IndusInd Bank Recurring Deposit Interest Rates 2025

Under this RD, the holiday must be scheduled at least 12 months in advance.

Based on the package, the monthly deposit that must be made will vary. Once the RD matures, the amount that is available will be provided to Thomas Cook to execute the holiday package.

Recurring Deposit Interest Rates Offered by IndusInd Bank

Listed below are the tenure and interest rates offered by IndusInd Bank on recurring deposits:

Deposit Tenure	Interest rate for General Citizens (p.a.)	Interest rate for Senior citizens (p.a.)
9 months	6.00%	6.50%
12 months	7.00%	7.50%
15 months	7.00%	7.50%
18 months	7.00%	7.50%
21 months	7.25%	7.75%
24 months	7.50%	8.25%
27 months	7.50%	8.25%
30 months	7.50%	8.25%
33 months	7.50%	8.25%
36 months	7.50%	8.25%
39 months	7.50%	8.25%
More than 39 months to below 61 months	7.25%	7.75%
5 years and above	7.00%	7.50%

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IndusInd Bank Short-Term Recurring Deposit Interest Rates

Short-term Recurring deposits are those which has a deposit that ranges from nine months to 2 years. The interest offered to general citizens by IndusInd Bank for short-term RDs is in the range of 6.00% to 7.50% while senior citizens are offered interest ranging between 6.50% to 8.25% p.a.

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IndusInd Bank Medium-Term Recurring Deposit Interest Rates

Recurring deposits having a tenure above 2 years and up to 5 years fall under the bracket of medium-term recurring deposits. The rate of return offered by the bank is in the range of 7.25% p.a. to 7.50% for general citizens.

Citizens who fall under the category of senior citizens can avail interest between 7.75% p.a. and 8.25%  for opening a medium-term RD with IndusInd bank.

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IndusInd Bank Long-Term Recurring Deposit Interest Rates

RDs having a tenure that is more than 5 years are known as long-term RDs. The interest offered on those RDs is 7.00% p.a. Senior citizens avail additional interest of 0.50% p.a. just like on other tenures.

Under long-term RDs, the maximum tenure offered by IndusInd bank is 10 years.

RD Interest Rates by Banks

1. Uco Bank RD Interest Rates
2. Central Bank RD Interest Rates
3. Federal Bank RD Interest Rates
4. Kotak Mahindra RD Interest Rates
5. IOB RD Interest Rates
6. Citybank RD Interest Rates
7. BOM RD Interest Rates

RD Article Pages

1. Recurring Deposit Vs. Chit Fund
2. Miss to Pay the Recurring Deposit Due
3. Difference Between Recurring Deposit and SIP
4. Open RD Account through HDFC NetBanking
5. RD Account in SBI
6. Advantages of Recurring Deposit
7. Flexi RD
8. SBI Flexi RD Schemes
9. Monthly Recurring Deposit
10. Indian Bank Recurring Deposit
11. Union Bank Recurring Deposit
12. UCO Bank Recurring Deposit

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FAQs on IndusInd Bank Recurring Deposit Interest Rates

• What are the prerequisites to open a recurring deposit account with IndusInd Bank?

  The prerequisites to open a recurring deposit account with IndusInd Bank are duly filled application form; two passport-sized photographs of the applicant; current address proof; bank documentation; and any reference to IndusInd Bank recurring deposit if requested by the bank. 

• What is the tenure of IndusInd RD?

  The RD tenure offered by IndusInd Bank ranges between 12 months to 120 months. 

• Are there any extra benefits on fixed deposit of IndusInd Bank for senior citizens?

  Yes, IndusInd Bank fixed deposit scheme offers added benefits of 0.50% to the senior citizens as extra benefits. 

• Is it safe to open a recurring deposit account with IndusInd Bank?

  Yes, it is completely safe to open a recurring deposit account with IndusInd Bank. IndusInd Bank RD offers guaranteed returns at an interest rate on the principal amount as agreed by the applicant and the bank during the initiation of the RD scheme. 

• What is the procedure for opening an IndusInd Bank recurring deposit account?

  You can complete the procedure of opening an IndusInd Bank recurring deposit by visiting the branch along with the duly filled in application form. An individual can also open the recurring deposit online by visiting the bank’s official website or through mobile banking application. 

• What is the highest interest rate paid on a recurring deposit account at IndusInd Bank?

  The interest rate paid on recurring deposit account at IndusInd Bank varies depending on the tenure of the RD scheme. Currently, the bank is offering an interest rate ranging between 6.75% to 7.75%. 

• What are the key benefits of opening a recurring deposit in IndusInd Bank?

  The significant benefits of opening a recurring deposit in IndusInd Bank are minimum risk exposure; multiple options of tenure plans; allows regular deposit; interest rate earned is equivalent to fixed deposit; and provides an organised systematic savings option. 

• Can we break RD before maturity in IndusInd Bank?

  As per the bank rules, one withdrawal is permissible by the bank before the maturity period of the RD and maximum withdrawal allowe is 50% of the total deposit amount. The premature withdrawak is only allowable if the RD is operational for a minimum tenure of one year with 12 monthly deposits. 

• Is there a locking period for IndusInd RD?

    Yes, there is a locking period of one month for IndusInd RD. Premature closure of IndusInd RD will not offer any interest rate if closed within a month. 

• Does IndusInd bank allow premature closure of an RD?

  Yes, you can close a premature RD at IndusInd Bank. 

• Will TDS be deducted on IndusInd Bank RD?

  Deduction of TDS on RD totally depends on the current taxation policies.