Bandhan Bank Raises FD Interest Rates to 7.95%

News Desk, News Nation 360: With a peak interest rate of 7.95% annually for elderly citizens, Bandhan Bank has formally announced an increase in its retail domestic fixed deposit (FD) interest rates of up to 20 basis points. This highest-yielding group will target a term of two to less than three years starting on June 20, 2026. During the same period, general, non-senior depositors will receive a very competitive 7.45%. The private sector lender is providing an alluring industry-standard rate of 7.75% for elderly citizens and 7.25% for other retail clients on term deposits lasting three to less than five years in order to encourage longer-term savings. The bank continues to encourage liquid savings in addition to fixed-income assets by providing a premium 6.5% interest rate on savings account balances that lie between Rs. 5 lakh and Rs. 10 lakh. Existing and new customers can lock in these updated rates in a matter of minutes through a fully paperless process via the bank's retail internet banking portal or the updated mBandhan mobile application from the comfort of their homes or offices, maximising ease of investment and minimising overhead friction.

Pic - Courtesy