What is the highest IndusInd Bank FD rate for senior citizens?

The highest IndusInd Bank Senior Citizen FD rate is 7.75% p.a. For 5 to 10 years.

Is IndusInd Bank FD Safe for Senior Citizens?

IndusInd Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from an IndusInd Bank FD?

Yes. IndusInd Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open an IndusInd Bank Senior Citizen FD?

The minimum amount required to open an IndusInd Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on IndusInd Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on IndusInd Bank Senior Citizen Fixed Deposits is taxable as per the investor's applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

IndusInd Bank Senior Citizen Fixed Deposit Rates

Name: IndusInd Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.9 (12502 reviews)

IndusInd Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.75% p.a. across tenures of 7 days to 10 years. Continue reading for the latest IndusInd Bank Senior Citizen FD rates and special FD schemes for senior citizens.

IndusInd Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.75%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

IndusInd Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of IndusInd Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 days to 30 days	3.75%
31 days to 45 days	4.00%
46 days to 60 days	5.00%
61 days to 90 days	5.25%
91 days to 180 days	5.50%
181 days to 210 days	6.25%
211 days to 269 days	6.50%
270 days to 364 days	6.75%
1 Year to below 1 Year 6 Month	7.25%
1 Year 6 months to below 1 Year 7 months	7.40%
1 Year 7 months to below 2 Years	7.40%
2 Years to 3 Years	7.75%
Above 3 Years up to below 61 Months	7.15%
61 Months and above	7.00%
Tax Saver (5 years)	7.15%

ALSO READ: Best Fixed Deposit Interest Rates in June

Use the IndusInd Bank FD Calculator below to estimate the maturity amount and interest earned on your IndusInd Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

IndusInd Bank Senior Citizen FD Rates (Above ₹3 Crore)

IndusInd Bank offers a separate set of FD interest rates for senior citizens looking to invest more than ₹3 crore, depending on the tenure. Here is a quick breakdown of senior citizen FD rates above 3 crore-

Tenure	Senior Citizen FD Rates (per annum)
7-14 Days	4.90%
15 days to 30 days	5.00%
31 days to 45 days	5.45%
46 days to 60 days	5.95%
61 days to 90 days	6.20%
91 days to 120 days	6.35%
121 days to 180 days	6.45%
181 days to 210 days	6.77%
211 days to 364 days	6.87%
1 year to below 1 year 1 month	7.24%
1 year 1 month to 3 Years	7.45%
Above 3 years to below 61 months	7.13%
61 months and above	7.03%

Compare IndusInd Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than IndusInd Bank for specific tenures. The table below compares IndusInd Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
IndusInd Bank	7.75% (2 to 3 Years)
Shivalik Small Finance Bank	8.30% (21 to 22 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (24 to 36 Months)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
ICICI Housing Finance	7.35% (48 to 60 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Bank of Baroda	7.25% (555 Days)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Central Bank of India	6.75% (2 yr to less than 3 years)