2,25,000
Minimum deposit
Overview
An IndusInd Bank Fixed (Term) Deposit is a guaranteed-return investment with competitive benefits so that your money can work for you.
7 days to 120 Months
Tenure
6.75 %
Rate of Interest*
*Refer Interest Rate section for amount, tenure & interest rate
Deposit Plus Account Benefits
The potential of enjoying higher returns through investment in market-linked instruments
The principal amount is invested into a fixed deposit and the interest earned from it will be invested in a Mutual Fund through a Systematic Investment Plan (SIP), ensuring capital protection.
The monthly interest earned from your deposit is credited into CASA and is invested in SIP through a simple auto-debit instruction.
Return earned from equity-linked SIP is tax-free if redeemed after 1 year, helping you save more.
- Benefit from “Rupee Cost Averaging” as the regular investment counters the volatility of the equity market.
- Multiple SIP Schemes to choose from
- Choose and assign your nominee
- Avail overdraft facility against Fixed Deposit
- Pre-mature encashment of your Term Deposit is also permitted
Eligibility Criteria of Deposit Plus Account
Eligibility
- All Resident Individual Savings Account and Current Account holders can open an IndusInd Bank Deposit Plus Account (Not available for minors)
- The Deposit Plus FD is a monthly interest payout plan and it will have a discounted rate over the standard FD Rate.
- Minimum monthly interest payout from the FD should not be less than Rs.1000 to start your Deposit Plus.
