Bandhan Bank Fixed Deposits
Last Updated : March 6, 2020, 12:05 p.m.
About Bandhan Bank Fixed Deposit
Bandhan Bank offers multiple fixed deposit schemes, investments under which will yield you high interest. The deposits are secured and can be withdrawn in time of needs. The features like flexible tenure and multiple interest payout options make the deposit schemes more reliable and customer friendly. You can invest the minimum amount of ₹1,000 for the period ranging from 7 days to 10 years in any of the following schemes:
- Bandhan Bank Fixed Deposit Standard
- Bandhan Bank Fixed Deposit Tax Saver
- Bandhan Bank Fixed Deposit Advantage
- Bandhan Bank Fixed Deposit Dhan Samriddhi
- Bandhan Bank Fixed Deposit Premium
Bandhan Bank Fixed Deposit Interest Rate For Regular Citizens w.e.f February 13, 2020
| Time Period | Rate of Interest ( For Regular Citizens) |
|---|---|
| 7days – 14 days | 3.50% p.a. |
| 15 days – 30 days | 4.00% p.a. |
| 31 days – less than 2 months | 4.00% p.a. |
| 2 months – less than 3 months | 4.00% p.a. |
| 3 months – less than 6 months | 4.50% p.a. |
| 6 months – less than 1 year | 5.40% p.a. |
| Above 18 months – less than 2 years | 6.75% p.a. |
| 2 years – less than 3 years | 6.75% p.a. |
| 3 years – less than 5 years | 6.60% p.a. |
| 5 years – 10 years | 6.50% p.a. |
Bandhan Bank Fixed Deposit Interest Rate For Senior Citizens w.e.f February 13, 2020
| Time Period | Interest Rate of Senior Citizens ( per annum) |
|---|---|
| 7 days to 14 days | 4.25% |
| 15 days to 30 days | 4.75% |
| 31 days to Less than 2 months | 4.75% |
| 2 months to less than 3 months | 4.75% |
| 3 months to less than 6 months | 5.25% |
| 6 months to less than 1 year | 6.15% |
| 1 year to 18 months | 7.50% |
| Above 18 months to less than 2 years | 7.50% |
| 2 years to less than 3 years | 7.50% |
| 3 years to less than 5 years | 7.35% |
| 5 years to up to 10 years | 7.25% |
Bandhan Bank Fixed Deposit Schemes
1. Bandhan Bank Fixed Deposit Standard
The depositor can book the deposit with the minimum amount of ₹1,000. The investment can be made either for short term or long term. The interest is paid monthly and quarterly. You can select the interest payout frequency as per your requirement.
| Particulars | Details |
|---|---|
| Minimum Investment Amount | Rs.1,000 |
| Additional Investment Amount | In multiples of Re.1 |
| Minimum Tenure | 7 days |
| Maximum Tenure | 10 years |
| Partial/ Premature Withdrawal | Allowed |
| Auto-renewal Facility | Available |
| Nomination Facility | Available |
| Loan/ Overdraft Facility | Available |
| TDS Certificate | Issued |
2. Bandhan Bank Fixed Deposit Tax Saver
Customers can avail the tax benefits under Section 80C of Income Tax Act,1961 by investing in this scheme. The minimum amount required to start the account is just ₹1,000 . The amount deposited is locked in for the tenure ranging from 5 years to 10 years.
| Particulars | Details |
|---|---|
| Minimum Investment Amount | Rs.1,000 |
| Maximum Investment Amount | Rs.1,50,000 |
| Minimum Lock-in Period | 5 years |
| Maximum Lock-in Period | 10 years |
| Nomination Facility | Available |
3. Bandhan Bank Fixed Deposit Advantage
Book your deposit for a period ranging from 6 months to 10 years and avail the advantage of compound interest rates. The minimum deposit amount is ₹1,000.
| Particulars | Details |
|---|---|
| Minimum Investment Amount | Rs.1,000 |
| Additional Investment Amount | In multiples of Re.1 |
| Minimum Tenure | 6 months |
| Maximum Tenure | 10 years |
| Partial/ Premature Withdrawal | Allowed |
| Auto-renewal Facility | Available |
| Nomination Facility | Available |
| Loan/ Overdraft Facility | Available |
| TDS Certificate | Issued |
4. Bandhan Bank Fixed Deposit Dhan Samriddhi
It is a growth-oriented scheme drafted to meet all your financial desires in the shortest time possible. The tenure ranges from 6 months to 10 years and the minimum face value is ₹5,000.
| Particulars | Details |
|---|---|
| Minimum Investment Amount | Rs.5,000 |
| Minimum Tenure | 6 months |
| Maximum Tenure | 10 years |
| Auto-renewal Facility | Available |
| Nomination Facility | Available |
| Loan/ Overdraft Facility | Available |
| TDS Certificate | Issued |
5. Bandhan Bank Fixed Deposit Premium
The investors depositing under this scheme yield interest at differential rates as the deposit value is higher as compared to other deposit schemes. The minimum amount required to book this deposit is ₹1 crore.
| Particulars | Details |
|---|---|
| Minimum Investment Amount | Rs.1,00,00,000 |
| Minimum Tenure | 7 days |
| Maximum Tenure | 10 years |
| Loan/ Overdraft Facility | Available |
Documentation
| ID Proof | Address Proof |
|---|---|
| Passport | Passport |
| PAN Card | Telephone Bill |
| Driving License | Electricity Bill |
| Voter ID | ID Card Issued by Post Office |
| Government ID Card | Bank Statement with Cheque |
| Senior Citizen ID Card | Any other ID proof or address proof document can be submitted subject to bank's satisfaction |
Features/ Benefits
- Book the deposit with the minimum amount of ₹1,000
- Choose from tenure ranging from 7 days to 10 years
- Issuance of TDS Certificate
- Withdraw the amount partially or completely
- Avail loan/overdraft against fixed deposit
Bandhan Bank Fixed Deposit Calculator
You can easily calculate the maturity amount of the deposit using Fixed Deposit Calculator. The maturity value is computed using the amount of deposit and the tenure of deposit. The rate of interest prevalent on the selected tenure is applied to calculate the maturity value.
How To Apply
You can apply for the Bandhan Bank Fixed Deposits by
- Visiting the nearest branch office
- Placing the request on bank’s website
- By calling the toll-free numbers – 913366333333 Or 18002588181
