FD Rates: This bank has increased interest rates on FD, know how much will be earned on investment of Rs 1 lakh..

Private sector IndusInd Bank has announced an increase in interest rates for FDs less than Rs 2 crore. After this, now common investors will get interest ranging from 3.50 percent to 7.75 percent on FD.

At the same time, the bank is giving interest ranging from 4 to 8.25 percent to senior citizens. The new interest rates have become effective from February 6. Please note, the bank is offering FD ranging from 7 days to 10 years.

Interest rates for general investors in IndusInd Bank-
7 days to 14 days – 3.50 percent

15 days to 30 days -3.50 percent

31 days to 45 days – 3.75 percent

46 days to 60 days – 4.75 percent

61 days to 90 days – 4.75 percent

91 days to 120 days – 4.75 percent

121 days to 180 days – 5.00 percent

181 days to 210 days – 5.85 percent

211 days to 269 days – 6.10 percent

270 days to 354 days – 6.35 percent

355 days or 364 days – 6.50 percent

1 year to less than 1 year 6 months - 7.75 percent

1 year 6 months to less than 1 year 7 months - 7.75 percent

1 year 7 months to 2 years – 7.75 percent

More than 2 years up to 2 years 1 month – 7.25 percent

More than 2 years 1 month to less than 2 years 6 months - 7.25 percent

2 years 6 months to less than 2 years 9 months - 7.25 percent

2 years 9 months to 3 years 3 months - 7.25 percent

More than 3 years, 3 months to below 61 months - 7.25 percent

Above 61 months – 7.00 percent

Indus Tax Saver FD – 7.25 percent

Additional interest to senior citizens-
The bank is giving additional interest of 0.50 percent to senior citizens. The bank is offering a maximum interest of 8.25 percent on FDs of 1 year to less than 1.5 years.

Axis Bank increased the interest rate-
Axis Bank has increased the interest rate on FDs of less than Rs 2 crore. The bank is offering interest ranging from 3.50 percent to 7.20 percent on FDs of 7 days to 10 years.

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