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Features & Benefits

IndusInd Bank has introduced the Sweep in/out Deposit facility that ensures your money with complete safety, easy liquidity to meet your urgent needs at zero cost. This type of deposit account is most suitable for individuals and corporates who are getting continuous float in CA/SB.

Features: Automatic transfer of amount to term deposit for a specific period.. In case of insufficient balance in the CA/SB account, required amount will be transferred by breaking deposits

Minimum Deposit amount:

  • Savings Account- As per the account type held, refer to specific Savings Account product feature
  • Current Account- As per the account type held, refer to specific Current Account product feature

Interest Rate: As applicable to term deposits including senior citizen benefits

TDS in Interest: Applicable to the term deposits

Deposit Tenor: 30 days to 24 months

Nomination facility: Available

Premature Closure: Allowed

How to Apply

You can open a Sweep in/out Deposit online. Click on the Apply Now button on this page, fill in your details and submit it. We will get back to you for further KYC process. Alternately, you can visit a branch and submit the Deposit Account form.


  • Application form
  • Passport size photograph
  • Proof of residence
  • Introduction letter by any IndusInd Bank existing customer
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  • Daily balance Upto Rs. 1 Lakh 4 %
  • Daily balance above Rs. 1 Lakh & upto (& including) Rs. 10 Lakhs 5 %
  • Daily balance above Rs.10 Lakhs 6 %

  • 1 year to 1 year 2 days 7 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1.5 lacs) 6.75 %
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