Regular Recurring Deposit

    IndusInd Bank accumulates your monthly installments with high yield through its Recurring Deposit Scheme.

Features & Benefits

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

    Opening Balance: Rs.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

Best For

    Business class and Self employed with varying income stream


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


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