What is the highest Bandhan Bank FD rate for senior citizens?

The highest Bandhan Bank Senior Citizen FD rate is 7.75% p.a. for deposits between 2 and 5 years.

Is Bandhan Bank FD Safe for Senior Citizens?

Bandhan Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Bandhan Bank FD?

Yes, Bandhan Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Bandhan Bank Senior Citizen FD?

The minimum amount required to open a Bandhan Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Bandhan Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Bandhan Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

Bandhan Bank Senior Citizen Fixed Deposit Rates

Name: Bandhan Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.8 (14969 reviews)

Bandhan Bank offers attractive FD rates for senior citizens ranging from 3.70% to 7.75% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Bandhan Bank Senior Citizen FD rates and special FD schemes for senior citizens.

Bandhan Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.75%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available with a penalty of 0.5% to 1%
Loan Against FD	Up to 90% of the fixed deposit amount.

Bandhan Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of Bandhan Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 days to 14 days	3.70%
15 days to 30 days	3.70%
31 days to less than 2 months	4.20%
2 months to less than 3 months	4.95%
3 months to less than 6 months	4.95%
6 months to less than 1 year	4.95%
1 year	7.50%
1 year 1 day to 1 year 9 months	7.50%
1 year 9 months 1 day to less than 2 years	7.50%
2 years to less than 3 years	7.75%
3 years to less than 5 years	7.75%
5 years to up to 10 years	6.60%

ALSO READ: Central Bank Senior Citizen Fixed Deposit Interest Rates

Use the Bandhan Bank FD Calculator below to estimate the maturity amount and interest earned on your Bandhan Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Compare Bandhan Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Bank of India for specific tenures. The table below compares Bandhan Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Bandhan Bank	7.75% (2 to 5 Years)
Shivalik Small Finance Bank	8.30% (21 to 22 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (24 to 36 Months)
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.45% (3 years)
ICICI Housing Finance	7.35% (48 to 60 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

Frequently Asked Questions