The Indus Deposit Plus is a guaranteed-return investment scheme that offers various competitive benefits with interest rates ranging from 3.25% p.a. to 7.00% p.a.to its customers. In this scheme, the primary deposit amount is placed in a fixed deposit.
The interest earned from this fixed deposit is invested in various mutual funds through SIP (Systematic Investment Plan). To open a Deposit Plus account, the minimum monthly interest payout on a fixed deposit must be at least Rs.1,000.
Given below are the main features of the Indus Deposit Plus FD scheme:
Deposit Amount | Minimum deposit: Rs.10,000 |
Rate of Interest | General public: 3.25% p.a. to 7.00% p.a. Senior citizens: 3.75% p.a. to 7.50% p.a. |
Period | Minimum duration: 7 days Maximum duration: 10 years |
Nomination | Available |
Premature withdrawal | Allowed |
The Indus Deposit Plus account provides various benefits to its customers. They are:
To open an Indus Deposit Plus account, you must meet the following requirements:
You can instantly open an Indus Deposit Plus account online. Simply follow the 3 easy steps mentioned below:
Step 1: Visit IndusInd Bank's official website
Step 2: Click on the 'Apply online' section
Step 3: Choose the 'fixed deposit' option
Step 4: Choose the 'I am an Existing Customer' tab
Step 5: Enter your mobile number and verify it through OTP
Step 6: You will be directed to the application page, where you have to fill in all your details including PAN and Aadhar numbers.
Step 7: Verify your identity and apply for the Indus Deposit Plus account successfully
Step 8: Fill in the tenure and investment amount
Step 9: Choose from the options 'Tax saver' or 'Regular' and click on the 'Select & Continue' option
Step 10: Enter your details and follow all the given instructions to successfully open the IndusInd Deposit Plus account.
To open an Indus Deposit Plus account offline, visit the nearest IndusInd Bank branch. A representative of the bank will guide you through the application process.
Here are the latest interest rates for the deposit scheme:
Tenure | Interest Rates for general public | Interest Rates for senior citizen |
7 days to 30 days | 3.25% p.a. | 3.75% p.a. |
31 days to 45 days | 3.50% p.a. | 4.00% p.a. |
46 to 60 days | 4.50% p.a. | 5.00% p.a. |
61 days to 90 days | 4.75% p.a. | 5.25% p.a. |
91days to 120 days | 5.00% p.a. | 5.50% p.a. |
121 days to 1180 days | 5.00% p.a. | 5.50% p.a. |
181 to 210 | 5.75% p.a. | 6.25% p.a. |
211 to 269 | 6.00% p.a. | 6.50% p.a. |
270 to 354 | 6.25% p.a. | 6.75% p.a. |
355 days to 364 | 6.50% p.a. | 7.00% p.a. |
1 year to below 1 year 1 month | 6.75% p.a. | 7.25% p.a. |
1 year 1 month to up to 2 years | 7.00% p.a. | 7.50% p.a. |
Above 2 years to 3 years 3 months | 6.75% p.a. | 7.25% p.a. |
Above 3 years 3 months to below 61 months | 6.65% p.a. | 7.15% p.a. |
61 months and above | 6.50% p.a. | 7.00% p.a. |
Tax saver FD (5 year) | 6.65% p.a. | 7.15% p.a. |
Note: The interest rates are applicable w.e.f. 1 August 2025.
You do not need to provide any documents when you first open your Indus Deposit Plus FD account. You will just need your Aadhar and PAN number to open the account online. However, you need to submit your KYC paperwork within one year of opening the fixed deposit.
No, you cannot open an Indus Deposit Plus FD account under a minor's name. Customers have to be above the age of 18 to open the FD account.
Yes, senior citizens opening a Deposit Plus account with deposits below Rs.2 crore with the bank will get 0.50% more interest rate than other customers.
Yes, only existing customers of IndusInd Bank will be able to open an account under the Indus Deposit Plus scheme.
You can open the Indus Deposit Plus account instantly through online application or by visiting the nearest branch of IndusInd Bank.
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.