Bandhan Bank Hikes Fixed Deposit Rates: Earn Up to 7.95% Interest on 2 to 3-Year FDs
In excellent news for fixed-income investors and retirees seeking high-yield savings options, Bandhan Bank has revised its Fixed Deposit (FD) interest rates. The private sector lender is now offering a peak interest rate of 7.95 per cent for senior citizens on tenures ranging from 2 years to less than 3 years. Regular depositors can earn an impressive 7.45 per cent for the same investment duration.
For longer-term tenures of 3 to under 5 years, the bank offers fixed interest rates of 7.75% for senior citizens and 7.25% for general public customers.
Latest Bandhan Bank FD Interest Rates Table
Here is the revised tenure-wise breakdown of interest rates offered on domestic term deposits below ₹3 crore:
| Tenure | Regular Customers (%) | Senior Citizens (%) |
|---|---|---|
| 7 days – 14 days | 2.95% | 3.70% |
| 15 days – 30 days | 2.95% | 3.70% |
| 31 days – less than 2 months | 3.45% | 4.20% |
| 2 months – less than 3 months | 4.20% | 4.95% |
| 3 months – less than 6 months | 4.20% | 4.95% |
| 6 months – less than 1 year | 4.20% | 4.95% |
| 1 year | 7.00% | 7.50% |
| 1 year 1 day – 1 year 9 months | 7.00% | 7.50% |
| 1 year 9 months 1 day – less than 2 years | 7.00% | 7.50% |
| 2 years – less than 3 years | 7.45% | 7.95% |
| 3 years – less than 5 years | 7.25% | 7.75% |
| 5 years – 10 years | 5.85% | 6.60% |
Savings Account & FCNR(B) Rates for Overseas Investors
Beyond domestic fixed deposits, Bandhan Bank continues to offer an attractive interest rate of 6.5 per cent on savings account balances ranging above ₹5 lakh up to ₹10 lakh.
For Non-Resident Indian (NRI) clients, the bank has also enhanced returns on Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits in US Dollars. USD-denominated deposits of $1 million and above for tenures between 3 to 5 years now fetch an interest rate of 7.1 per cent, while deposits below $1 million yield 7.0 per cent, enabling NRI investors to lock in high yields while mitigating exchange rate volatility.
