Bandhan Bank presents a diverse range of Fixed Deposit (FD) schemes to meet various financial objectives by offering competitive interest rates. Whether seeking short-term liquidity or long-term capital growth, Bandhan Bank's FD portfolio caters to diverse investment aspirations.
Bandhan Bank offers varying FD interest rates depending on the deposit tenure, giving investors the flexibility to choose. For example, if you invest for 1 year, the FD rate may be 7.25% p.a. However, for a 5-year deposit, the rate may be 5.85% p.a. The deposited amount can also influence the interest rates, making it suitable for investors with different investment capacities.
Investing in Bandhan Bank's Fixed Deposits is a safe and profitable option for those looking for stable returns. With fixed interest rates, these FDs offer a reliable and consistent way to earn money over time.
Bandhan Bank FD Rates (Below 2 Crores)
The following table displays the interest rates applicable to various FD tenures for deposits below Rs. 2 crores.
| FD Tenures | FD Interest Rates % (p.a) General Public |
FD Interest Rates % (p.a) Senior Citizens |
|---|---|---|
| 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 month | 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 499 days | 7.25% | 7.75% |
| 500 days (1 year, 4 months, 14 days) | 7.85% | 8.35% |
| 501 days 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% |
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*Note- The interest rates are subject to change. Please check the official website for the latest information.NOTE
- The senior rates are only applicable to Indian citizens and not NRIs.
- To avail senior citizen FD rates, you need to submit age proof.
- Senior citizens aged 60 and above will receive an additional interest rate of 0.50% on domestic term deposits, applicable to all maturity periods.
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Bandhan Bank Tax Saver FD Rates.
Bandhan Bank FD rate offers tax-saving fixed deposit schemes Under the 80C of the Income Tax Act,1961. Individuals who have taken the Tax saver FD scheme will have an exemption of up to Rs 1,50,000.
| Type | FD Interest Rates % (p.a.) General Public |
FD Interest Rates % (p.a.) Senior Citizens |
|---|---|---|
| Tax Saver | 7.00% | 7.50% |
Points to Note:
- Bandhan Bank offers Tax Saver Fixed Deposits for Resident Indians, Hindu Undivided Families (HUFs), and NRO customers.
- Minimum deposit amount is ₹1,000.
- Premature closure or partial withdrawal before the 5-year lock-in period is not allowed.
- TDS is applicable on interest earned over ₹40,000 for general customers and ₹50,000 for Senior Citizens.
- Form 15G/15H can be submitted by individuals with annual income below ₹2,50,000 (general) and ₹5,00,000 (Senior Citizens) to avoid TDS.
- Interest rates are subject to change and depend on the date/time of receipt of funds by the Bank.
- PAN submission is mandatory to avoid higher TDS rates.
- Premature withdrawal incurs a penal interest rate of 1%.
- Interest earned is non-market-linked and carries zero risk.
Bandhan Bank FD Rates (Above 2 Crores)
The following table displays the interest rates applicable to various FD tenures for deposits above Rs. 2 crore.
Bandhan Bank Bulk Deposits Rates with a premature withdrawal facility (callable)
| Tenure | ₹2 cr to ₹10 cr | Above ₹10 cr to less than ₹25 cr | ₹25 cr to less than ₹50 cr | ₹50 cr and above |
|---|---|---|---|---|
| 7 days to 15 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 16 days < 1 month | 3.25% | 3.25% | 3.25% | 3.25% |
| 1 month < 2 months | 3.50% | 3.50% | 3.50% | 3.50% |
| 2 months < 3 months | 7.00% | 7.00% | 7.00% | 7.00% |
| 3 months < 4 months | 7.00% | 7.20% | 7.20% | 7.25% |
| 4 months < 5 months | 7.30% | 7.30% | 7.30% | 7.40% |
| 5 months < 6 months | 7.35% | 7.35% | 7.40% | 7.40% |
| 6 months < 7 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 7 months < 8 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 8 months < 9 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 9 months < 10 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 10 months < 11 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 11 months < 12 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 12 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 12 months 1 day < 13 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 13 months < 14 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 14 months < 15 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 15 months < 16 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 16 months < 17 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 17 months < 18 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 18 months < 2 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 2 years to less than 3 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 3 years to less than 5 years | 6.15% | 6.15% | 6.15% | 6.15% |
| 5 years to 10 years | 5.00% | 5.00% | 5.00% | 5.00% |
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*Note- The interest rates are subject to change. Please check the official website for the latest information.Bandhan Bank Bulk Deposits Rates without premature withdrawal facility (non- callable)
| Tenure | ₹2 cr to ₹10 cr | Above ₹10 cr to less than ₹25 cr | ₹25 cr to less than ₹50 cr | ₹50 cr and above |
|---|---|---|---|---|
| 7 days to 15 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 16 days < 1 month | 3.25% | 3.25% | 3.25% | 3.25% |
| 1 month < 2 months | 3.50% | 3.50% | 3.50% | 3.50% |
| 2 months < 3 months | 7.00% | 7.00% | 7.00% | 7.00% |
| 3 months < 4 months | 7.40% | 7.40% | 7.40% | 7.90% |
| 4 months < 5 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 5 months < 6 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 6 months < 7 months | 7.75% | 7.75% | 7.75% | 7.75% |
| 7 months < 8 months | 7.75% | 7.75% | 7.75% | 7.75% |
| 8 months < 9 months | 7.80% | 7.80% | 7.80% | 7.80% |
| 9 months < 10 months | 7.85% | 7.85% | 7.85% | 7.85% |
| 10 months < 11 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 11 months < 12 months | 7.85% | 7.85% | 8.00% | 8.00% |
| 12 months | 8.60% | 8.65% | 8.65% | 8.90% |
| 12 months 1 day < 13 months | 8.60% | 8.65% | 8.65% | 8.90% |
| 13 months < 14 months | 8.60% | 8.65% | 8.65% | 8.90% |
| 14 months < 15 months | 8.60% | 8.65% | 8.65% | 8.90% |
| 15 months < 16 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 16 months < 17 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 17 months < 18 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 18 months < 2 years | 7.30% | 7.30% | 7.30% | 7.30% |
| 2 years to less than 3 years | 7.30% | 7.30% | 7.30% | 7.30% |
| 3 years to less than 5 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 5 years to 10 years | 5.50% | 5.50% | 5.50% | 5.50% |
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*Note- The interest rates are subject to change. Please check the official website for the latest information.*Any deposit above Rs 10 crore can only be deposited with the prior approval of the treasury.
Bandhan Bank FCNR Fixed Deposit Rates
The following table displays the competitive FCNR Fixed Deposit rates offered by Bandhan Bank, providing attractive opportunities for foreign currency investments.
| Tenor | USD | GBP | EUR |
|---|---|---|---|
| 1 Year to < 2 | 5.81% | 4.94% | NA |
| 2 Years to < 3 | 4.81% | NA | NA |
| 3 Years to < 4 | 4.81% | NA | NA |
| 4 Years to < 5 | 4.81% | NA | NA |
| 5 Years only | 3.81% | NA | NA |
Want to calculate your Bandhan Bank FD interest rates and maturity amount? It is good practice to get an estimate of your potential gains from an investment. You can easily calculate your returns using the Bandhan Bank FD Calculator.
Features & Benefits of Bandhan Bank Fixed Deposit
Here are some of the comprehensive features and benefits of Bandhan Bank Fixed Deposit:
Competitive Interest Rates
Bandhan Bank offers
competitive interest rates on
fixed deposits in the market.
Flexible Tenures
You can choose a tenure
that suits your needs,
from 7 days to 10 years.
Tax Benefit
Earn tax benefits on your
fixed deposit interest income
under Section 80TTA of the
Income Tax Act.
Senior Citizen Bonus
Earn additional interest
on your FD if you're a
senior citizen.
Low Minimum Deposit
Start an FD with minimum
deposit of Rs 1000
Online access
Manage your FD easily
through Bandhan Bank's
digital platforms.
Bandhan Bank FD Account Eligibility
Opening a Fixed Deposit (FD) account with Bandhan Bank is a simple and convenient way to grow your savings. To ensure a smooth application process, it's important to have the necessary documents readily available. Here's a breakdown of the documents you'll need:
ID proof:
- Passport
- PAN card
- Voter’s Identity Card
- Driving licence
- Identity card /confirmation from the employer/other bank (subject to branch’s satisfaction)
- ID card issued by recognised Educational Institutions
- ID issued by Postal Authorities
- Letter from a recognised public authority or public servant (not below the rank of the Tahsildar) verifying the identity and residence of the customer to the satisfaction of Bank
- Job card issued by NREGA duly signed by an officer of the State Government
- Letter issued by the Unique Identification Authority of India containing details of name, address & Aadhar number
Address proof:
- Passport
- Voter’s Identity card
- Driving licence
- Telephone bill (not older than two months – installation should be atleast before 6 months)
- Bank account statement
- Letter from a recognized public authority or public servant (not below the rank of the Tahsildar) verifying the identity and residence of the customer to the satisfaction of Bank
- Electricity bill (latest)
- Ration card
- Letter from employer (subject to satisfaction of the Bank)
- ID issued by Postal Authorities
- Job card issued by NREGA duly signed by an officer of the State Government.
- Letter issued by the Unique Identification Authority of India containing details of name, address & Aadhar number
- Consumer Pass Book issued by Gas Agency
- A rent agreement indicating the address of the customer duly registered with State Government or similar registration authority
Types of Bandhan Bank Fixed Deposits
Bandhan Bank offers a variety of deposit accounts to cater to different needs and financial goals. Here's an overview of the main types:
Standard Fixed Deposit
This traditional FD offers competitive interest rates for various tenures, catering to diverse investment goals.
Features:
- Short and long-term deposit.
- Options for quarterly or monthly interest payouts.
- Minimum deposit of Rs 1000
- Tenure: 7 days to 10 years
- You can do part withdrawal of premature closure
Premium Fixed Deposit
This type of fixed deposit rate lets people have high-value deposits, and also lets customers draw a loan overdraft or foreclosure deposit in case of an emergency.
Features:
- Get the exclusive interest rate advantages for high-value deposits.
- Minimum deposit of Rs 2 crore and above
- Tenure: 7 days to 10 years
- Option of a loan or overdraft facility.
Tax Saver Fixed Deposit
This FD helps save taxes under Section 80C of the Income Tax Act but comes with a longer lock-in period.
Features:
- Tax saving investment option under 80C, IT Act 1961
- Get both tax savings and assured returns
- Minimum deposit of Rs 1,000
- Maximum deposit of Rs 1,50000
- Tenure: 7 days to 10 years
Advantage Fixed Deposit
This FD provides the flexibility to withdraw interest income regularly while accumulating the principal amount.
Features:
- Tax saving investment option under 80C, IT Act 1961
- Get both tax savings and assured returns
- Minimum deposit of Rs 1,000
- Tenure: 6 months to 10 years
- Option to part withdrawal or premature closure
- Overdraft facility is available.
Dhan Samriddhi Fixed Deposit
Dhan Samriddhi is a type of fixed deposit offered by Bandhan Bank. It is a cumulative fixed deposit, which means that the interest earned is added to the principal amount at the end of each interest period, resulting in a higher maturity value.
Features:
- Tax saving investment option under 80C, IT Act 1961
- Get both tax savings and assured returns
- Minimum deposit of Rs 5,000
- Tenure: 6 months to 10 years
- You can have a single/ joint account
- Issuance of TDS certificate, as per IT Act
- Option of a loan or overdraft facility.
Super Saver Fixed Depositt
A Super Saver FD is typically a daily deposit scheme offered by some banks like Bandhan Bank. It allows you to accumulate small savings regularly, offering interest benefits similar to traditional FDs.
Features:
- Minimum deposit of Rs 10
- Maximum Deposit: Rs 8000 through HHD
- Tenure of FD: 1 year
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Frequently Asked Questions
Bandhan Bank's FD rates range from 3.00% p.a. to 8.35% p.a., depending on the type of FD, tenure, and whether you're a senior citizen.
A non-callable FD is a fixed deposit where your money is locked in for the chosen term with no early withdrawal option, offering higher interest rates in exchange for the lack of flexibility.
Yes, you can apply for a Bandhan Bank Fixed Deposit (FD) online, subject to certain conditions and that you fulfil the eligibility criteria.
While possible, prematurely withdrawing funds from your FD usually incurs penalties and reduces your overall returns.
Yes, senior citizens often get higher interest rates on FDs compared to the general public, offering an advantage for their investments.
The interest rates for senior citizens and NRI for fixed deposits are different. Refer to the table above to know the different rates.
The number of years it takes for an FD to double in Bandhan Bank depends on the chosen FD type and its interest rate. However, using the "Rule of 72": divide 72 by the interest rate, you can estimate the doubling time. For example, with a 7.85% interest rate (Bandhan Bank's highest), it would take approximately 9.17 years for your FD to double.
The minimum deposit amount for Bandhan Bank FDs varies depending on the specific scheme you choose. Generally, it starts from ₹1,000, but specific schemes might have higher minimums.
Bandhan Bank offers a wide range of FD tenures, from 7 days to 10 years, catering to different investment goals and needs.
The highest interest rate offered by Bandhan Bank on a 1-year fixed deposit scheme is 7.25% p.a. This rate applies to regular customers.
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