Bandhan Bank Fixed Deposit Rates: Bandhan Bank has revised the bulk FD rates. Now up to 8 percent return is being given by the bank. Bandhan Bank has shared information on its website that in case of premature withdrawal of deposits, a penalty of 1% will be levied on the respective ROI for which the deposit is actually placed with the bank.
Bandhan Bank Fixed Deposit Rates: Private sector lender Bandhan Bank has revised the interest rates on bulk fixed deposits of more than 2 crores. According to the official website of the bank, the new rates are effective till November 24, 2022. The bank is now offering interest rates between 3.25 per cent and 5.00 per cent on fixed deposits with maturities ranging from 7 days to 10 years. Both callable and non-callable deposits are subject to the latest interest rates for bulk deposits.
Bandhan Bank Bulk FD Rates with Premature Payment Facility
On FDs maturing in 7 days to 28 days, the bank is now offering an interest rate of 3.25% and on FDs maturing in 29 days to 90 days, Bandhan Bank is now offering an interest rate of 5.40%. Bandhan Bank is now offering an interest rate of 6.00% on FDs maturing in 91 days to 364 days and 7.25% on those maturing in 365 days to 15 months. On FDs maturing in 15 months to less than 5 years, the bank is now promising an interest rate of 6.15% and maturing in 5 years to 10 years, Bandhan Bank is now offering an interest rate of 5.00%.
Bandhan Bank Bulk FD Rates Without Premature Payment Facility
On FDs maturing in 7 days to 28 days, the bank is now offering an interest rate of 3.25% and on FDs maturing in 29 days to 90 days, Bandhan Bank is now offering an interest rate of 5.80%. Bandhan Bank is now offering an interest rate of 6.30% on FDs maturing in 46 days to 90 days and 6.75% on those maturing in 91 days to 364 days. Deposits maturing in 365 days to less than 15 months will now fetch an interest rate of 8.00% and deposits maturing in 15 months to less than 5 years will now fetch an interest rate of 7.40%. The bank is now promising an interest rate of 5.50 per cent on FDs maturing in 5 years to 10 years.
Bandhan Bank has shared information on its website that in case of premature withdrawal of deposits, a penalty of 1% will be levied on the respective ROI for which the deposit is actually placed with the bank. Any deposit above Rs.10 crore can be taken only with the prior approval of the treasury.
