How to Open IndusInd Bank Fixed Deposit Online

Fixed deposit (FD) is a safe investment option if you wish to maximise your savings without taking too much risk. IndusInd Bank is one of the banks in India which offers their customers to open an FD account.

If you are a customer of IndusInd Bank, then you can easily open an IndusInd Bank Fixed Deposit account. We will list down the steps you will have to follow to open an FD account both online and offline.

Steps to apply for IndusInd FD Online

• Visit the official website of IndusInd Bank and on the menu section, under ‘Products’ click on ‘Deposit’, and click on ‘Fixed Deposit’.
• You will be directed to the Fixed Deposit page of the bank.
• You will see the ‘Apply Now’ button. Click on it.
• If you are a new customer, then provide the investment amount and tenure and click on ‘Select & Continue’.
• From the drop-down menu select the city in which you reside, and provide the details of your Aadhaar/VID, and give your PAN Number.
• Tick the box where you authorize the bank to verify the details of your Aadhaar and PAN so that you can open an FD account.
• Enter the captcha code in the box and click on ‘Verify’.
• Follow the steps after that to successfully apply for IndusInd FD.
• If you are an existing customer, then click on ‘IndusInd Bank Customer’.
• Provide the investment amount and tenure.
• Choose either ‘Regular’ or ‘Tax Saver’ and click on ‘Select & Continue’.
• Provide your mobile number and enter the characters you see on the screen in a box. Click on ‘Enter’.
• Follow the instructions as given which will also include submitting the necessary documents. Once that is done, you will be able to open an IndusInd Bank FD account successfully.

Steps to apply for IndusInd FD Offline

You can open an FD account offline by visiting the nearest IndusInd Bank branch. Fill the application form and submit it along with all the required documents. A representative from the bank will also help you with the application process. Once all the documents have been submitted, the bank will verify them. If all the details are found to be correct, you will be able to open an FD account successfully.

Frequently Asked Questions (FAQs)

1. Who is eligible to open an online fixed deposit account with IndusInd?

   Any Indian resident above the age of 18 with a valid PAN card is eligible to open an online fixed deposit account with Induslnd Bank.

2. I am not an Induslnd Bank account holder. Can I open an online fixed deposit account?

   Yes, Induslnd Bank offers this service to both customers of the bank and non-customers. If you do not have an account with the bank, you can use your Aadhar number and PAN card to open an FD.

3. How long will it take to open the fixed deposit account?

   If the funding source is a savings account of Induslnd Bank, then your FD will be opened right away. However, if the source of funds is from another bank, the FD will be opened within 2 working days after applying.

4. Can an online FD account be opened under a minor’s name in IndusInd Bank?

   No, you cannot open an online FD account under a minor’s name in IndusInd Bank.

5. What documents do I need to provide to open a fixed deposit account?

   Existing customers are not required to submit any documents while opening the fixed deposit account. New customers, on the other hand, would be required to verify their identity using their Aadhaar number, OTP, and PAN card information.