Bandhan Bank FD: Earn 7.95% — Is Your Deposit Here?

Bandhan Bank has raised fixed deposit interest rates by up to 20 basis points. Senior citizens can now earn up to 7.95% per year on 2-to-3-year FDs, making this one of the more competitive FD rates among private banks right now.

Here's what happened: Bandhan Bank revised its fixed deposit rates upward by up to 20 basis points across select tenures.. Senior citizens can now earn up to 7.95% per annum on deposits with a 2-to-3-year tenure.. Regular (non-senior) customers earn a slightly lower rate on the same tenures, typically 0.50% less than the senior citizen rate..

What you should do: Compare: Check if Bandhan Bank's 7.95% beats your current FD rate — even a 0.5% difference on ₹5 lakh saves ₹2,500 a year.. Confirm eligibility: Senior citizen rates apply to individuals aged 60 and above — carry valid age proof when booking at the branch or app.. Plan tenure wisely: Lock into the 2-to-3-year bracket to capture the peak rate before banks start cutting rates if RBI reduces repo rate..

Many banks also offer a 'super senior citizen' rate for those aged 80+, adding another 0.10–0.25% on top. Always ask specifically — it's rarely advertised upfront.