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Overview

You can now avail of foreign currency demand draft facility for making payments abroad for educational payments, medical fees or migrating to other countries.

With IndusInd bank now you can avail of foreign currency demand draft in leading currencies such as;

  • United States Dollars (USD)
  • Great Britain Pounds (GBP)
  • Euro (EUR)
  • Australian Dollars (AUD)
  • Canadian dollars (CAD)
  • New Zealand Dollars (NZD)
  • Singapore Dollars (SGD) and others

Benefits

  • Cannot be misused as it is made favouring the beneficiary
  • Convenient to carry
  • Safe, can be reissued if lost or stolen
  • Offered in a variety of currencies

Fees & Charges

INR 300/ + Service tax + Forex Conversion Tax

How to Apply

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  • SAVINGS RATES

  • Daily balance upto Rs.10 Lakhs 4 %
  • Daily balance above Rs.10 Lakhs and upto Rs.1 Crore 5 %
  • Daily balance above Rs.1 Crore and upto Rs 10 Cr 5.5 %
  • Daily balance above Rs.10 Crore 6 %

  • DEPOSIT RATES

  • 1 year to 1 year 2 months 6.85 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1.5 lacs) 6.5 %
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