Flexi Recurring Deposit

    IndusInd Bank guarantee higher return on your recurring deposit along with the flexibility of varying monthly installments.

Features & Benefits

    Features: Recurring Deposits are treated as unit of Rs. 100/-

    Opening Balance: Rs.1000/-

    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

Best For

    Business class and Self employed with varying income stream

Documentation

    • Application form
    • Passport size photograph
    • Proof of Residence
    • Introduction

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