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Features & Benefits

With IndusInd Regular Recurring Deposit we encourage your regular savings, where in you can invest a fixed amount every month for a fixed period.

Fixed monthly installments are being remitted to Recurring Deposit by a Standing Order, ECS mandate or by regular direct remittance

Opening Balance: INR.500/-

Interest Rate: As applicable for term deposits including the benefits of senior citizens

TDS in Interest: No TDS as per current regulations

Deposit Tenor: 12 months to 120 months

Nomination facility: Available

Premature Closure: Allowed

How to Apply

You can open a Regular Recurring Deposit online. Click on the Apply Now button on this page, fill in your details and submit it. We will get back to you for further KYC process. Alternately, you can visit a branch and submit the Deposit Account form.

Documentation

  • Application form
  • Passport size photograph
  • Proof of residence
  • Introduction letter by any IndusInd Bank existing customer
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  • SAVINGS RATES

  • Daily balance upto 1 lac 5.5 %
  • Daily balance above 1 lac 6 %
  • DEPOSIT RATES

  • 1 year to below 1 years 2 months 9.25 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1 lac) 8.75 %
Mutual Fund

Enjoy many advantages of Mnds over other forms and avenues of investing

Suvarna Mudra

The purest form of gold at attractive prices

Life Insurance

Aviva Life Insurance Company India Limited

Tax Payment

Enjoy a peace of mind while you relax and see your hard earned money work for you

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