Bandhan Bank launches special limited-period FD; check interest rate & tenure 

Hyderabad: Banking and financial services company Bandhan Bank has unveiled a special limited-period fixed deposits scheme. Under the special FD, the bank will offer interest rates of 7.5 per cent and 8 per cent for the general public and senior citizens, respectively.  The new interest rates are applicable on retail deposits below Rs 2 crore […]

Hyderabad: Banking and financial services company Bandhan Bank has unveiled a special limited-period fixed deposits scheme. Under the special FD, the bank will offer interest rates of 7.5 per cent and 8 per cent for the general public and senior citizens, respectively. 

The new interest rates are applicable on retail deposits below Rs 2 crore for a tenure of 600 days. 

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Visit https://bandhanbank.com/rates-charges for more details about the interest rate. 

Besides the 600-day tenure, the bank also offers multiple FDs for various tenures to its investors. The interest rates for these FDs range between 3% and 8 %. 

Apart from the Bandhan Bank, Jana Small Finance Bank, Fincare Small Finance Bank, and Suryodaya Small Finance bank are some of the entities that offer an interest rate of 8% or over 8% for senior citizens. 

Bandhan Bank took to Twitter to share the details of the new scheme. 

https://twitter.com/bandhanbank_in/status/1589481520779390976

Bandhan Bank, founded in 2015, serves over 2.77 crore customers with its vast network of 5,646 banking outlets across India. It was the first-ever microfinance institution to become a full-fledged commercial bank.