Bandhan Bank offers fixed deposits with interest rates ranging from 2.95% to 7.25% per annum, for the general public and 3.70% p.a. to 7.75% p.a. for senior citizens, depending on the deposit amount, chosen tenure, and customer category. You can invest for durations ranging from 7 days to 14 days up to 5 years 10 years. Senior citizens residing in India may benefit from preferential rates (usually 0.50% higher). You can also choose between callable and non-callable deposit types, with a 1% penalty on early withdrawals for callable FDs.
Bandhan Bank FD offer highly competitive interest rates and guaranteed returns, with an extra 0.50% premium specifically for senior citizens on deposits below ₹3 crore. Through the Neo+ Digital platform, you can book your FD instantly with paperless video KYC and no branch visits.
For NRIs, the Bandhan Bank NRE account provides a tax-efficient way to earn high returns on foreign earnings with full repatriation benefits. This seamless digital experience ensures your global wealth grows securely with minimal effort and maximum transparency.
Bandhan Bank FD Interest Rates: Key Highlights
Tenure
3 months to 10 years
Minimum Deposit Amount
Rs 1,000
Maximum Deposit Amount
NIL
Loan Facility
Up to 90%
Nomination Facility
Available
TDS
Available under Section 80C
Auto-Renewal
Yes available
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#Premature withdrawal involves penalties as per the bank’s policy; charges and rules differ for callable and non-callable fixed deposits. ~The bank may reduce applicable interest rates or levy charges for loans against fixed deposits.
Bandhan Bank FD Latest Updates
Bandhan Bank of India, being one of the small finance banks that has its rate revision on September 01, 2025, for deposits below 3 crore. Senior citizens can now earn up to 7.70% interest, offering one of the most attractive returns in the fixed income segment.
Bandhan Bank FD Interest Rates
The tables below present the applicable Bandhan Bank FD interest rates across different tenures and deposit amounts.
Tenure
Regular Rates
Current Rates
Senior Citizen
7 Days to 14 Days
2.95%
3.70%
15 Days to 1 Month
2.95%
3.70%
1 Month to 2 Months
3.45%
4.20%
2 Months to 3 Months
4.20%
4.95%
3 Months to 6 Months
4.20%
4.95%
6 Months to 12 Months
4.20%
4.95%
1 Year
7.00%
7.50%
1 Year to 1 Year
7.00%
7.50%
1.8 Years to 2 Years
7.00%
7.50%
2 Years to 3 Years
7.20%
7.70%
3 Years to 5 Years
7.00%
7.50%
5 Years
6.25%
7.25%
5 Years to 10 Years
5.85%
6.60%
Tenure
Callable
Non-Callable
7 days to 15 days
3.00%
3.00%
16 days < 1 month
3.25%
3.50%
1 month < 2 months
5.00%
7.25%
2 months < 3 months
7.25%
8.10%
3 months < 4 months
7.25%
8.10%
4 months < 5 months
7.20%
7.80%
5 months < 6 months
7.30%
7.80%
6 months < 7 months
6.75%
7.15%
7 months < 8 months
7.30%
7.80%
8 months < 9 months
7.50%
7.80%
9 months < 10 months
6.80%
7.15%
10 months < 11 months
7.50%
7.80%
11 months < 12 months
6.80%
7.15%
12 months
7.00%
7.05%
12 months 1 day < 13 months
7.00%
7.05%
13 months < 14 months
5.50%
6.85%
14 months < 15 months
5.50%
6.50%
15 months < 16 months
5.50%
6.50%
16 months < 17 months
5.50%
6.50%
17 months < 18 months
5.50%
6.50%
18 months < 2 years
5.50%
7.10%
2 years to less than 3 years
5.50%
7.00%
3 years to less than 5 years
5.50%
6.15%
5 years to 10 years
4.40%
4.90%
Note: Bandhan Bank FD interest rates w.e.f. March 23, 2026. The above rates apply to general citizens for deposits of ₹3 crore to ₹10 crore.
Types of Bandhan Bank FD Schemes
Neo+ Digital Fixed Deposit (MODs)
A contactless, paperless, video KYC-based FD available through the Neo+ platform of Bandhan Bank. No prior relationship is required.
Minimum Deposit Amount : Rs 1,000
Maximum Deposit Amount : Rs 2,00,000
Tenure : 7 years to 10 years
Documentation Process : Paperless
Standard Fixed Deposit
The depositors can receive monthly or quarterly interest, and the product offers partial withdrawals, early redemption, auto-renewal, nomination, and a loan or overdraft facility against the deposit.
Tenure : 7 days to 10 years
Partial or Premature Withdrawal : Available
Minimum Deposit : Rs 1,000
Automatic Renewal Option : Available
Dhan Samriddhi Fixed Deposit
It is designed to help you achieve your short-term financial objectives, such as marriage, festivals, travel, education, or home renovation. It is a safe and flexible way of planning future expenditures.
Tenure : 6 months to 10 years
Minimum face value: Rs 5,000
Overdraft Against Fixed Deposit : Available
Nomination Facility : Available
Tax Saver Fixed Deposit
Bandhan Bank Tax Saver FD is a safe investment that offers tax savings under Section 80C of the Income Tax Act, with a deduction of up to 1.5 lakhs per year. It includes a compulsory 5-year lock-in period, offers guaranteed returns, and is a perfect product to suit risk-averse individuals.
Tenure: 5 years lock-in
Minimum Investment Amount : Rs 1,000
Maximum Investment Amount : Rs 1,50,000
Nomination Facility : Available
Tax Saving Option : Available under Section 80C
Bandhan Bank FD Rates Comparison with Other Banks
Bank Name
Lowest Rate
Highest Rate
State Bank Of India
3.05%
6.45%
ICICI Bank
2.75%
6.5%
HDFC Bank
2.75%
6.45%
Axis Bank
3%
6.45%
Punjab National Bank
3%
6.4%
Kotak Mahindra Bank
2.75%
6.7%
Yes Bank
3.25%
7.75%
Bank of Baroda
3.5%
6.45%
IndusInd Bank
3.25%
7%
Indian Bank
2.8%
6.45%
Union Bank of India
2.75%
6.3%
Bank of India
3%
6.7%
Canara Bank
4%
7.25%
IDBI Bank
3%
6.55%
Indian Overseas Bank
2.9%
6.6%
Bank of Maharashtra
2.6%
6.65%
Central Bank of India
3%
6.5%
Punjab and Sind Bank
2.85%
6.6%
UCO Bank
2.9%
6.45%
RBL Bank
3.5%
7.2%
PNB Housing Finance
3.25%
6.6%
Federal Bank
3%
6.75%
Bandhan Bank
2.95%
7.2%
South Indian Bank
2.9%
6.6%
Karur Vysya Bank
4%
6.65%
Tamilnad Mercantile Bank
4%
7.1%
Karnataka Bank
3.5%
6.65%
DBS Bank
2.75%
6.6%
Shriram Finance Ltd
6.79%
7.35%
Bajaj Finance Ltd
6.6%
6.95%
Mahindra Finance Ltd
6.4%
6.8%
Fincare Small Finance
3%
8.61%
Utkarsh
4%
7.5%
Unity Small Finance Bank
4%
7.25%
Suryoday Small Finance Bank
4%
7.9%
DCB Bank
3.75%
7.15%
Equitas Small Finance Bank
3.5%
7.3%
ESAF Small Finance bank
2.75%
7.6%
Karnataka Grameena Bank
3.25%
6.6%
North East Small Finance bank
3.5%
7.75%
Saraswat Bank
3.25%
6.9%
Shivalik Small Finance Bank
3.5%
7.5%
Ujjivan Small Finance Bank
3.5%
7.45%
*FD interest rates w.e.f. March 2026 (for general public, domestic FDs < ₹3 Cr).
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Key Benefits of Bandhan Bank Fixed Deposits
01
Attractive Interest Rates
General citizens can earn up to 7.25% per annum on Bandhan Bank FDs, depending on the deposit amount and selected tenure.
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02
Senior Citizen Advantage
Bandhan Bank provides additional interest rates for resident senior citizens with valid age proof. These special rates apply only to Resident Indians. Senior citizens get rates as high as 7.75%.
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03
Variety of Schemes
Choose from multiple Bandhan Bank FD options like Neo+ Digital, Standard, Premium, Tax Saver, Advantage, and Dhan Samriddhi.
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04
Premature Withdrawal
Most Bandhan Bank FDs allow premature withdrawal with a 1% penalty on the applicable interest rate. However, this facility is not available for Tax Saver FDs.
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05
Low Minimum Deposit
You can start a Bandhan Bank fixed deposit with as little as ₹1,000.
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06
Loan Against FD
Customers can opt for a Bandhan Bank loan against FD, which allows them to access up to 90% of the deposit amount. This facility is cost-effective, typically charging an interest rate of just 1.5% to 2% above your existing FD rate.
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How to Open a Bandhan Bank Fixed Deposit
Follow these simple steps to open a Fixed Deposit with Bandhan Bank, whether you're a new or existing customer. You can choose between online and offline methods based on your convenience.
Bandhan Bank Online FD Account Opening
If you are willing to open your Bandhan Bank FD online, then you can go through the way through NetBanking or the Mobile App. Follow the steps given below to know more -
Bandhan Bank Offline FD Account Opening
If you prefer to visit a branch, you can easily open a fixed deposit account offline.
Log In:
Log in to your Bandhan Bank NetBanking account or the mBandhan mobile app.
Go to 'Fixed Deposit':
From the main menu, navigate to the 'Fixed Deposit' section and select the 'Open FD' option.
Fill in Details:
Enter required details, including the deposit amount, preferred tenure, and nomination details.
Maturity Instructions:
Choose your maturity instructions, such as interest payout frequency or auto-renewal.
Review & Submit:
Review all the details carefully, and click 'Submit' to confirm
Visit a Branch
Visit your nearest Bandhan Bank branch with documents
Fill the FD Form
Fill out the fixed deposit application form at the branch.
Submit Documents
Submit the completed form along with the necessary KYC documents
Fund Transfer/Deposit
Deposit the FD amount via cheque, cash, or a digital transfer.
Tenure & Interest Options
Choose your desired tenure and interest payout frequency.
Get the FD Receipt
Upon successful processing, a confirmation will be there
Eligibility
The following are eligible people who can open a Bandhan Bank FD:
Bandhan Bank Fixed Deposits offer flexible tenures and digital ease, with the option to take loans against deposits. While they provide strong returns, it’s important to account for tax implications and compare them with the other FD rates available in India to maximize your yield. For global investors, Bandhan Bank NRE FD rates offer a tax-free, fully repatriable way for NRIs to grow their foreign earnings securely in India without worrying about taxes.
What is the minimum amount required to open a Bandhan Bank Tax Saver Fixed Deposit?
The minimum amount required to open a Bandhan Bank Tax Saver Fixed Deposit is ₹1,000.
How much tax exemption can I claim under Section 80C with a Bandhan Bank Tax Saver FD?
You can claim a maximum tax exemption of up to ₹1,50,000 per financial year under Section 80C by investing in a Bandhan Bank Tax Saver Fixed Deposit.
Can I close my Bandhan Bank Tax Saver Fixed Deposit before maturity?
No, Bandhan Bank Tax Saver Fixed Deposits cannot be closed prematurely or partially before the completion of the mandatory 5-year lock-in period to get benefits under the Income Tax Act, 1961.
Is it possible to take a loan against my Bandhan Bank FD?
Yes, Bandhan Bank allows customers to avail of a loan of up to 90% of the FD amount. Customers must pay a deposit rate plus 1.5% to 2% interest for loans against FD.
What are the latest fixed deposit interest rates offered by Bandhan Bank in 2026?
The latest fixed deposit interest rates offered by Bandhan Bank range from 2.95% to 7.25% per annum for the general public, and from 3.70% to 7.75% per annum for senior citizens.
What is Bandhan Bank Neo+ Digital Fixed Deposit Scheme?
Neo+ Digital Fixed Deposit is a modern, hassle-free fixed deposit scheme that can be opened entirely online. It's designed for convenience, offering a paperless contactless experience with a minimum deposit of ₹1,000 and a maximum of ₹2 lakh.
What is Bandhan Bank Dhan Samriddhi Fixed Deposit?
Dhan Samriddhi Fixed Deposit is designed for customers with short-term financial goals who want to earn higher returns through compounded interest. The deposit can be opened for a term of 6 months to 10 years, with a minimum deposit of ₹5,000.
SBI Multi Deposit Scheme (MODS) is one such financial product in which your or another individual's term deposit
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in * The Guaranteed Returns are dependent on the policy term and premium term availed, along with the other variable factors. The 6.9% rate of return is for an 18-year-old, healthy male for a policy term of 20 years and premium term of 10 years with a Rs . 20,000 monthly instalment premium. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year, and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
** The Life Cover amount varies as per plan specifications. Please read the policy document for details.
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
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