NewsBizkoot.com

BUSINESS News for MILLENIALAIRES

IndusInd Bank has revised the interest rates on fixed deposits, check rate

2 min read

FD Rates: IndusInd Bank, one in every of the nation’s largest non-public sector banks, has revised the interest rates of FDs. IndusInd Bank has made this revision on FDs of lower than Rs 2 crore.

– Advertisement –

The financial institution is giving interest starting from 3.50 % to a most of seven.99 % to common prospects. The financial institution is giving an additional interest of 0.50 % to senior residents as in comparison with common prospects. Senior residents are getting a most interest of 8.25 %. These new rates have come into impact from May 28, 2024.

Also Read: seventh Pay Commission: How a lot cash will staff get after growing DA and wage?

Fixed Deposit Rate on IndusInd Bank

Interest on FDs maturing in 7 to 30 days – 3.50%

Interest on FDs maturing in 31 to 45 days – 3.75%

Interest on FDs maturing in 46 to 60 days – 4.75%

Interest on FDs maturing in 61 to 90 days – 4.75%

Interest on FDs maturing in 91 to 120 days – 4.75%

Interest on FDs maturing in 121 to 180 days – 5%

Interest on FDs maturing in 181 to 210 days – 5.85%

Interest on FDs maturing in 211 to 269 days – 6.1%

Interest on FDs maturing in 270 to 354 days – 6.35%

Interest on FDs maturing in 355 to 364 days – 6.50%

Interest on FDs maturing in 1 yr to 1 yr 6 months – 7.75%

Interest on FDs maturing in 1 yr to six months to 2 years – 7.75%

Interest on FDs from 2 years to three years to 2 years 6 months – 7.25%

Interest on FDs from 2 years 6 months to 2 years 7 months – 7.99%

2 years 7 months to three years 3 months – 7.25 %

3 years 3 months to 61 months – 7.25%

61 months and above – 7 per cent

Interest rate on tax saving FDs maturing in 5 years – 7.25%

– Advertisement –

About Author