{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/investment\/help-the-environment-while-earning-better-returns-with-indusind-bank-green-fixed-deposit\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/investment\/help-the-environment-while-earning-better-returns-with-indusind-bank-green-fixed-deposit\/","headline":"Help the Environment While Earning Better Returns with IndusInd Bank Green Fixed Deposit","name":"Help the Environment While Earning Better Returns with IndusInd Bank Green Fixed Deposit","description":"Fixed-income Investors sometimes put too much at risk for a tiny gain. Many times, they are caught up in the attractive interest rate on specific investment instruments without taking into account the associated risks. We live in a time in which retail price inflation (as measured by the Consumer Price Index) is increasing. Also, the...","datePublished":"2022-03-17","dateModified":"2023-06-23","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/environment.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/environment.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/investment\/help-the-environment-while-earning-better-returns-with-indusind-bank-green-fixed-deposit\/","about":["Investment"],"wordCount":826,"keywords":["fixed deposits Interest rates","green fixed deposits","high Interest rates fixed deposits","open FD online"],"articleBody":"Fixed-income Investors sometimes put too much at risk for a tiny gain. Many times, they are caught up in the attractive interest rate on specific investment instruments without taking into account the associated risks.We live in a time in which retail price inflation (as measured by the Consumer Price Index) is increasing. Also, the interest rates on fixed deposits have been at or near their lows over the past few years.Being enticed by an additional small amount of interest on fixed deposits is understandable to make a little extra money.However, it could be costly as well. To invest in corporate deposits, some investors emphasise credit ratings. However, it is essential to note that ratings for credit fluctuate is not considered.That said, businesses like IndusInd Bank have displayed an admirable corporate governance system, have been open and transparent, performed the required proper due diligence and financial discipline, and created wealth for investors each year by building trust.Comparatively to other banks, IndusInd Bank garners deposits with low-interest rates and is a safe investment.Read this blog post till the end to understand everything about IndusInd Bank Green Fixed Deposits.Understanding Green Fixed DepositsIndusInd Bank has recently launched Green fixed deposits where the deposit proceeds will be utilised to fund projects assisting the UN’s Sustainable Development Goals (SDGs).A green deposit is an FD type for investors aiming to invest their excess cash reserves in environmentally-friendly schemes. Such deposits will be provided to both corporate and retail consumers.The Bank will employ the collections from these deposits to fund several sectors falling under the SDG category. These include renewable energy, waste management, green transport, greenhouse gas reduction, forestry, sustainable food, agriculture and energy efficiency.The High Interest rates Fixed Deposits remains tempting, with an added benefit of 50 basis points for older adults. Simply put, it is comparable to a traditional bank deposit. However, the customers will be given a ‘Green’ and an ‘Assurance’ certificate corroborating the ultimate use of deposit proceeds towards the end of the financial year.The declaration of ‘Green’ deposits’ is part of IndusInd Bank’s bigger responsibility of building value for all its stakeholders and staying focused on pushing the nation’s sustainable economic growth.Benefits and FeaturesCustomers will enjoy the below perks with IndusInd Bank Green Fixed Deposits:Assurance certification from a respectable exterior consulting firm.Deposits supported by insurance for up to Rupees 5 lakhLess pre-mature withdrawal costs of only 1%Added returns for the older citizensHigh-interest rate.Through this scheme, IndusInd Bank is setting an example of why everyone (individuals and businesses) must take responsible decisions towards environmental protection.ConclusionKeeping all the above information in mind, make sure you don’t make investments into IndusInd Bank Green Fixed Deposits sporadically.Consider your individual investment goals, financial goals you’re targeting, your risk profile, duration to reach your goals, and the best asset allocation for your situation before deciding to invest.We’re sure this blog post was helpful for you. Still got any questions? Ask us in the comments!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.Share This:"}