Offers
Rates
V-KYC
Debit Card Related
Credit Card Related
SA Welcome Kit 
Manage Mandate(s)
Get Mini Statement
categories
Bloggers
Blog collection
Press Release
Save Smartly with IndusInd Bank’s Fixed Deposit
Posted on Friday, July 9th, 2021 | By IndusInd Bank
Present times are challenging both socially and economically, which is why keeping safe and carefully managing your finances takes precedence over other matters. What you do with your disposable income today is a far more critical decision than before.
One of the finest financial instruments available to millions of Indians for decades now is a Fixed Deposit or FD account. Lately, this medium for safe savings has not returned great interest rates. But, that has now changed with the IndusInd Bank, offering a whopping 6% interest rate on their Fixed Deposits (FD). Their FD rate for senior citizens stands at 6.5%.
Now that we have your attention, here is how you can open FD account online with IndusInd Bank.
Before moving ahead with this process, know that if you are a new customer, you do not need a savings account with the bank to register a Fixed Deposit (FD) here.
● Log on to the bank’s official landing page by clicking here https://www.indusind.com/in/en/personal/deposits/fixed-deposit.html
● On this page, you will find all the relevant information about the IndusInd FD account, including interest rates, fine print, tenures, FD calculator and other features.
● On the top right side of the page, you will find a button that says “Apply Now”.
● Click on it, and you will be redirected to the next page, where you can fill out the amount you wish to deposit along with the tenure.
● After this step, you will need to fill and submit an online form.
● Once you have registered a request, an IndusInd representative will contact you to pick up your KYC documents.
● After successful verification, the bank will open your Fixed Deposit (FD) account.
Why Choose IndusInd Bank’s Fixed Deposit?
IndusInd Bank offers one of the highest FD interest rates in the country. At 6.5%, your returns not only match inflation but supersedes it. This is not all! Opening online FD account with IndusInd Bank comes with various other benefits such, as:
● You can choose from a wide array of tenures. IndusInd Bank allows its customers to select deposit lock-ins from 7 days to 10 years!
● Your funds remain handy as you can withdraw them prematurely in case of an emergency.
● You can conveniently link your savings account with the FD account for easy transfers.
● If you don’t want to keep a significant amount locked into one Fixed Deposit, the bank lets you create multiple small ones.
● A partial withdrawal facility is also available here.
● You can also open FD account online through their mobile phone application. If you wish to go to the bank and apply for an FD at the same rate, that option is at your disposal.
Eligibility Criteria
The IndusInd Bank Fixed Deposit is available to all Indian citizens above the age of 18.
Minors can also open this account with their parents or guardian(s).
There is a minimum amount cap to apply for this FD. If you are a new customer, the minimum amount stands at Rs 25,000. If you already have a savings or any other type of account, the minimum deposit amount is Rs 10,000.
Documents Required
Identity Proof – You can provide any 1 of the following as identity proof
● Aadhar
● Passport
● Driving License
● Pan Card
● Or any other government photo id.
Address Proof – You can provide any 1 of the following as address proof
● Telephone or other utility bills
● Passport
● Bank Statements along with a cheque.
Final Thoughts
So, as you can see, it doesn’t take much to open an FD account online with IndusInd Bank, but the rewards you reap are many. Start your smart saving journey with incredible FD interest rates by logging on to our website. To know more about our fixed deposit accounts, reach out to us today!
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
