Kolkata (West Bengal) [India], July 14: Savers seeking stronger yet stable returns have a fresh reason to consider fixed deposits. Bandhan Bank has increased its Fixed Deposit (FD) interest rates on select tenures, with senior citizens now able to earn up to 7.95% per annum on deposits of two years to less than three years. General customers earn 7.45% for the same tenure.
For longer tenures of less than five years, senior citizens earn 7.75% and other customers 7.25%, which is among the best FD rates in the banking industry. Bandhan Bank also offers 6.5% interest on savings account balances above Rs. 5 lakh to Rs. 10 lakh.
For retirees and conservative investors who value capital safety and predictable income, the revised rates make a compelling case for fixed deposits at a time when many savers are seeking shelter from market volatility.
Customers can check the revised FD rates and invest online, with booking available in minutes through retail internet banking or the mBandhan app and no branch visit is required.
To start earning up to 7.95%, open a Bandhan Bank Fixed Deposit today.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.