Bandhan Bank FD Eligibility Criteria Interest Rates 2025 FD Calculator and Benefits

Unlock the Power of Safe Investment with Bandhan Bank FD Calculator Interest Rates and Benefits in 2025

Are you looking for a secure and reliable way to grow your savings in 2025? Bandhan Bank offers Fixed Deposits (FDs) that provide attractive interest rates, easy access to funds, and a risk-free investment option. Whether you’re new to investing or looking for a safe place to park your money, Bandhan Bank’s Fixed Deposits are a great choice. In this comprehensive guide, we’ll walk you through everything you need to know about Bandhan Bank FD Calculator, current interest rates for 2025, eligibility criteria, and the many benefits of opening a Fixed Deposit. Let’s dive in!

Bandhan Bank FD Interest Rates for 2025

When you invest in a Fixed Deposit, one of the key factors to consider is the interest rate. Bandhan Bank offers some of the most competitive FD rates in 2025, ensuring that your money grows at a higher rate compared to a regular savings account. Below is a detailed breakdown of Bandhan Bank’s FD interest rates in 2025:

FD Tenure	Interest Rate (General)	Interest Rate (Senior Citizens)
7 days to 1 month	3.25% to 4%	3.75% to 4.5%
1 month to 3 months	4.5% to 5.5%	5% to 6%
3 months to 6 months	5.5% to 6%	6% to 6.5%
6 months to 1 year	6% to 6.5%	6.5% to 7%
1 year to 2 years	6.5% to 7%	7% to 7.5%
2 years to 5 years	7% to 7.5%	7.5% to 8%

 

These attractive interest rates ensure that you’re earning a good return on your investment. Moreover, senior citizens enjoy a 0.5% higher interest rate on their deposits, making it a beneficial option for retired individuals.

What is the Bandhan Bank FD Calculator and How Does it Work?

The FD calculator is an easy-to-use online tool that allows you to calculate the maturity amount of your fixed deposit before making the investment. With just a few details, the FD calculator can give you a precise estimate of the total amount you’ll receive at the end of the tenure, including your initial deposit and the interest earned.

Here’s how the Bandhan Bank FD Calculator works:

1. Deposit Amount: Enter the amount you plan to invest.
2. Tenure: Choose the duration for which you want to lock your money in the FD.
3. Interest Rate: Select the rate applicable for your chosen tenure (based on current rates).

Once you input these details, the FD calculator will provide an exact maturity amount, making it easier for you to plan your investments and financial goals.

Who Can Open a Bandhan Bank Fixed Deposit Account?

Opening an FD with Bandhan Bank is simple and accessible for most individuals. Here’s who can open a Bandhan Bank Fixed Deposit:

1. Indian Residents: Any Indian citizen or resident can open an FD account.
2. Senior Citizens: Special interest rates are available for senior citizens.
3. Minors: A minor can open an FD with the help of a guardian.
4. Trusts and Institutions: Trusts, societies, and institutions can also open Fixed Deposit accounts.
5. Non-Resident Indians (NRIs): NRIs can open Fixed Deposit accounts with Bandhan Bank through the NRI FD scheme.

Eligibility Criteria for Bandhan Bank Fixed Deposits

Before you can open an FD with Bandhan Bank, you’ll need to meet a few basic eligibility criteria. Here’s what you need to know:

• Age: Fixed Deposits are available for individuals of all ages, but senior citizens receive higher interest rates.
• Account Type: You must have an active savings or current account with Bandhan Bank. If you don’t have one, you can still open an FD via a standalone deposit account.
• Minimum Deposit: The minimum deposit requirement for an FD is ₹1,000. You can deposit larger amounts depending on your financial capacity.
• Documentation: You’ll need to provide valid identification proof (such as Aadhar card, PAN card, etc.) and proof of address (such as utility bills).
• Tenure: Bandhan Bank allows you to select tenures ranging from 7 days to 10 years, offering flexibility to choose a term that suits your needs.

Why Choose Bandhan Bank Fixed Deposits?

There are several reasons why Bandhan Bank’s Fixed Deposits stand out as a great investment option. Here are the top benefits:

• Guaranteed Returns: Fixed Deposits offer assured returns, meaning you know exactly how much you will earn by the end of the tenure. This makes FDs an excellent choice for risk-averse investors who want steady growth.
• Safety and Security: Fixed Deposits are a safe investment option, as they are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), which guarantees protection up to ₹5 lakh per depositor. This ensures your money is safe and secure with Bandhan Bank.
• Higher Interest Rates for Senior Citizens: Bandhan Bank offers an extra 0.5% interest rate for senior citizens, which is an added benefit for retirees looking for safe investments with better returns.
• Flexibility in Tenure: Whether you are saving for the short term or long term, Bandhan Bank offers flexible tenure options ranging from 7 days to 10 years, giving you the freedom to choose according to your goals.
• Tax Saving FD: Bandhan Bank also offers tax-saving Fixed Deposits under Section 80C of the Income Tax Act, allowing you to save up to ₹1.5 lakh annually in taxes. These FDs come with a 5-year lock-in period.
• Monthly, Quarterly, or Cumulative Interest Options: You can choose how you want your interest payouts. If you need a steady income, opt for monthly or quarterly payouts. Otherwise, you can select the cumulative option, where the interest is added to the principal and paid at maturity.
• Loan Against FD: Need funds before your FD matures? Bandhan Bank allows you to take a loan against your Fixed Deposit. This is a great option if you need liquidity without breaking your FD and losing the interest benefits.
• Online and Hassle-Free Process: You can easily open an FD with Bandhan Bank online via its website or mobile app. The process is quick, convenient, and allows you to manage your investment without the need to visit the bank.
• Nomination Facility: Bandhan Bank allows you to nominate someone to manage your FD in case of an unfortunate event. This ensures that your loved ones can access the funds without any complications.
• Premature Withdrawal: While FDs are meant to be long-term investments, Bandhan Bank provides the option for premature withdrawal. However, early withdrawal may lead to a penalty, and the interest rate may be lower than the agreed-upon rate.
• No Hidden Charges: Bandhan Bank’s Fixed Deposits are transparent, with no hidden fees or charges. You can be confident that your investment is free of surprises, giving you peace of mind.
• Tax Deducted at Source (TDS): Bandhan Bank calculates and deducts TDS as per government guidelines if the interest income exceeds ₹40,000 (₹50,000 for senior citizens). However, you can submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.

How to Open a Bandhan Bank Fixed Deposit?

Opening a Fixed Deposit with Bandhan Bank is easy and can be done either online or at a branch. Here’s how you can open an FD:

Step 1: Choose the Right Type of FD

Decide on the tenure and type of Fixed Deposit. Bandhan Bank offers various tenures, ranging from 7 days to 10 years. You can choose a regular FD, or for tax-saving purposes, opt for an FD under Section 80C of the Income Tax Act (with a 5-year lock-in period).

Step 2: Gather Necessary Documents

Make sure you have all the required documents ready, as mentioned earlier. You can either submit them online (if you are opening the FD online) or carry them to your nearest Bandhan Bank branch.

Step 3: Choose the Amount and Tenure

Decide how much money you want to invest in your Fixed Deposit and the duration for which you’d like to lock in the deposit. Based on this, you’ll receive the corresponding interest rate.

Step 4: Fill Out the Application Form

Complete the FD application form, providing your personal details, chosen tenure, and the deposit amount. You can do this at the branch or online.

Step 5: Submit Documents and Make the Deposit

Submit the necessary documents (ID proof, address proof, etc.) and make your deposit payment. If you're opening the FD online, you’ll be required to link your existing bank account for payment.

Step 6: Receive the FD Receipt

Once your FD is successfully opened, Bandhan Bank will issue an FD receipt confirming your deposit. This receipt contains all the details of your FD, including the deposit amount, interest rate, and maturity date.

Step 7: Monitor Your FD

You can track your FD online using Bandhan Bank’s mobile app or internet banking platform. You can also opt for automatic renewal once your FD matures.

More Advantages of Bandhan Bank Fixed Deposits

1. Attractive Reinvestment Options: You can reinvest your interest earnings to grow your savings faster. Reinvestment of interest leads to compounding, which can significantly increase the returns on your FD over time.
2. Customer Support: Bandhan Bank offers strong customer support, helping you with any queries regarding your FD account, maturity, or any other related concerns. Their team is available online, through phone, or in person at the branches.
3. Easy Renewal: Bandhan Bank offers the option to renew your FD automatically once it matures. You can also modify the tenure during renewal to better match your current financial goals.
4. Wide Network of Branches: With Bandhan Bank’s extensive network of branches across India, accessing your FD or managing your account is easy, no matter where you are.