Bandhan Bank Savings Account

What is a Bandhan Bank Savings Account

A savings account with Bandhan Bank enables customers to save money securely and earn interest on the deposited amount. It assists in daily banking operations like cash deposits, withdrawals, transfer of funds, paying bills, and transactions through ATMs. Customers can also link their savings accounts to other facilities like Bandhan Bank sweep in FD, where surplus balance is automatically transferred to a fixed deposit to earn higher FD interest rates. The interest is calculated on a daily basis and credited quarterly.

Bandhan Bank Savings Account Interest Rates

The following table shows the savings account interest rates based on outstanding balance slabs:

*Bandhan Bank Savings account interest rates w.e.f. February 26, 2026

Types of Bandhan Bank Savings Accounts

Bandhan Bank offers different savings account options designed to meet the banking needs of various customer groups.

1. Neo+ Digital Savings Account: 

   Fully digital savings account, video KYC, no paper, debit card, and ₹5,000 monthly balance requirement.

2. Legacy Savings Account: 

   Flagship account that has a personal relationship manager, global lifestyle, estate planning needs, and access to international lounges.

3. Elite Plus Savings Account: 

   This is a high-end account, which also offers access to support of a relationship manager, free golf sessions, a lounge, higher reward points, and a premium debit card.

4. Elite Savings Account: 

   Premium savings account, with personalised banking, lifestyle benefits, reward points, and free access to domestic lounges.

5. Premium Savings Account: 

   It is a high-value account and requires a balance of ₹1 lakh, lifetime privileges, free transactions, and Bank at Home services.

6. Avni Savings Account: 

   Female-based account offering lifestyle benefits, special pricing on banking products, travel deals, and discounted wellness brands.

7. Inspire Programme Savings Account: 

   It is a senior citizen account that provides healthcare benefits, priority banking services, and on top of deposits, it is given an extra interest.

8. Advantage Savings Account:

    A premium account that has larger deposits, no cash transfer fee, and Visa Platinum features of a debit card.

9. Classic Savings Account: 

   A low minimum deposit account with cheque leaves, a ₹10,000 monthly balance, and Mastercard Titanium debit card services.

10. Standard Savings Account: 

    A savings account with an entry-level requirement of a ₹2,000 balance and basic banking facilities, and limited free transaction allowances.

11. Sanchay Savings Account:

     Low maintenance account with a balance requirement of ₹2,000 and basic banking.

12. Pension Savings Account: 

    Retirement-based account, no balance requirements, good interest rates, priority banking services.

13. Special Savings Account: 

    A savings account that offers a particular service to the differently-abled customers and offers special assistance and convenient banking services.

14. PMJDY Savings Account: 

    PMJDY is a zero-balance account that is government-supported, insured, has debit card benefits, and has financial inclusion features.

15. BSBDA Savings Account: 

    Bandhan Bank zero balance savings account that provides basic banking services, debit card usage, and a passbook.

16. Bandhan Super Saver Account: 

    This is a scheme of daily deposits by small earners in which the collected savings are automatically converted into fixed deposits.

Key Features of Bandhan Bank Savings Account

The Bandhan Bank savings account includes several features that provide convenience, flexibility, and better financial management.

• Digital Banking Access: Customers have access to internet banking and mobile banking and UPI to send and receive funds, bills, and do transactions at any given time.
• Debit Card & ATM Access: Debit cards allow one to use the ATM and make secure payments at stores with the supported networks.
• Daily Interest Calculation: Interest is calculated on the balance that is kept in the savings account on a daily basis.
• Quarterly Interest Credit: The interest is credited to the savings account quarterly.
• Bandhan Bank Sweep in FD Facility: It allows transfer of the surplus to the fixed deposits automatically to gain higher FD interest rates.
• Relationship Manager Support: Select premium accounts have a personalised banking service through relationship managers.
• Lifestyle & Banking Benefits: Benefits like a lounge, rewards, and lifestyle privileges are provided in the premium savings accounts.

How to Open a Bandhan Bank Savings Account

The customers are able to open a Bandhan Bank savings account both online and offline.

Online Process

In order to open a savings account online, follow the given steps:

• Visit Website/App: Open the official website of Bandhan Bank or the mobile app.
• Select Account Type: Select the account type.
• Fill Details: Enter personal information and contact information.
• Upload Documents: Submit the Aadhaar, PAN, and a photograph.
• Complete Verification: Complete online KYC or video verification.
• Activate Account: The account is activated after account verification.

Offline Process

A savings account can also be opened in Bandhan Bank by going to a branch.

• Visit the Branch: Go to the nearest Bandhan Bank branch.
• Request Application Form: Ask for the savings account opening form.
• Fill Application: Provide the required personal and contact details.
• Submit Documents: Submit identity proof, address proof, PAN, and photographs.
• Complete Verification: Finish in-branch KYC verification.
• Account Activation: The account is activated after successful processing.

Key Takeaways

Bandhan Bank savings account is a secure type of banking that calculates daily interest and gives interest quarterly. Digital banking, debit card access are some of the features that make it a viable option among the best savings accounts for convenient and flexible banking. Customers looking to earn higher returns may also consider fixed deposits linked to their account to benefit from Bandhan Bank FD interest rates.