Bandhan Bank Fixed Deposit Interest Rates: A Comprehensive Guide for Investors

Bandhan Bank has grown to be one of India’s fastest-growing private banks. It offers its customers a curated range of interest rates on fixed deposits (FDs). Whether a retiree is looking for safe investment options or a young individual is saving some cash, Bandhan Bank has it all.

Overview of Bandhan Bank FD Rates

Bandhan Bank is currently positioned to launch a host of fixed deposits that offer solutions to each customer’s unique requirements at competitive Bandhan bank deposit rates to those offered by others. Rates may vary according to tenure and deposit amount, as well as the category described below. Here is a summary of FD interest rates in India at Bandhan Bank:

• Standard Fixed Deposit: The duration for a Standard Fixed Deposit may be as short as 7 days but not longer than 10 years. The interest ranges have interest rates trickled down to 3.00% per annum for balances above ₹1 00.000 and from balances falling to ₹1 lakh.
• Premium Fixed Deposit: This will only be offered to a customer with high-value deposits, with interest rates beginning at 7.00% for deposits above ₹10 lakhs.
• Tax Saver Fixed Deposit: It lasts five years; the interest rate is 7.00 per cent p.a. to each ordinary citizen and 7.50 per cent per annum for senior citizens.
• Advantage Fixed Deposit: There is a mix of fixed deposits for six months to 10-year time frames for different types of investments with interest rates as low as 4.50% per year for accounts over ₹1 lakh.
• Dhan Samriddhi Fixed Deposit: The interest will be compounded and hybridised in the specific scheme for a short-term goal.

Bandhan Bank FD Rates Senior Citizens

Bandhan Bank provides special interest rates for senior citizens to help them get a much better investment return. The following are the latest Bandhan Bank senior citizen interest rates:

• 1 Year FD: 8.55% per annum.
• 1 Year to 499 Days FD: 7.75% per annum.
• 500 Days to Less than 2 Years FD: 7.75% per annum.
• 501 Days to Less than 2 Years FD: 7.75% per annum.
• 2 Years to Less than 3 Years FD: 7.75% per annum.
• 3 Years to Less than 5 Years FD: 7.75% per annum.
• 5 years to Up to 10 Years FD: 6.60% per annum.

How to Check the Fixed Deposit Balance in Bandhan Bank

You can check your fixed deposit balance in Bandhan Bank quite simply and easily by using one or more of the following means:

1. Internet Banking: Login to your Bandhan Bank account at the Internet banking site and go to the fixed deposit section to know the balance.
2. Mobile Banking: You may check your FD balance anytime using the Bandhan mobile application.
3. Customer Care: Call Bandhan Bank’s customer care for assistance in checking your FD balance.
4. Branch Visit: Visit your nearest Bandhan Bank branch and inquire about your fixed deposit balance.

Can I Transfer My Bandhan Bank FD to Another Bank?

It is possible to switch an FD in Bandhan Bank into one in another bank; commonly, this process is referred to as either a Fixed Deposit (FD) transfer or an FD renewal. Here is the process of how you can carry it out:

1. Contact the Receiving Bank: Inform the bank where you wish to shift your FD about your intention.
2. Submit Required Documents: Provide the necessary documents, such as the FD receipt and KYC details, to the receiving bank.
3. Complete the Transfer Process: Follow whatever process is given by the receiving bank to complete the transfer process.

Conclusion

Any individual can invest securely and earn good money with fixed deposit options at Bandhan Bank. Bandhan Bank makes your investment secure and profitable with attractive interest rates and flexible terms. Fixed deposit plans from Bandhan Bank are meant for all: young professionals and senior citizens.

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FAQs on Bandhan Bank FD Rates

What is the highest Bandhan Bank FD rate today? 

The current highest Bandhan Bank FD rate is 8.55% per annum for senior citizens on a deposit with one year tenure.

How to check the fixed deposit balance in Bandhan Bank?

Various methods are available for checking the fixed deposit balance in Bandhan Bank, including internet banking, mobile banking, customer care, or walking into a branch.

Can I transfer my Bandhan Bank FD to another bank? 

This is possible by following the transfer process stipulated by the bank along with the required documentation.