Green Fixed Deposit – Open High Interest Rates FD Account Online

Green Fixed Deposits Overview

We are proud to introduce ‘Green Fixed Deposits’ that gives you an opportunity to create a positive impact on the environment along with earning interest on your deposits.

These deposits will contribute to development of projects which has a positive impact on our surroundings and the society at large.

High Interest rates

Hassle Free Instant online booking

Flexible Tenure

Flexible options for interest payment

Objective

IndusInd Bank will deploy proceeds from these deposits in organisations supporting the United Nations Sustainable Development Goals (SDGs).
Mentioned below are a few sectors these organisations are involved in:

Energy Efficiency
Renewable Energy
Green Transport
Sustainable Food
Agriculture
Forestry
Waste Management
Greenhouse Gas Reduction

Features & Benefits of Green Fixed Deposit

Higher rate of interest up to 6.5% per annum

Additional returns for the senior citizens of 0.50% per annum

Deposits backed by insurance for up to Rs. 5 lac

Low pre-mature withdrawal charges of only 1%

Assurance certification from a reputed external consulting firm

How to book FD instantly?

Web application	Indus Mobile	Indus Net
Applicable for Non-IndusInd customers as well • Verify your PAN & Aadhar • Fill in Personal and FD Details • Complete Video-KYC • Fund your FD Apply for Instant FD	Step 1: Login through your internet banking ID and choose the deposit option. Step 2: Click on ‘Create Fixed Deposit’, fill out the form precisely. Step 3: On successful submission, the amount is transferred from your savings account.	Step 1: Select the deposit option on your mobile banking account. Step 2: Click on ‘Open FD’ and fill your details. Selected the amount you wish to add to your FD from your saving account.

Terms and Conditions/ features (To be read along with T & C for fixed deposits)

Eligibility criterion for a fixed deposit to be eligible as Green Fixed Deposit

1. If fixed deposit is opened for a specific tenor/ value as identified as Green Fixed deposit in fixed deposit rate Card
2. Any fixed deposit getting auto renewed and falling under tenor/Value as mentioned as Green Fixed Deposit in fixed deposit rate card as on date of renewal
3. Click Here for FAQs

Fixed deposit will cease to be Green Fixed Deposit in following events:
1. If any overdraft facility availed against such Green Fixed deposit
2. In the event of Green Fixed Deposit closure (full/ part) prior to maturity

Disclaimer

You agree that IndusInd Bank will ensure on a reasonable efforts basis to utilize the deposit amount set out above to finance IndusInd Bank’s asset pool of sustainable/ green themed projects, which adhere to the UNSDGs (United Nations Sustainable Development Goals) guidelines, in the course of our usual business. Proceeds from these deposits will be utilised to finance wide array of sectors under UNSDGs based themes which shall include inter alia energy efficiency, renewable energy, green transport, sustainable food, agriculture, forestry, waste management, and greenhouse gas reduction. The end use of such deposits mobilized will be monitored and an external third part assurance certificate will be published on our website. IndusInd Bank reserves its rights to deploy the Green & Sustainable deposit proceeds to finance Bank’s regular assets in its normal course of business. (i.e. other than such UNSDG themed assets).