Bandhan Bank FD Rate: Bandhan Bank , one of the leading private banks of the country, has increased the interest on Fixed Deposit. The bank has implemented these rates from January 5, 2023.
Bandhan Bank is now offering 3.00% to 7.50% interest to general public and 3.75% to 8% interest to senior citizens on FDs maturing in 7 days to 10 years. The bank is offering a maximum interest of 7.50% to general public and 8% to senior citizens on FDs of 600 days (1 year, 7 months, 22 days). These new rates are available on FDs of Rs 2 crore or less. The benefit of these new rates will be available only to new FDs or FDs that are being renewed.
Bandhan Bank FD Rates
The bank is offering 3.00% interest on FDs maturing in 7 days to 30 days. Bandhan Bank is offering an interest of 3.50% on FDs maturing in less than 31 days to 2 months. Bandhan Bank is offering 4.50% interest on FDs of 2 months to less than 1 year. The bank is now offering 7.25% interest on FDs of 1 year to 599 days. These rates are for common people. At the same time, senior citizens are being given 0.50 percent more interest.
Senior citizens are getting 8 percent interest
With the new increase of Bandhan Bank, customers are offering the highest interest of up to 7.50% to the general public on FDs of 600 days. At the same time, senior citizens will get an additional interest of 0.50% i.e. 50 bps. They ie senior citizens are getting 8% return on FDs of more than 600 days. Senior citizens will get 0.75% or 75 bps higher interest on FDs maturing in less than 1 year. The bank is offering 5.85 per cent interest on FDs of 5 to 10 years.
Bandhan Bank’s FD can be taken sitting at home
Existing Bandhan Bank customers can also enjoy the benefits of booking or investing in FDs at the convenience of their homes or offices through Retail Internet Banking or M Bandhan Mobile App. With this online process, customers can book FDs instantly from the comfort of their homes without any hassle.
| Maturity Bucket | Interest Rates for Non-Senior Citizens | Interest Rates for Senior Citizens |
| 7 days to 14 days | 3.00% | 3.75% |
| 15 days to 30 days | 3.00% | 3.75% |
| 31 days to less than 2 months | 3.50% | 4.25% |
| 2 months to less than 3 months | 4.50% | 5.25% |
| 3 months to less than 6 months | 4.50% | 5.25% |
| 6 months to less than 1 year | 4.50% | 5.25% |
| 1 year to 599 days | 7.25% | 7.75% |
| 600 days (1 year, 7 months, 22 days) | 7.50% | 8.00% |
| 601 days to less than 2 years | 7.25% | 7.75% |
| 2 years to less than 3 years | 7.25% | 7.75% |
| 3 years to less than 5 years | 7.25% | 7.75% |
| 5 years to up to 10 years | 5.85% | 6.60% |
