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Bank FD: This private sector bank increased the interest rates of FD and Savings Account

Bandhan Bank News: There is good news for the customers having an account in Bandhan Bank of the private sector. The bank has increased the interest rates of fixed deposits and savings accounts. The new rates of the bank have come into effect from July 4. Customers having account in savings account will get interest at the maximum rate of 6.25 percent. At the same time, the interest rate of FD for the general public will be between 3 percent to 5.60 percent.

How much interest will you get on FD?
Banks offer FD facility to customers from 7 days to 10 years. In this, banks are giving interest at the rate of 3 percent on fixed deposits of 7 days to 14 days. Interest will be available at the rate of 3 percent on FDs of 15 days to 30 days, 3.50 percent on FDs of 31 days to less than 2 months. 4.50 percent on FDs of 2 months to less than 3 months, 4.50 percent on FDs of 3 months to less than 6 months, 4.50 percent on FDs of 6 months to less than 1 year, FDs from 1 year to 18 months But 6.25 percent, FDs of more than 18 months and less than 2 years, 6.25 percent, 2 years to less than 3 years 6.50 percent, 3 years to less than 5 years 6.50 percent and 5 years to 10 years 5.60 percent Interest will be available at the rate of Rs.

How much benefit will senior citizens get-

    • 7 days to 14 days – 3.75 percent
    • 15 days to 30 days – 3.75 percent
    • 31 days to less than 2 months – 4.25 percent
    • 2 months to less than 3 months – 5.25 percent
    • 3 months to less than 6 months – 5.25 percent
    • 6 months to less than 1 year – 5.25 percent
    • 1 year to 18 months – 7 percent
    • Above 18 months and below 2 years – 7 percent
    • 2 years to less than 3 years – 7.25%
    • 3 years to less than 5 years – 7.25%
    • 5 years to 10 years – 6.35 percent

 

How much will be the benefit on savings account?
Talking about the savings account, the bank is giving the benefit of interest ranging from 3 percent to 6 percent to the customers. The interest rates on savings accounts have also come into effect from April 4. Let’s check the latest rates-

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