Bandhan Bank has introduced a new fixed deposit (FD) tenure of 1 year 9 months, offering competitive interest rates that stand among the best in the industry. Senior citizens can now earn an impressive 8.50% per annum, while other customers will receive 8% on the same tenure. Additionally, the bank provides up to 7% interest on savings accounts with balances exceeding Rs. 10 lakh.
Rajinder Babbar, Executive Director and Chief Business Officer of Bandhan Bank, emphasized the bank’s commitment to customer-centric solutions, stating, “Our new fixed deposit bucket reflects our dedication to offering enhanced returns while aligning with our customers’ financial needs.”
Bandhan Bank’s competitive rates extend beyond the 1 year 9 months bucket. For longer-term deposits, senior citizens can earn up to 7.75%, while others receive 7.25%. These offerings, available through retail