After the hike, regular depositors can now earn the highest interest rate of up to 7.5% and senior citizens can earn up to 8.25%.
IndusInd Bank FD Rates
Interest rates below 1-year tenure
According to the IndusInd Bank website, the bank is now offering interest rates of 3.50% on fixed deposits that mature between 7 and 30 days and 4.00% on those that mature between 31 days and 45 days. As of right now, the bank is offering interest rates of 4.50% for deposits maturing between 46 days and 60 days and 4.60% for deposits maturing between 61 days and 90 days. Fixed deposits that mature between 91 days and 120 days will earn interest at a rate of 4.75%, and those that mature between 121 days and 180 days will earn interest at a rate of 5.00%. On fixed deposits that mature between 181 days and 210 days, the bank now pays an interest rate of 5.75%. The bank now offers an interest rate of 5.80% on deposits that mature between 211 days and 269 days.
IndusInd Bank offers an interest rate of 6% on deposits maturing between 270 days and 354 days and 6.75% on deposits maturing between 355 days and 364 days.
Interest rate between 1 year to below 2 years
An interest rate of 6.25% will be paid on deposits that mature between 355 days and 364 days. Deposits maturing between one year and one year and six months will now earn interest at a rate of 7%. Fixed deposits maturing between one year and six months and two years will now earn interest at a rate of 7.25%.
Interest rate between two years to three years three months
On fixed deposits maturing between two years and three years and three months, the bank will now provide a maximum return of 7.50%.
Above three years three months
The bank will now offer an interest rate of 7.25% for deposits mature between three years and up to 61 months. Deposits placed under the Indus Tax Saver Scheme (5 years) will now receive a 7.25% interest rate, and deposits maturing in 61 months or more will now earn a 7.00% interest rate.
IndusInd Bank FD rates w.e.f February 16, 2023
| Tenure | FD rate for public (%) | FD rate for senior citizens (%) |
| 7 days to 14 days | 3.5 | 4 |
| 15 days to 30 days | 3.5 | 4 |
| 31 days to 45 days | 4 | 4.5 |
| 46 days to 60 days | 4.5 | 5 |
| 61 days to 90 days | 4.6 | 5.1 |
| 91 days to 120 days | 4.75 | 5.25 |
| 121 days to 180 days | 5 | 5.5 |
| 181 days to 210 days | 5.75 | 6.25 |
| 211 days to 269 days | 5.8 | 6.3 |
| 270 days to 354 days | 6 | 6.5 |
| 355 days to 364 days | 6.25 | 6.75 |
| 1 Year to below 1 Year 6 months | 7 | 7.5 |
| 1 Year 6 months to below 1 Year 7 months | 7.25 | 7.75 |
| 1 Year 7 months to below 2 years | 7.25 | 7.75 |
| 2 years up to 2 Years 1 month | 7.5 | 8.25 |
| Above 2 years 1 month to below 2 years 6 months | 7.5 | 8.25 |
| 2 years 6 months to below 2 years 9 months | 7.5 | 8.25 |
| 2 years 9 months to 3 years 3 months | 7.5 | 8.25 |
| Above 3 years 3 months to below 61 month | 7.25 | 7.75 |
| 61 month and above | 7 | 7.5 |
| Indus Tax Saver Scheme (5 years) | 7.25 | 7.75 |
Senior Citizens
According to the bank website, “Please note the additional 0.75% over and above card rates applicable for term deposits of senior Citizens (age 60 years and above) for value below Rs 5 crore (Callable) and tenor greater than 2 years up to three years and 3 months (Not applicable for NRO/NRE Deposits). For rest tenors, the additional benefit is 0.50% over and above card rates.”
