Procedure & Documents Required to Open an FD account

Fixed deposits and an FD account have been one of the most preferred and safest investment options for Indians for years, and for good reasons. Here are a few:

The risk component is low in an FD investment, and the interest rate is fixed – certainly more than the one you’ll get on a savings account.
Fixed deposit returns do not depend on the economic performance or the equity market. Once you begin the investment, you will enjoy assured returns.
By opening a tax-saving fixed deposit account, you can also save on taxes.

Now that you know why fixed deposits are a preferred investment option to receive guaranteed stable returns, let’s address the most important question many people have – “Which bank to choose?”.

We have a straightforward answer – IndusInd Bank.

Here’s why:

The interest rate of fixed deposit is higher than other FD schemes or savings account returns.
You can instantly book and begin a fixed deposit account, thanks to an easy sign-up process by the bank.
With several other online banking product offerings (Credit Card, Personal Loan and Savings Accounts), you can enjoy a plethora of customer privileges the bank has to offer.

Now that you know which bank to choose let us see how you can quickly get started with an IndusInd fixed deposit account.

Table of Contents

How to Open an Online Fixed Deposit Account with IndusInd Bank and Document Details

For New Customers

Go to the official website of IndusInd Bank. Tap on the ‘products’ on the main menu and select “fixed deposit”.
A dedicated page for fixed deposits will open.
Click on the ‘Apply Now’ button.
If you are applying for an FD account for the first time, enter the investment amount and tenure. After that, click on ‘Select & Continue’.
Using the drop-down menu, enter your city and postal code. Next, enter the details of your PAN and Aadhar card number.
Check the box where you allow the bank to confirm your PAN and Aadhar details to proceed.
Verify by clicking the correct captcha code.
Follow the instructions shown on the website after that to complete your application.

For Existing Customers

Select the ‘IndusInd Bank Customer’ from the main menu.
Enter the tenure and the investment amount.
Select either Tax Saver’ or ‘Regular’ and click on ‘Select & Continue’.
Enter your phone number.
Follow the instructions shown on the website after that to complete your application.

How to Open an Online Fixed Deposit Account with IndusInd Bank and Document Details

Now, you don’t need to visit the bank to open an FD account. With the help of IndusInd Bank, you can open an online fixed deposit account from the comfort of your home or office. All you need to do is provide your Aadhar and PAN and you are ready to go. If you want to find out an approximate amount that you will get on maturity, you can use the online FD calculator for more details.