Senior Citizen Scheme

    IndusInd Bank offer special rates to Senior Citizens on Term Deposits.

Features & Benefits

    Special rate is applicable to Senior citizen those who have completed 60 years of age. In case of joint deposits, the first name should be of the Senior citizen.
    Deposits under Senior citizen should not be used as security for commercial purposes

    Minimum Deposit amount: Rs.25000/- No maximum

    Interest Rate: + 0.50% than the actual rate for General Public

    TDS in Interest: Applicable

    Deposit Tenor: 7 days to 120 months

    Nomination facility: Available

    Premature Closure: Allowed

Best For

    Senior Citizens who have completed 60 years of age.

Documentation

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

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