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HomePersonal FinanceBank's new scheme: Bumper interest of 8.35% on deposited money, know complete...

Bank’s new scheme: Bumper interest of 8.35% on deposited money, know complete scheme

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Bank’s new scheme: Selling dominated the shares of private sector Bandhan Bank on Tuesday. This share closed at Rs 248.50. There was a decline of 1.93% in the stock as compared to a day earlier.


Private sector Bandhan Bank has given a big gift to its customers. This bank on Tuesday announced the launch of a new facility for senior citizens. The bank has started ‘Inspire’ under which 8.35 percent interest will be given annually on fixed deposits of 500 days.

According to Bandhan Bank, ‘Inspire’ will also offer an upgraded banking experience along with health care benefits. It will extend the existing benefits like preferential interest rates, priority banking services and doorstep banking facilities to the bank’s ‘Senior Citizen Customers’. Sujoy Roy, Head of Branch Banking, Bandhan Bank, said, “We recognize the importance and need for financial independence at every age. Bandhan Bank brings this carefully designed benefit offering for senior citizens.

Bandhan Bank has this responsibility

Recently the Reserve Bank has authorized Bandhan Bank to pay pension to retired railway employees. This information was given by the bank. This approval from RBI will provide the bank access to around 50,000 retirees every year in 17 regional offices and 8 production units of Railways across the country.

Fall in shares: Meanwhile, selling dominated the shares of Bandhan Bank on the second trading day of the week. This share closed at Rs 248.50. There was a decline of 1.93% in the stock as compared to a day earlier. The share touched the level of Rs 272 in the month of June. This is the highest level of 52 weeks.

These banks also made changes: Let us tell you that after the Reserve Bank of India (RBI) left the repo rate stable at 6.5 percent during its Monetary Policy Committee (MPC) meeting, Kotak, DCB Bank revised the interest rates on FD. Is. Kotak Mahindra Bank has revised its FD rates for deposits below Rs 2 crore. At the same time, DCB Bank is offering 8.60 percent interest rate to senior citizens for FD of 25-26 months. It revised the rates on December 13, 2023.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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