Bandhan Bank, one of the country’s largest private banks, has changed the fixed deposit rates. The bank’s new rates range from 3% to 6.25%. The bank is giving 3% interest to its customers on FDs of 7 to 30 days. At the same time, the bank is giving 3.50% interest on FDs of 31 days to 6 months. The new rates are applicable on fixed deposits of less than Rs 2 crore.
Interest on FDs below Rs 2 crore
- On FDs of 7 days to 14 days – 3.00%
- On FDs of 14 days to 30 days – 3.00%
- On FDs from 31 days to less than 6 months – 3.50%
- On FDs of 6 months or more but less than one year – 4.50%
- On FDs of 1 year to less than 2 years – 5.25%
- On FDs of 2 years or more but less than 5 years – 6.25%
- On FDs of 5 years to 10 years – 5.60%
How much interest are senior citizens getting on FDs up to Rs 2 crore?
- On FDs of 7 to 30 days – 3.75%
- On FDs of 31 days or more but less than 6 months – 4.25%
- On FDs of 6 months or more but less than 1 year – 5.25%
- On FDs of 1 year or more but less than 2 years – 6.00%
- On FDs from 2 years to less than 5 years – 7.00%
- On FDs of 5 years to 10 years – 6.35%