior citizens.
- 46 days to 60 days Fixed Deposit Tenor: The private sector bank is offering 4.75 percent returns and 5.25 percent returns to general and senior citizens categories, respectively.
- 61 days to 90 days Tenor: 5 for general and 5.50 percent for senior citizens
- 91 days to 120 days: Tenor: 7 percent interest rate; senior citizens will get 0.50 more.
- 121 days to 180 days Tenor: 7 percent returns
- 181 days to 210 days Tenor: 7 percent interest rate
- 211 days to 269 days Tenor: 7 percent interest rate
- 270 days to 354 days and 355 days to 364 days tenor: 7 percent for general customers and 7.50 for seniors.
- People investing their money for 1 Year to below 1 Year 3 months will get 7.50 interest rate, while senior citizens will get 8 percent.
- 1 Year 3 months (15 months) to below 1 Year 4 months (16 months) Tenor: The bank has fixed 7.75 return
- 1 Year 4 months to below 1 Year 5 months: 7.50 percent interest rate
- 1 Year 5 months to below 1 Year 6 months: 7.50 percent interest rate
- 1 Year 6 Months up to 2 Years: 7.50 returns
- Above 2 Years to below 2 Years 6 Month FD tenor: 7.25 interest for general customers and 7.75 for senior citizens.
- 2 years 6 Months (30 months) to below 2 years 7 months (31 months): 7.25 interest rate
- 2 year 7 months to 3 years 3 months: 7.25 interest rate
- Above 3 years 3 months to below 61 month: 7.10 returns
- 61 month and above: 7 interest rate
IndusInd Bank has recently revised its fixed deposit (FD) interest rates, effective April 29th, 2025. These changes affect deposits under Rs 3 crore for both general and senior citizen customers. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
