Get up to 8.5% FD interest rate, 8% on savings accounts: Latest Bandhan Bank interest rates on deposits
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Bandhan bank FD interest rates
The bank offers an interest rates between 3% to 8% for general citizens for tenures between 7 days to 10 years. For senior citizens, the bank offers 3.75% to 8.50%. The bank offers the highest interest rate of 8% and 8.50% on tenure of 1 year 9 months.
Interest Rates for Non-Senior CitizensInterest Rates for Senior Citizens7 days to 14 days3.00%3.75%15 days to 30 days3.00%3.75%31 days to less than 2 months3.50%4.25%2 months to less than 3 months4.50%5.25%3 months to less than 6 months4.50%5.25%6 months to less than 1 year4.50%5.25%1 year to less than 1 year 9 months7.25%7.75%1 year 9 months8.00%8.50%1 year 9 months 1 day to less than 2 years7.25%7.75%2 years to less than 3 years7.25%7.75%3 years to less than 5 years7.25%7.75%5 years to up to 10 years5.85%6.60%
Premature withdrawal
According to the Bandhan Bank website, “For pre-mature withdrawal; the Penal interest rate of 1% shall be applicable on the card rate. The card rate for premature closure will be lower of the rate for the original /contracted tenure for which the deposit has been booked or the rate applicable for the tenure for which the deposit has been in force with the Bank.”
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Savings account
Bandhan Bank also offers an interest rate of 7% on a balance above Rs.10 lakh in the savings
account. The bank offers 8% on balance above Rs 50 crore to
