If you are considering opening a new savings account with IndusInd Bank, you can check the IndusInd bank savings account interest rates listed in this blog. The bank offers competitive interest rates, benefits and advantages, and different types of savings accounts. 

What is IndusInd Bank Savings Account?

A savings account is a type of bank deposit designed primarily to hold money for the short term. It typically pays a moderate interest rate on the deposited amount, which is ideal for temporarily parking cash and withdrawing it as and when required. 

At IndusInd Bank, you can choose from 20+ types of savings accounts to suit your different needs. They all have different eligibility criteria, minimum balance requirements and interest rates. 

Types of Savings Account in IndusInd Bank

These are the different types of savings accounts you can open at IndusInd Bank:

• Indus Max Active Savings Account
• Indus Young Saver Savings Account
• Indus Maxima Savings Account
• Indus Partner Savings Account
• Indus Classic Savings Account
• Indus Multiplier Max Savings Account
• Indus Stox 3-in-1 Account
• Indus Exclusive Savings Account
• Indus Easy Savings
• Indus Diva Women Savings Account
• Indus Privilege Savings Account
• Indus Select Savings Account
• Indus Senior Citizen Savings Account
• Indus Privilege Max Savings Account
• Indus Small Savings Account
• Indus Delite: Zero Balance Savings Account
• Indus Digi Start
• PIONEER Banking and Wealth Management

Features and Benefits of IndusInd Bank Savings Account

Here are the features and advantages of different types of IndusInd Savings Accounts:

For more detailed information on the features and benefits, you may visit the official website of IndusInd Bank.

How to Open an IndusInd Bank Savings Account Online?

IndusInd Bank makes it easy to open a savings account online with a seamless, user-friendly process to fulfil your various banking needs. Here’s how you can open a new bank account with IndusInd Bank online in just a few simple steps:

• Visit the official website of the bank and click on ‘Apply Now’ under the Savings Account section. Then, you have to choose your account number. You can enter your mobile number, which is used to auto-generate the last 10 digits of your account number, but you can also get a personalised number. 
• Now, you have to provide essential information such as your name, contact details, date of birth, and address. You will also need to submit your Aadhaar and PAN details for verification.
• After your account is verified, you have to deposit funds as an initial funding balance. 
• IndusInd Bank offers a convenient video KYC process and allows you to verify your identity via a quick video call. You can complete the process in a few minutes.

With a fully paperless application process, you can enjoy exclusive rewards and benefits without physically visiting a branch.

How Much Minimum Balance is Required in IndusInd Bank?

Follow this table to know the IndusInd Bank saving account minimum balance for different types of accounts: 

IndusInd Bank Savings Account Interest Rate 2025

Here is the information for IndusInd bank interest rates on savings accounts: 

IndusInd Bank Savings Account Interest Rate for Senior Citizens

Suppose you are a resident individual in India aged 60 or above. In that case, you can open an Indus Senior Citizen Savings Account. Though you do not get any additional savings account interest rate benefits, you will get an additional 0.5% interest on FDs. The Senior Citizen Savings Account offers discounts on locker charges, zero balance requirements, and free family accounts. 

Penalty for Not Maintaining Minimum Balance in IndusInd Bank Savings Account

If you do not maintain the minimum balance in your account, you may have to pay some charges based on the account type. Here are the applicable penalties:

To conclude, per the latest IndusInd bank savings account interest rate, you can get up to 7% interest with deposits above ₹10 lakh. If you want to open a new bank account, you can complete it in easy steps at home. For any questions related to IndusInd Bank’s services, you can call their customer support team at 1860 267 7777.

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