Domestic / Non-Resident Rupee Savings Deposit Interest Rate Chart, w.e.f. September 5, 2023
| Bandhan Bank Savings Bank Account | Interest Rate |
| Account Type | Rate p.a |
| Domestic and Non-Resident Rupee Savings Bank Account | |
| a. Daily Balance up to ₹1 lakh | 3.00% |
| b. Daily Balance above ₹1 lakh to ₹10 lakh | 6.00% |
| c. Daily Balance above ₹10 lakh to ₹2 crore | 7.00% |
| d. Daily Balance above₹2 crore to₹10 crore | 6.25% |
| e. Daily Balance above₹10 crore to₹50 crore | 6.50% |
| f. Daily Balance above₹50 crore to₹100 crore | 8.00% |
| g. Daily Balance above₹100 crore to₹250 crore | 8.00% |
| h. Daily Balance above ₹250 crore | 8.05% |
Points to note:
| |
Bulk Deposit Interest Rates w.e.f. February 21, 2024
With Premature Payment facility "Callable"(All rates are per annum) | ||||
| Tenure | ₹2 cr to ₹10 cr | Above ₹10 cr to less than ₹25 cr | ₹25 cr to less than ₹50 cr | ₹50 cr and above |
| 7 days to 15 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 16 days < 1 month | 3.25% | 3.25% | 3.25% | 3.25% |
| 1 month < 2 months | 3.50% | 3.50% | 3.50% | 3.50% |
| 2 months < 3 months | 7.00% | 7.00% | 7.00% | 7.00% |
| 3 months < 4 months | 7.00% | 7.20% | 7.20% | 7.25% |
| 4 months < 5 months | 7.30% | 7.30% | 7.30% | 7.40% |
| 5 months < 6 months | 7.35% | 7.35% | 7.40% | 7.40% |
| 6 months < 7 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 7 months < 8 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 8 months < 9 months | 7.60% | 7.60% | 7.60% | 7.60% |
| 9 months < 10 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 10 months < 11 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 11 months < 12 months | 7.70% | 7.70% | 7.70% | 7.70% |
| 12 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 12 months 1 day < 13 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 13 months < 14 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 14 months < 15 months | 7.80% | 7.90% | 8.00% | 8.10% |
| 15 months < 16 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 16 months < 17 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 17 months < 18 months | 6.75% | 6.75% | 6.75% | 6.75% |
| 18 months < 2 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 2 years to less than 3 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 3 years to less than 5 years | 6.15% | 6.15% | 6.15% | 6.15% |
| 5 years to 10 years | 5.00% | 5.00% | 5.00% | 5.00% |
Without Premature Payment facility "Non-Callable"(All rates are per annum) | ||||
| Tenure | ₹2 cr to ₹10 cr | Above ₹10 cr to less than ₹25 cr | ₹25 cr to less than ₹50 cr | ₹50 cr and above |
| 7 days to 15 days | 3.00% | 3.00% | 3.00% | 3.00% |
| 16 days to < 1 month | 3.25% | 3.25% | 3.25% | 3.25% |
| 1 month < 2 months | 3.50% | 3.50% | 3.50% | 3.50% |
| 2 months < 3 months | 7.50% | 7.50% | 7.50% | 7.50% |
| 3 months < 4 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 4 months < 5 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 5 months < 6 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 6 months < 7 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 7 months < 8 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 8 months < 9 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 9 months < 10 months | 7.90% | 7.90% | 7.90% | 7.90% |
| 10 months < 11 months | 7.90% | 7.90% | 8.00% | 8.00% |
| 11 months < 12 months | 7.90% | 7.90% | 8.00% | 8.00% |
| 12 months | 8.60% | 8.65% | 8.65% | 9.00% |
| 12 months 1 day < 13 months | 8.60% | 8.65% | 8.65% | 9.00% |
| 13 months < 14 months | 8.60% | 8.65% | 8.65% | 9.00% |
| 14 months < 15 months | 8.60% | 8.65% | 8.65% | 9.00% |
| 15 months < 16 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 16 months < 17 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 17 months < 18 months | 7.30% | 7.30% | 7.30% | 7.30% |
| 18 months < 2 years | 7.30% | 7.30% | 7.30% | 7.30% |
| 2 years to less than 3 years | 7.30% | 7.30% | 7.30% | 7.30% |
| 3 years to less than 5 years | 6.75% | 6.75% | 6.75% | 6.75% |
| 5 years to 10 years | 5.50% | 5.50% | 5.50% | 5.50% |
Disclaimer:
In case of premature withdrawal of deposit 1% penalty will be levied on the corresponding ROI for which the deposit is actually kept with the Bank
Any deposit of ₹10 crore and above can be contracted only with the prior approval of the Treasury
FCNR (B) Term Deposit Interest Rate Chart, for the month of February 2024
| Tenor | USD | GBP | EUR |
| 1 Year to < 2 Years | 5.81% | 4.94% | NA |
| 2 Years to < 3 Years | 4.81% | NA | NA |
| 3 Years to < 4 Years | 4.81% | NA | NA |
| 4 Years to < 5 Years | 4.81% | NA | NA |
| 5 Years only | 3.81% | NA | NA |
Note:
- For FCNR (B) deposit, Interest is compounded at half yearly frequency.
- No interest is payable, if the deposit is withdrawn before one year.
- No premature penalty for the deposit withdrawn after completion of one year. However, interest shall be paid at the rate applicable for the period deposit has remained with the Bank.
- Above interest will be paid at the rate available on the date of deposit.
- The above rates are applicable for fresh and renewal fixed deposits and are subject to change from time to time. Kindly check the rates before booking the FCNR Fixed Deposit.
Retail Domestic / Non-Resident Rupee Term Deposit Interest Rate Chart w.e.f. September 5, 2023
| Maturity Bucket | Interest Rates for Non-Senior Citizens | Interest Rates for Senior Citizens |
| 7 days to 14 days | 3.00% | 3.75% |
| 15 days to 30 days | 3.00% | 3.75% |
| 31 days to less than 2 months | 3.50% | 4.25% |
| 2 months to less than 3 months | 4.50% | 5.25% |
| 3 months to less than 6 months | 4.50% | 5.25% |
| 6 months to less than 1 year | 4.50% | 5.25% |
| 1 year to 499 days | 7.25% | 7.75% |
| 500 days (1 year, 4 months, 14 days) | 7.85% | 8.35% |
| 501 days to less than 2 years | 7.25% | 7.75% |
| 2 years to less than 3 years | 7.25% | 7.75% |
| 3 years to less than 5 years | 7.25% | 7.75% |
| 5 years to up to 10 years | 5.85% | 6.60% |
Tax Saver Fixed Deposit Interest Rate Chart w.e.f. December 4, 2023
| TD Type | Interest Rates for Non-Senior Citizens | Interest Rates for Senior Citizens |
| Tax Saver Fixed Deposit | 7.00% | 7.50% |
Note:
- The above rates are applicable for Retail deposits less than ₹2 crore.
- Senior Citizen Rates are only for Resident Indians and do not apply to NRIs.
- Submission of proof of Age is mandatory to avail Senior Citizen Rates.
- Under Section 80C of the Income Tax Act. 1961, a maximum tax exemption up to ₹1,50,000 may be availed by investing in Bandhan Bank Tax Saver Fixed Deposits.
- Tax Saver Fixed Deposits cannot be closed prematurely/partially before expiry of the lock-in period of 5 years and cannot be booked with auto renewal facility.
- TDS is applicable for Interest earned over ₹40,000 for general customers and ₹50,000 for Sr. Citizen Customers in a year.
- Customer can submit Form 15G/15H as applicable if the annual income is below ₹2,50,000 for general and ₹5,00,000 for Senior citizen customers.
- Tax Saver Fixed deposits are non-market-linked investments, so they carry zero risk and are safe investments.
- Tax Saver Fixed deposits are applicable for Resident Indians, Hindu Undivided Families (HUFs) and NRO customers.
- Min amount of Tax Saver deposits that can be made is ₹1,000.
- Interest earned on the Fixed Deposits will be subject to Tax Deducted at Source as per extantIndian Income Tax laws.
- Submission of Income Tax PAN No. is mandatory, failing which TDS will be deducted at a higher rate as per Indian Income Tax laws.
- Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the Bank.
- For pre-mature withdrawal; the Penal interest rate of 1% shall be applicable on the card rate. The card rate for premature closure will be lower of the rate for the original /contracted tenure for which the deposit has been booked or the rate applicable for the tenure for which the deposit has been in force with the Bank.
- Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.
- Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
- Please contact nearest Bandhan Bank Branch for interest rates on deposits INR 2 Crore and above.
- In case of reinvestment deposits, the interest reinvested is post TDS recovery and hence the maturity amount for re-investment deposits would vary to the extent of tax and compounding effect on tax for the period subsequent of deduction till maturity.
- Interest rates are subject to change without any prior notice.
- In addition to the clauses specified above, for detailed Terms and Conditions governing Bandhan Bank Fixed Deposits, please click here
External Benchmark Rate: RBI Repo Linked Lending Rate (RLLR)
Current RLLR: w.e.f. December 01, 2023: 6.50%
(For existing customers the EBR reset is done on quarterly basis)
(A) Home loan Interest Rate Card (Floating) :
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 9.16% | 13.33% |
(B) Repair Loans Interest Rate Card (Floating):
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 9.16% | 13.33% |
(C) Loan Against Property Rate card (Floating)
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 12.64% | 17.22% |
Existing customers who are servicing floating rate loans linked to PLR of erstwhile GRUH can opt for conversion to External Benchmark Rate linked option.
Marginal Cost of Funds based Lending Rates (MCLR) effective from January 31, 2024
| Tenor | MCLR (in %) |
| Overnight | 6.95% |
| 1 Month | 6.95% |
| 3 Months | 8.45% |
| 6 Months | 8.45% |
| 1 Year | 11.20% |
| 2 Years | 11.20% |
| 3 Years | 11.20% |
