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An Insight into FD Schemes on IndusInd Bank
Posted on Friday, July 16th, 2021 | By IndusInd Bank
Are you looking for an attractive combination of safety and competitive interest rates on your fixed deposit (FD)? At IndusInd Bank, we bring you fixed deposits that grow your money and reward you with a world of benefits. With returns of up to 6%, we give you one of the highest interest rates on a fixed deposit. But, that’s not all! There are plenty of reasons to invest in an FD scheme by IndusInd Bank.
Curious? Read on to learn more.
Why Should I Open an FD Account with IndusInd Bank?
When you open an FD account with IndusInd Bank, you receive one of the highest interest rates on a term deposit! In fact, senior citizens get even higher interest rates on their FD.
Choose from a variety of fixed deposit schemes designed to meet your saving and investment needs. Get flexible interest payments according to a schedule of your choice – monthly, quarterly, semi-annually, annually, or at maturity. You can choose to receive the payment either in your savings or your current account.
Apart from offering a high interest rate, our FD schemes allow for premature withdrawals. With us, you can auto-renew your FD, as well as change in nominee details. Given that staying at home is critical these days, you don’t need to visit our branch to create or change your FD account. We offer our services over phone banking and internet banking (Indusnet).
Further, you don’t need to open a savings account with us to create an FD account. You can simply provide our representatives with a savings account number where you want your money transferred on maturity or even premature withdrawals.
All you need is Rs. 10,000 to open a fixed deposit account with us! What’s more, we offer a variety of tenures for you to choose from. You can make an ultra-short FD of just 7 days or go the full term up to 120 months.
Last but not least, it only takes 2 working days to verify all your documents and open your fixed deposit account with us. Of course, this duration is subject to payment realisation. And, you can claim your IndusInd Bank FD for a tax benefit of up to Rs. 1,50,000 under Section 80C.
Eligibility Criteria for Opening FD Account
● You should be an Indian citizen.
● You should be 18 years of age.
● You should have your KYC documents ready.
Documents required for IndusInd Bank FD Account
Opening an FD with us is incredibly easy, and you can do it with minimal paperwork. Here are the documents you need:
● Proof of Identity: Aadhaar Card, Driving license, PAN card, Senior Citizen ID card (for senior citizens), Passport (any 1).
● Proof of Address: Mobile phone bill, electricity bill, bank statement along with a cheque leaf, Passport (any 1).
And, you are done! When opening an FD account online, you can simply upload these documents on our portal.
How to Open FD Account Online with IndusInd Bank?
With us, you can open an FD account online in just three simple steps –
● Log on to our website by clicking here and then fill out the application form.
● Figure out the tenure that is best suited to you, and then authenticate yourself.
● Finish the application and transfer the funds electronically to create your FD.
You can open an FD account with us in a matter of minutes by applying online!
The Bottom Line
For countless Indians, a fixed deposit is a priority investment. We understand that and give you the power to make your money work for you!
Invest in IndusInd Bank’s fixed deposit schemes and have your expectations exceeded with our attractive interest rates and a plethora of benefits.
To know more, 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.
