Bandhan Bank Offers Amazing FD Interest Rates

Bandhan Bank Offers Amazing FD Interest Rates

Bandhan Bank Offers Amazing FD Interest Rates
Bandhan-Bank

Bandhan Bank announced that it is offering up to 8.55% interest rate on Fixed Deposit (FD) for the tenure of 1 year, which is one of the finest FD interest rates in the banking sector. The Bank provides its senior citizen customers with the highest interest rate, which stands at 8.55%. Additionally, the other clients will receive 8.05% on the same FD tenure.

Additionally, the Bank is providing older residents with longer-term fixed deposits with a tenure of fewer than five years at an enticing interest rate of 7.75%. For the same term deposits, others will receive 7.25%. These are some of the industry’s finest rates for FD interest.

If you have more than Rs. 10 lakh in savings, Bandhan Bank will provide you with an interest rate of 7%.

The details of FD interest rate & tenure are listed below:

Maturity BucketInt. Rate for Non-Senior CitizensInt. Rate for Senior Citizens
7 D to 14 D3.00%3.75%
15 D to 30 D3.00%3.75%
31 D to less than 2 M3.50%4.25%
2 M to less than 3 M4.50%5.25%
3 M to less than 6 M4.50%5.25%
6 M to less than 1 Y4.50%5.25%
1 Y8.05%8.55%
1Y1D to 1Y 9M8.00%8.50%
1Y 9M 1D to less than 2 Y7.25%7.75%
2 Y to less than 3 Y7.25%7.75%
3 Y to less than 5 Y7.25%7.75%
5 Y to up to 10 Y5.85%6.60%
Tax Saver Fixed Deposit7.00%7.50%

Through retail internet banking or the mBandhan mobile application, Bandhan Bank customers may take advantage of the convenience of booking or investing in foreign exchange from the comfort of their homes or offices. Customers can quickly and easily book the FDs with this online approach in a matter of minutes.

Priyanka Dutta

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