IndusInd Online Fixed Deposit can be opened instantly. Just follow the below 3 simple steps:
Step 1 – Visit www.IndusInd.com and fill up the online application.
Step 2 – Check the suitable Fixed Deposit type and authenticate your-self
Step 3 - Complete the application and transfer fund online for deposit creation
Your Fixed Deposit shall be created and a copy of deposit details shall be sent to you.
Your deposits with IndusInd Bank are insured for up to Rs 5 Lakhs by the DICGC (Deposit Insurance and Credit Guarantee Corporation of India, a wholly owned subsidiary of the Reserve Bank of India). Terms & Conditions as defined by DICGC apply.
You can pull funds from other banks to book the online fixed deposit via Debit Card, UPI & Net Banking. Existing IndusInd Bank customers can use their IndusNet Banking to book an FD
If funding is from IndusInd Bank Savings account deposit will be opened immediately.The deposit shall be opened within 2 working days after the application is initiated if funding is from other bank, subject to payment realisation from your debiting Bank and credit from the Payment partner
The interest rates applicable for IndusInd Fixed Deposit can be seen here
Existing IndusInd Bank customers can book an FD for any amount ranging from 10,000 to Rs. 10Lakhs. New customers can book an FD for an amount ranging from 10,000 to Rs. 90,000 only. You can book an FD with Minimum tenure of 6 month and maximum of 10 years.
Not necessarily. This facility is available to both IndusInd Bank Customers & Non-customers. Non- IndusInd Bank customers, too can open an FD using their Aadhaar number, OTP and PAN card.
Existing customers do not need to provide any documents. However, new customers will need to validate themselves using Aadhaar number, OTP & PAN card details. This is an online process, and NO documentation is required.
Eligibility
All resident individuals over and above 18 years of age with valid PAN are allowed to open IndusInd Fixed Deposit online
No, the online fixed deposit account cannot be opened in the name of a minor
Fixed Deposit Redemption
YYou can redeem the Fixed deposit by visiting nearest IndusInd Branch. IndusInd Bank Account holders (Savings/ current) can also do so online using IndusNet/ IndusMobile Application
Interest/Maturity can be credited to the linked IndusInd Savings Account. If you do NOT hold an IndusInd Savings account, the amount, post maturity will be sent to you via a Demand Draft in your name.