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  • FD Break Up

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    Rajarshi Das
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    Bandhan Bank offers interest rates on savings accounts over 1 crore rupees (INR) with tiered rates. Savings balances up to 1 lakh rupees earn 3% interest, between 1-10 lakhs earn 5% interest, and amounts from 10 lakhs to 1 crore earn 6% interest. The total interest earned on a 1 crore balance would be 5.88 lakhs (INR 588,000) if compounded annually. Fixed deposits over 1 crore earn 6.25-7% interest depending on the term, with monthly and annual interest payout options provided.

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    Bandhan Bank offers interest rates on savings accounts over 1 crore rupees (INR) with tiered rates. Savings balances up to 1 lakh rupees earn 3% interest, between 1-10 lakhs earn 5% interest, and amounts from 10 lakhs to 1 crore earn 6% interest. The total interest earned on a 1 crore balance would be 5.88 lakhs (INR 588,000) if compounded annually. Fixed deposits over 1 crore earn 6.25-7% interest depending on the term, with monthly and annual interest payout options provided.

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    6 views1 page

    FD Break Up

    Uploaded by

    Rajarshi Das
    Bandhan Bank offers interest rates on savings accounts over 1 crore rupees (INR) with tiered rates. Savings balances up to 1 lakh rupees earn 3% interest, between 1-10 lakhs earn 5% interest, and amounts from 10 lakhs to 1 crore earn 6% interest. The total interest earned on a 1 crore balance would be 5.88 lakhs (INR 588,000) if compounded annually. Fixed deposits over 1 crore earn 6.25-7% interest depending on the term, with monthly and annual interest payout options provided.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Bandhan Bank Interest on savings break up structure on 1 cr.

    Upto 1 lakh rupees – 3 % i.e 3000/-

    Upto 101000 to 10 lakh rupees – 5% i.e 45000/- 99 lakh ke upar

    From 10 lakh 1 rupee to 1 crore 6% on 90 lakh is 5.4 lakhs

    Total= 588000 it will be more if compounded annually

    Fd Rates

    On 1 crore @ 6.25 % 2 years 1 month to less than 3 years 6,25,000 yearly, 52083 monthly

    On crore @ 7% for 2y 1 m toy 11 m is 7 lakhs and monthly 58333

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