Bandhan Bank Raises FD Rates on select tenures as Banks Compete for Retail Deposits

ANI
14 Jul 2026, 23:29 GMT+10

VMPL

New Delhi [India], July 14: Even as the Reserve Bank of India has held the policy repo rate steady, competition for retail deposits among lenders remains keen. Bandhan Bank has revised its Fixed Deposit (FD) rates upward on select tenures, taking its peak rate for senior citizens to 7.95% on deposits of two years to less than three years, with general customers earning 7.45% for the same tenure.

On longer tenures of less than five years, the bank offers 7.75% to senior citizens and 7.25% to other customers, among the most competitive in the industry. It also offers 6.5% on savings account balances above Rs. 5 lakh to Rs. 10 lakh.

With lending rates largely stabilised and deposit rates being fine-tuned across the industry, the revision signals Bandhan Bank's intent to strengthen its retail funding base and deepen its deposit franchise.

Customers can view the revised Fixed Deposit schedule and invest online.

Deposits can be booked digitally -- book a Fixed Deposit online via retail internet banking or the mBandhan app.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Milwaukee Sun.

More Information

International

Section

California-led lawsuit challenges Paramount-Warner merger

LOS ANGELES, California: California and 11 other states have filed a lawsuit seeking to block Paramount's proposed US$110 billion acquisition...

Europe’s heatwave claimed over 10,000 extra deaths, mostly elderly

BRUSSELS, Belgium: European countries reported more than 10,000 extra deaths during the record-breaking heatwave that hit western parts...

US looking to stop ICC from investigating, prosecuting Americans

WASHINGTON, D.C.: The Trump administration is starting a new effort to counter what it sees as a threat to U.S. sovereignty from the...

U.S. bases in Kuwait, Bahrain and Jordan come under Iranian fire

TEHRAN, Iran (ANI): Iran's Islamic Revolutionary Guard Corps (IRGC) on Monday (local time) claimed strikes on U.S. military bases in...

Anti-corruption raids force senior Indonesian prosecutor to step down

JAKARTA, Indonesia: A senior Indonesian prosecutor resigned on Saturday after police carried out several raids this week as part of...

Concerns by Dublin-based children’s group over social media design

DUBLIN, Ireland: A group that represents children has raised concerns about early findings against the addictive design of Facebook...

Wisconsin

Section