Bandhan Bank offers best rates on Fixed Deposits and Savings Account, Here to know full information
Kolkata-based Headquarters Bandhan Bank has announced that it is offering one of the best FD interest rates in the banking industry.
![Bandhan Bank offers best rates on Fixed Deposits and Savings Account, Here to know full information](https://www.psuconnect.in/sdsdsd/Bandhan_Bank.jpg)
The bank offers the highest interest rates of 8.35% on fixed deposits for a tenure of 500 days to senior citizens. On the same FD tenure, non-senior citizens will earn 7.85%. The Bank is also offering a 7.5% interest rate to the senior citizens on Tax Saver fixed deposits for the tenure of 5 years. Others will earn 7% for the same Tax Saver FDs.
Additionally, the Bank also offers an interest rate of up to 7% on the Savings bank account balance. Daily balances up to Rs 1 lakh have 3% interest rates, Daily balances above Rs 1 lakh to Rs 10 lakh have 6% interest rates while Daily balances above Rs 10 lakh to Rs 2 crore have 7% interest rates.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYCustomers of Bandhan Bank can also enjoy the benefits of booking or investing in FD from the comfort of their homes or offices through retail internet banking or the m-Bandhan mobile app. With this online process, customers can book the FDs within a few minutes in a swift and hassle-free manner. With its experienced management, diversified team, and well-entrenched distribution, Bandhan Bank is well-poised to meet the aspirations of its customers and stakeholders.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh