Bandhan Bank offers fixed deposits with attractive interest rates and flexible tenures ranging from 7 days to 10 years. It provides easy online booking, higher rates for senior citizens, and multiple interest payout options, including monthly, quarterly, and on maturity. Use the calculator to estimate your potential earnings and maturity amounts, making it simple to plan your investments.
Here is the interest rate table for fixed deposits of less than 3 crore (minimum 1,000):
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 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 less than 1 year 9 months | 7.25 | 7.75 |
| 1 year 9 months | 8.00 | 8.50 |
| 1 year 9 months 1 day 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 |
Data last updated on 01/09/2024. Check latest interest rates here.
Bandhan Bank FD Calculator
Bandhan Bank FD FAQs
Is TDS applicable on interest earned from Bandhan Bank Fixed Deposits?
Yes, TDS is deducted if the interest exceeds ₹40,000 for general customers and ₹50,000 for senior citizens. You can submit Form 15G/15H if your income is below the taxable limit.
What is the minimum amount required for a Tax Saver Fixed Deposit?
The minimum amount required is ₹1,000.
Can I withdraw my Fixed Deposit prematurely?
Yes, premature withdrawal is allowed, but a 1% penal interest rate will apply on the applicable rate.
What are the tenure options for Bandhan Bank Fixed Deposits?
Tenure ranges from 7 days to 10 years.
Can I get a loan or overdraft against my Fixed Deposit?
Yes, Bandhan Bank offers loans or overdrafts against your Fixed Deposit.
Does Bandhan Bank offer automatic renewal for Fixed Deposits?
Yes, Fixed Deposits are automatically renewed at maturity.