Domestic / NRO / NRE Term Deposit Interest Rate Chart (w.e.

f April 18, 2016):

Tenor
7 days -14 days
15 days 30 days
31 days Less than 2 months
2 Months Less than 3 Months
3 Months Less than 6 Months
6 Months - Less than 1 Years
1 Year - Less than 2 Years
2 Years - Less than 3 Years
3 Years - Less than 5 Years
5 Years - Less than 7 Years
7 Years up to 10 Years

Rates (% per annum)

3.5
4
4
4
4.5
8
8.25
8.25
8
7.75
7.75

Note:

The above rates are applicable for deposits less than INR 1 Crore.
Please contact nearest Bandhan Bank Branch for deposits more than INR 1 Crore
The Senior Citizens will get additional 0.50% over and above the given rates.
The Senior Citizen Rates are only for Resident Indians and do not apply to NRIs.
Submission of proof of Age is mandatory to avail Senior Citizen Rates.
Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per extant Indian
Income Tax laws.
Submission of Income Tax PAN No. is mandatory, failing which TDS will be deducted at a higher rate as per
Indian Income Tax laws.
Interest rates are subject to change from time to time. Applicable interest rates will be given as on the
date / time of receipt of the funds by the bank.
The penal interest rate applicable on premature closure of deposits (all amounts) will be 1% for all tenors.
Please be advised that email Advise shall be sent to the registered email id of the customer for the FDs
booked through Net Banking, Mobile Banking etc.
Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits
prematurely withdrawn within the period of 7 days from the date of deposit.
Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely
withdrawn within the period of 1 year from the date of deposit.

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RBD 2016-17