The bank has reduced interest rate by 25 basis points (bps) on tenure of 1 Year 7 months up to 2 Years from 7.75 to 7.50 percent for general citizens. The bank now offers an interest rate of 3.50 per cent on FDs with maturities between 7 days to 30 days. For FDs maturing between 31 and 45 days, the bank offers an interest rate of 4 per cent.
For FDs maturing between 46 and 60 days, the bank offers an interest rate of 4.5 per cent. For fixed deposits maturing in 61 and 90 days, the bank offers an interest rate of 4.6 per cent. IndusInd Bank offers an interest rate of 5 per cent for FDs maturing between 91 and 120 days.
For FDs maturing between 121 and 180 days, the bank offers an interest rate of 5 per cent. After the revision, the bank offers an interest rate of 5.85 per cent on FDs maturing between 181 to 210 days. The bank offers an interest rate of 6.10 per cent for FDs maturing between 211 and 269 days.
IndusInd Bank offers an interest rate of 6.35 per cent for deposits maturing between 270 and 364 days. The bank now offers an interest rate of 7.50 per cent on fixed deposits maturing between one year and two years. For FDs maturing in more than two years and three years and three months, the bank offers an interest rate of 7.25 per cent.
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