For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

This Bank Offers Uniform FD Rate On Long Term Deposits

|

After a slew of banks both from the private and public space, Bandhan Bank is the latest to revise its FD rate. Here are the new revised rates wef July 18.

 

This Bank Offers Uniform FD Rate On Long Term Deposits

Also, the bank is the only one two offer a uniform rate across 2 to 10 years tenure. The FD rate is 7.65%. And senior citizens are eligible to earn 0.75% extra over and above the slab rate specified for other citizens.

FD rates depend on a host of factors from liquidity, monetary policy stance of the Reserve Bank etc.

TenureRevised rate
7 days to 14 days3.5%
15 days to 30 days4%
31 days to less than 2 months4%
2 months to less than 3 months4%
3 months to less than 6 months4.5%
6 months to less than 1 year6.8%
1 year to 18 months7.35%
Above 18 months to less than 2 years7.5%
2 years to less than 5 years7.65%
5 years to less than 7 years7.65%
7 years to upto 10 years7.65%

GoodReturns.in

Story first published: Monday, July 22, 2019, 10:55 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X