{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/investment\/what-makes-indusind-fixed-deposit-a-safe-investment-option\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/investment\/what-makes-indusind-fixed-deposit-a-safe-investment-option\/","headline":"What Makes IndusInd Fixed Deposit a Safe Investment Option?","name":"What Makes IndusInd Fixed Deposit a Safe Investment Option?","description":"Searching for a low-risk instrument that yields high returns is much like looking for a needle in a haystack. Or is it? Well, if you’re a risk-averse investor who wants to earn substantial returns but doesn’t like taking risks, then IndusInd Bank fixed deposits (FD) can match your investment appetite. Keep reading to learn how....","datePublished":"2021-07-06","dateModified":"2022-12-21","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\/IndusInd-Bank-Fixed-Deposits-FD.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/IndusInd-Bank-Fixed-Deposits-FD.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/investment\/what-makes-indusind-fixed-deposit-a-safe-investment-option\/","about":["Investment"],"wordCount":1001,"keywords":["apply for fixed deposits online"],"articleBody":"Searching for a low-risk instrument that yields high returns is much like looking for a needle in a haystack. Or is it? Well, if you’re a risk-averse investor who wants to earn substantial returns but doesn’t like taking risks, then IndusInd Bank fixed deposits (FD) can match your investment appetite. Keep reading to learn how. What Makes Fixed Deposits So SafeFixed deposits are inherently one of the most secure investment avenues. This is because when you open an FD in India, the Deposit Insurance and Credit Guarantee Corporation issues a deposit insurance of Rs. 5 lakhs to protect your money against any bank defaults. All your FD schemes are backed by the government, no matter what condition the bank is going through. That’s why you can park your money into fixed deposits stress-free, leverage the power of compounding and let your money grow steadily. Why Open an IndusInd Fixed Deposit?What sets IndusInd Bank\u2019s fixed deposits apart from other financial products is the availability of customisation. Instead of offering a stock product to the investors, we pay special attention to their unique investments needs and tailor an FD plan most favourable for them. If you’re an FD investor looking for similar services, you can’t go wrong by trusting IndusInd Bank. After all, boasting decades of banking experience, it’s a name synonymous with credibility.When you book a fixed deposit with IndusInd Bank, you can enjoy attractive interest rates on your deposit, including a slew of premium, best-in-the-industry privileges, and rewards. Competitive ReturnsIndusInd Bank extends fixed deposit interest rates of up to 6%, depending on your FD tenure; the longer the FD tenure, the better. This lets you collect good returns on your investment and build a sizable corpus over time. For senior citizens, FDs are a reliable investment choice as they can enjoy even higher returns on your deposit. Since our fixed deposit interest rates are flexible, we regulate it monthly, quarterly, half-yearly, yearly, or on maturity. All our interest calculations are completely transparent and fine-tuned to meet your financial needs. Learn more about our FD interests here.Loan Against FDWhile we do extend flexibility to choose the lock-in period for your FD, starting from 7 days and going up to 10 years, we also understand your liquidity needs. That is why our fixed deposits can double up as collateral and let you get up to 95% of the FD deposit as loan amount for tackling financial crunches conveniently. Other than the advantages mentioned above, IndusInd Bank fixed deposits also let you reap benefits such as auto-renewal and nomination facilities, flexible tenures, multiple FD schemes, partial withdrawals, and tax-saver deposits for up to Rs. 1,50,000.On top of that, if the idea of letting your money sit idle doesn’t sit right with you, you can also choose to link your FD account to your savings account. This will help you access IndusInd Bank’s sweep in-sweep out facility that lets you withdraw the deposited funds at zero costs whenever you need them. Are You Eligible?At IndusInd Bank, we cater to a diverse cluster of fixed deposit investors, including Indian citizens, business firms, local governing bodies, trust accounts, government departments, among many others.  However, before you take the first step, it’s advisable to keep your address and identity proofs handy so the process remains free of bumps.  Required Documents \u25cf    Identity proof \u2013 driving license, Aadhar, passport, government ID, PAN card  or senior citizen ID\u25cf    Address proof \u2013 telephone bill, bank statement with cheque, passport, or electricity bill So, does the IndusInd Bank fixed deposit scheme suit your investment palette? If yes, then all you need to do is book your FD here.  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:"}