Senior Citizens Can Now Earn Up to 7.95 Percent on Bandhan Bank Fixed Deposits
Kolkata (West Bengal) [India], July 14: Savers seeking stronger yet stable returns have a fresh reason to consider fixed deposits. Bandhan B...
Kolkata (West Bengal) [India], July 14: Savers seeking stronger yet stable returns have a fresh reason to consider fixed deposits. Bandhan Bank has increased its Fixed Deposit (FD) interest rates on select tenures, with senior citizens now able to earn up to 7.95% per annum on deposits of two years to less than three years. General customers earn 7.45% for the same tenure.
For longer tenures of less than five years, senior citizens earn 7.75% and other customers 7.25%, which is among the best FD rates in the banking industry. Bandhan Bank also offers 6.5% interest on savings account balances above Rs. 5 lakh to Rs. 10 lakh.