Booking a fixed deposit (FD) account has never been easier! No need to visit a bank, stand in long queues, or submit cumbersome paperwork. With IndusInd Bank, you can open an FD account instantly from the comfort of your home.
Moreover, when you open an FD online with IndusInd Bank, you can choose the type of fixed deposit you want, the amount you wish to transfer, and the maturity period that is convenient for you. All resident Indians who are at least 18 years of age and have a valid PAN card can open an FD with IndusInd Bank.
To help you out, here is a step-by-step guide for opening an FD online.
Step 1: Online Application
For this step, visit the official webpage for IndusInd Bank FD and click ‘Apply Now.’
You will be redirected to a page with two separate application forms – one for existing customers and one for new customers. If you do not have an account with IndusInd Bank, you can still open an FD by providing your Aadhar Card and PAN Card details.
Also, it’s necessary to register your mobile number before starting your application, as it will be used throughout the FD term for two-factor authentication and sending notifications.
Step 2: Fill in the Details of Your FD and Authenticate Yourself
After entering your personal information, you can choose the type of fixed deposit suitable for you. State the tenure of maturity and the FD amount.
If you are an existing IndusInd Bank customer, you can book an FD for any amount ranging from 10,000 to Rs. 10,00,000. For new customers, the maximum limit is Rs. 90,000. You can book an FD for any term between 6 months to 10 years.
After filling in your FD details, you will receive a One-Time Password (OTP) on your registered mobile number. Enter the OTP to authenticate yourself.
Step 3: Transfer Funds Online to Create Your Deposit
For the final step, you must transfer the desired amount to your FD account.
Existing IndusInd Bank customers can use IndusNet Banking or IndusMobile app to transfer funds instantly from their IndusInd Bank Savings Account. If you are a new customer, you can pull funds from other banks to book the online fixed deposit via digital payment options such as debit card, UPI fund transfer, and net banking.
IndusInd Bank will create your fixed deposit as soon as it receives the funds. Upon successful booking, they will send you the FD account details via email.
In Summary
Opening an FD online with IndusInd Bank is a simple task, and you do not have to be a computer expert to do so. Follow this user-friendly guide to create your FD within minutes.
If you are worried that your data might be compromised, do not worry! All your personal and financial information is safe with IndusInd Bank. So why wait? Book an FD with the bank today and start growing your idle wealth.