IndusInd Bank has surprised millions of customers by reducing its FD interest rates.
One of the country’s leading private sector banks, IndusInd Bank has revised the rates for fixed deposits (FDs) below ₹3 crore.
Now, general citizens can earn a maximum interest rate of 7.75%, while senior citizens will get 8.25%.
These new rates apply to FDs with a tenure of 1 year 5 months to less than 1 year 6 months.
IndusInd Bank Reduces FD Interest Rates
IndusInd Bank has revised its FD interest rates, now offering 3.50% to 7.75% for general customers and 4% to 8.25% for senior citizens.
Previously, these rates were 7.99% for general customers and 8.49% for senior citizens for the same tenure. The new rates have been effective since February 24, 2025.
This change comes after the RBI reduced the repo rate, prompting the bank to adjust its FD rates accordingly.
IndusInd Bank has revised the interest rate on FD
IndusInd Bank has revised its FD interest rates for deposits below ₹3 crore. General customers will now earn interest ranging from 3.50% to a maximum of 7.75%.
The bank provides general customers with a maximum interest rate of 7.99%.
The bank offers 0.50% additional interest to senior citizens compared to general customers.
The bank offers senior citizens a maximum interest rate of 8.49%. These new FD interest rates have been effective since November 26, 2024.
Fixed Deposit Rates for IndusInd Bank
7 to 30 days – 3.50%
31 to 45 days – 3.75%
46 to 60 days – 4.75%
61 to 90 days – 4.75%
91 to 120 days – 4.75%
121 to 180 days – 5.00%
181 to 210 days – 5.85%
211 to 269 days – 6.10%
270 to 354 days – 6.35%
355 to 364 days – 6.50%
1 year to 1 year 3 months – 7.75%
1 year 3 months to 1 year 4 months – 7.75%
1 year 4 months to 1 year 5 months – 7.75%
1 year 5 months to 1 year 6 months – 7.75%
1 year 6 months to 2 years – 7.75%
2 years to 2 years 6 months – 7.25%
2 years 6 months to 2 years 7 months – 7.25%
2 years 7 months to 3 years 3 months – 7.25%
3 years 3 months to 61 months – 7.25%
61 months and above – 7.00%
Tax-saving FDs (5 years) – 7.25%
