1860-500-5004/1800-209-0061
Deposits
Young Saver Deposit
- IndusInd Bank inculcates savings habit among children with high return on their savings by linking Savings Bank Account with Flexi Recurring Deposit. Account is being opened and operated by the guardian for the minor.
Features & Benefits
Balance in Savings Bank account will be transferred to a flexi recurring deposit on the last day of every month, leaving Rs.100/- in SB account
Opening Balance: Rs. 11/-
Interest Rate: As applicable to Term deposits in the case of Recurring Deposit
TDS in Interest: Recurring Deposits are exempted from TDS
Deposit Tenor: 6 months to 120 months
Nomination facility: Available
Premature Closure: Allowed
Best For
Young Children
Documentation
- Application form
- Passport size photograph
- Proof of Residence
- Introduction
What Next
For further details
Email:
reachus@indusind.com
Call: BSNL & MTNL subscribers: 1800 22 0061 Other subscribers: 1800 209 0061 / 022 44066666
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