FD interest rates: Invest in Bank FDs and earn over 200,000 rupees in interest. This bank is offering the best returns. See the full calculation here.

Today, we’re going to tell you about a bank FD where you can invest your money and earn a return of over ₹2 lakh. We’re talking about IndusInd Bank. Let’s learn more about IndusInd Bank’s FD.

FD interest rates: Bank FDs, or fixed deposits, are an excellent investment option. Investing your money in bank FDs allows you to secure profits. Different banks across the country offer different interest rates on their FDs. FD interest rates also vary depending on the term of the FD. If you also invest your money in bank FDs, this news will be very important for you.

Today, we’re going to tell you about a bank FD where you can invest your money and earn a return of over ₹2 lakh. We’re talking about IndusInd Bank. Let’s learn more about IndusInd Bank’s FD.

IndusInd Bank FD Interest Rates

IndusInd Bank offers its customers a variety of FDs with different tenures. These FDs offer different interest rates. The interest rates for these FDs are as follows.

1 year – 6.75 percent
2 years – 6.90 percent
3 years – 6.90 percent
5 years – 6.65 percent

IndusInd Bank FD Returns Rs 2 Lakh

If you invest Rs 5 lakh in an IndusInd Bank FD with a tenure of 5 years, you will receive a total of Rs 6.75 lakh upon maturity. This translates to a profit of approximately Rs 1.95 lakh. The interest rate for senior citizens is 7.15 percent. Therefore, senior citizens will receive a total of Rs 7.12 lakh upon maturity. This translates to a total profit of Rs 2.12 lakh.

You can also invest your money in IndusInd Bank’s 2- or 3-year FDs. The interest rates for these two periods are 6.90 percent. Therefore, if you invest Rs 5 lakh in a 2-year FD, you will earn a profit of Rs 73,313. A 3-year FD will yield a profit of Rs 113,907.

The post FD interest rates: Invest in Bank FDs and earn over 200,000 rupees in interest. This bank is offering the best returns. See the full calculation here. first appeared on informalnewz.

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