IndusInd Bank Revises Interest Rates On These FDs, Rates Effective From Today, Check Rates Here

Published: Tuesday, April 11, 2023, 15:09 [IST]

IndusInd Bank, a private sector lender, revises its interest rates on bulk fixed deposits above Rs 5 Crore to Rs 100 Crore and above. The new rates are effective from April 11, 2023, according to the bank's official website.

Following the revision, the bank under the Callable deposit now provides interest rates ranging from 6% to 7.75% and for the deposit amount Rs 5 Crore to 5.50 crore and 5.75 crore to 10 crore. Whereas for the deposit amount of 5.50 crore to 5.75 crore, the bank providing interest rates range from 6% to 6.75%.

Under the Non-Callable deposits, the bank is providing interest rates ranging from 6% to 7.9% for the deposit amount of 5 Crore to 5.50 crore, 5.50 crore to 5.75 crore and 5.75 crore to 10 crore, respectively. These rates are applicable on the maturity period from 7 days to up to 10 years.

Similarly, the bank revised the interest rates on deposits above Rs 10 crore for both, Callable and Non-Callable deposits schemes. To know the interest rates above Rs 10 crore under both deposit schemes, please visit the official website of the IndusInd bank at "IndusInd.com".

Domestic/NRO/ NRE Fixed Deposit Rates (all in %) - Callable w.e.f. April 11, 2023

Period	Interest Rate 5 Crs to 5.50 Cr (% p.a.)	Interest Rate above 5.50 Crs to 5.75 Crs (% p.a.)	Interest Rate above 5.75 Crs to 10.00 Cr (% p.a.)
7 days - 14 days	6	6	6
15 days - 30 days	6.25	6	6.25
31 days - 45 days	6.5	6	6.5
46 days - 60 days	6.75	6	6.75
61 days - 90 days	6.9	6	6.9
91 days - 120 days	7.25	6.25	7.25
121 days - 150 days	7.35	6.25	7.35
151 days - 180 days	7.4	6.25	7.4
181 days - 210 days	7.45	6.5	7.45
211 days - 240 days	7.5	6.5	7.5
241 days - 269 days	7.6	6.5	7.6
270 days - 330 days	7.65	6.5	7.65
331 days - 343 days	7.7	6.5	7.7
344 days - 354 days	7.7	6.5	7.7
355 days - 364 days	7.7	6.5	7.7
365 days - 1 Year 2 Months	7.75	6.5	7.75
Above 1 Year 2 Month - Below 1 Year 6 Months	7.75	6.5	7.75
1 Year 6 Months - Below 1 Year 7 Months	7.75	6.5	7.75
1 Year 7 Months - Below 2 Yr	7.75	6.5	7.75
2 Year - Below 2 Yr 6 Months	7.7	6.75	7.7
2 Year 6 Months - Below 2 Yr 9 Months	7.7	6.75	7.7
2 Year 9 Months -3 Yrs	7.7	6.75	7.7
Above 3 yrs -Below 61 Months	7.7	6.75	7.7
61 months and above - Upto 10 Yrs	7.35	6.75	7.35

Domestic Fixed Deposit Rates (all in %) Non-Callable w.e.f. April 11, 2023

Period	Interest Rate 5 Crs to 5.50 Cr (% p.a.)	Interest Rate above 5.50 Crs to 5.75 Crs (% p.a.)	Interest Rate above 5.75 Crs to 10.00 Cr (% p.a.)
7 days - 14 days	6	6	6
15 days - 30 days	6.25	6.25	6.25
31 days - 45 days	6.6	6.6	6.6
46 days - 60 days	6.85	6.85	6.85
61 days - 90 days	7	7	7
91 days - 120 days	7.35	7.35	7.35
121 days - 150 days	7.45	7.45	7.45
151 days - 180 days	7.5	7.5	7.5
181 days - 210 days	7.55	7.55	7.55
211 days - 240 days	7.6	7.6	7.6
241 days - 269 days	7.7	7.7	7.7
270 days - 330 days	7.75	7.75	7.75
331 days - 343 days	7.8	7.8	7.8
344 days - 354 days	7.8	7.8	7.8
355 days - 364 days	7.8	7.8	7.8
365 days - 1 Year 2 Months	7.9	7.9	7.9
Above 1 Year 2 Month - Below 1 Year 6 Months	7.85	7.85	7.85
1 Year 6 Months - Below 1 Year 7 Months	7.85	7.85	7.85
1 Year 7 Months - Below 2 Yr	7.85	7.85	7.85
2 Year - Below 2 Yr 6 Months	7.8	7.8	7.8
2 Year 6 Months - Below 2 Yr 9 Months	7.8	7.8	7.8
2 Year 9 Months -3 Yrs	7.8	7.8	7.8
Above 3 yrs -Below 61 Months	7.6	7.6	7.6
61 months and above - Upto 10 Yrs	7.45	7.45	7.45

Source- Indusind.com

Story first published: Tuesday, April 11, 2023, 15:09 [IST]

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