Bandhan Bank offers 8% interest on FD; launches new tenor

Bandhan Bank offers 8% interest on FD; launches new tenor

·         The Bank offers up to 8% Interest rates on FD

·         Special offer for a tenure of 600 days

·         Bank is offering one of the highest interest rates across the industry

·         New tenor is effective November 7; will be for a limited period

Kolkata, November 07, 2022: Bandhan Bank, one of the leading universal banks has launched a special limited-period offer of higher interest rates on fixed deposits. These rates are applicable for retail deposits of up to Rs 2 crores and are effective from November 7, 2022. This will be applicable to fresh deposits as well as renewals of maturing deposits. With this new offer, Bank is offering one of the highest interest rates on Fixed Deposits across the Banking sector

With this increase, customers will get an interest rate of as high as 7.5% on deposits for a tenure of 600 days. Senior Citizens can reap the benefit of 0.50% or 50 bps more, which will take their returns to as high as 8% for a 600-day tenure FD. The Bank offers 0.75% or 75 bps higher interest rates to senior citizens for FDs of tenure less than 1 year.

Retail Domestic / Non-Resident Rupee Term Deposit Interest Rate Chart w.e.f. November 7, 2022  –

Existing customers of Bandhan Bank can also enjoy the benefits of booking or investing in FD from the comfort zones of their homes or offices through retail internet banking or mBandhan mobile app. With this online process, customers can book the FDs instantly in a hassle-free manner.