Rates and Charges
Statement that reinforces ideas of transparency and Integrity
Domestic / Non-Resident Rupee Savings Deposit Interest Rate Chart, w.e.f. September 30, 2022
| Bandhan Bank Savings Bank Account | Interest Rate |
| Account Type | Rate p.a |
| Domestic and Non-Resident Rupee Savings Bank Account | |
| a. Daily Balance up to ₹1 lakh | 3.00% |
| b. Daily Balance above ₹1 lakh to ₹10 lakh | 6.00% |
| c. Daily Balance above ₹10 lakh to ₹2 crore | 6.25% |
| d. Daily Balance above ₹2 crore to ₹10 crore | 6.25% |
| e. Daily Balance above ₹10 crore to ₹50 crore | 6.50% |
| ## For rates on amount above ₹50 crore, please contact the Branch Manager. | |
Points to note:
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Bulk Deposit Interest Rates w.e.f. November 24, 2022
| With Premature Payment Facility | (All rates are per annum) w.e.f. November 24, 2022 | |||
| Tenure | ₹2 cr to ₹10 cr | Above ₹10 cr to less than ₹25 cr | ₹25 cr to less than ₹50 cr | ₹50 cr and above |
| 7 days to 15 days | 3.25% | 3.25% | 3.25% | 3.25% |
| 16 days to 28 days | 3.25% | 3.25% | 3.25% | 3.25% |
| 29 days to 45 days | 5.40% | 5.40% | 5.40% | 5.40% |
| 46 days to 90 days | 5.40% | 5.40% | 5.40% | 5.40% |
| 91 days to 180 days | 6.00% | 6.00% | 6.00% | 6.00% |
| 181 days to 364 days | 6.00% | 6.00% | 6.00% | 6.00% |
| For 365 days | 7.25% | 7.25% | 7.25% | 7.25% |
| For 366 days | 7.25% | 7.25% | 7.25% | 7.25% |
| For 367 days to less than 15 months | 7.25% | 7.25% | 7.25% | 7.25% |
| 15 months to less than 2 years | 6.15% | 6.15% | 6.15% | 6.15% |
| 2 years to less than 3 years | 6.15% | 6.15% | 6.15% | 6.15% |
| 3 years to less than 5 years | 6.15% | 6.15% | 6.15% | 6.15% |
| 5 years to 10 years | 5.00% | 5.00% | 5.00% | 5.00% |
| Without Premature Payment Facility | (All rates are per annum) w.e.f. November 24, 2022 | |||
| Tenure | ₹2 cr. to ₹10 cr. | Above ₹10 cr. to less than ₹25 cr | ₹25cr.to less than ₹50 cr | ₹50 cr. and above |
| 7 days to 15 days | 3.25% | 3.25% | 3.25% | 3.25% |
| 16 days to 28 days | 3.25% | 3.25% | 3.25% | 3.25% |
| 29 days to 45 days | 5.80% | 5.80% | 5.80% | 5.80% |
| 46 days to 90 days | 6.30% | 6.30% | 6.30% | 6.30% |
| 91 days to 180 days | 6.75% | 6.75% | 6.75% | 6.75% |
| 181 days to 364 days | 6.75% | 6.75% | 6.75% | 6.75% |
| For 365 days | 8.00% | 8.00% | 8.00% | 8.00% |
| For 366 days | 8.00% | 8.00% | 8.00% | 8.00% |
| For 367 days to less than 15 months | 8.00% | 8.00% | 8.00% | 8.00% |
| 15 months to less than 2 years | 7.40% | 7.40% | 7.40% | 7.40% |
| 2 years to less than 3 years | 7.40% | 7.40% | 7.40% | 7.40% |
| 3 years to less than 5 years | 7.40% | 7.40% | 7.40% | 7.40% |
| 5 years to 10 years | 5.50% | 5.50% | 5.50% | 5.50% |
Disclaimer:
- In case of premature withdrawal of deposit 1% penalty will be levied on the corresponding ROI for which the deposit is actually kept with the bank
- Any deposit above ₹10 crore can be taken only after prior approval of treasury
FCNR (B) Term Deposit Interest Rate Chart, for the month of November 2022
| Tenor | USD | GBP | EUR |
| 1 Year to < 2 Years | 5.44% | 3.85% | 1.80% |
| 2 Years to < 3 Years | 5.52% | 4.52% | 2.45% |
| 3 Years to < 4 Years | 5.28% | 4.43% | 2.50% |
| 4 Years to < 5 Years | 5.00% | 4.20% | 2.42% |
| 5 Years only | 3.46% | 2.66% | 1.09% |
Note:
- For FCNR (B) deposit, Interest is compounded at a half-yearly frequency
- No interest is payable, if the deposit is withdrawn before one year
- No premature penalty for the deposit withdrawn after completion of one year. However, interest shall be paid at the rate applicable for the period deposit has remained with the Bank
- Above interest will be paid at the rate available on the date of deposit
- The above rates are applicable for fresh and renewal fixed deposits and are subject to change from time to time. Kindly check the rates before booking the FCNR Fixed Deposit
Retail Domestic / Non-Resident Rupee Term Deposit Interest Rate Chart w.e.f. November 7, 2022
| Maturity Bucket | Interest Rates for Non-Senior Citizens | Interest Rates for Senior Citizens |
| 7 days to 14 days | 3.00% | 3.75% |
| 15 days to 30 days | 3.00% | 3.75% |
| 31 days to less than 2 months | 3.50% | 4.25% |
| 2 months to less than 3 months | 4.50% | 5.25% |
| 3 months to less than 6 months | 4.50% | 5.25% |
| 6 months to less than 1 year | 4.50% | 5.25% |
| 1 year to 599 days | 7.00% | 7.50% |
| 600 days (1 year, 7 months, 22 days) | 7.50% | 8.00% |
| 601 days to less than 2 years | 7.00% | 7.50% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 7.00% | 7.50% |
| 5 years to up to 10 years | 5.60% | 6.35% |
Note:
- The above rates are applicable for Retail deposits less than ₹2 crore
- 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.
- For pre-mature withdrawal; the Penal Interest Rate of 1% shall be applicable on the card rate. The card rate for premature closure will be lower of the rate for the original/contracted tenure for which the deposit has been booked or the rate applicable for the tenure for which the deposit has been in force with the bank.
- 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.
- Please contact the nearest Bandhan Bank Branch for interest rates on deposits ₹2 Crore and above.
- In case, of reinvestment deposits, the interest reinvested is post TDS recovery and hence the maturity amount for re-investment deposits would vary to the extent of tax and compounding effect on tax for the period subsequent of deduction till maturity.
- In addition to the clauses specified above, for detailed Terms and Conditions governing Bandhan Bank Fixed Deposits, please click here.
- Interest rates are subject to change without any prior notice.
External Benchmark Rate: RBI Repo Linked Lending Rate (RLLR)
Current RLLR: w.e.f. October 1, 2022: 5.90%
(For existing customers the EBR reset is done on quarterly basis)
(A) Home loan Interest Rate Card (Floating) :
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 8.30% | 13.65% |
(B) Repair Loans Interest Rate Card (Floating):
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 11.15% | 13.65% |
(C) Loan Against Property Rate card (Floating)
| Loan Amount | Minimum Interest Rate(%) | Maximum Interest Rate(%) |
| All Loan Amount | 11.90% | 15.40% |
Existing customers who are servicing floating rate loans linked to PLR of erstwhile GRUH can opt for conversion to External Benchmark Rate linked option.
Marginal Cost of Funds based Lending Rates (MCLR) effective from October 31, 2022
| Tenor | MCLR (in %) |
| Overnight | 9.69% |
| 1 Month | 9.69% |
| 3 Months | 9.69% |
| 6 Months | 10.04% |
| 1 Year | 10.32% |
| 2 Years | 10.71% |
| 3 Years | 11.10% |
Forex Rates for November 25, 2022
For transactions in Foreign Currency up to USD 10,000
All values in Rs.
| Currency | Card Rate | |
| BUY RATE | SELL RATE | |
| USD | 81.01 | 82.33 |
| EUR | 83.94 | 86.15 |
| GBP | 97.70 | 100.13 |
Rates as on 09:15 IST
- The card rates as above are indicative and are subject to change based on market volatility. The final rates applicable will be the card rates prevailing at the time of debit/credit to customer account.
Schedule of Charges for Micro Enterprises Loan
| Description | Charges |
| Processing fee | 1% ( of loan disbursement amount ) + GST/ Applicable Tax |
| General Insurance | On actual basis + GST / applicable taxes |
| Foreclosure charges | Nil |
Schedule of Charges for Micro Bazaar Loan
| Description | Charges |
| Processing fee | 1% ( of loan disbursement amount ) + GST/ Applicable Tax |
| General Insurance | On actual basis + GST / applicable taxes |
| Foreclosure charges | Nil |
Schedule of Charges for Micro Home -Loans
| Description | Charges |
| Processing fee | 1% of loan amount or a minimum of ₹5000 plus GST |
| Foreclosure Charges | Nil |
| Penal Interest | Nil |
| Part Pre-Payment | Nil, By default the effect of part prepayment so made shall be given on the balance tenor by keeping the EMI amount same, unless specified by the borrower otherwise. |
| Foreclosure Statement | ₹100 +GST |
| Document Retrieval Charges | ₹500 +GST |
| Duplicate Amortization Schedule | ₹200 +GST |
| Duplicate Statement of Account | ₹100 +GST |
| Duplicate NOC | ₹300 +GST |
| Duplicate NOC | ₹300 +GST |
| Stamp duty | Actual as per State law |
| Equitable Mortgage Charges | Actual as per State law |
| Cersai Charges | Actual as per Cersai |
Note: Applicable taxes will be extra.
Schedule of Charges for NACH Debit
| NACH Sponsorship | Charges (₹) | ||||||||||
| NACH Mandate Registration (per mandate) | Rs.15.00 | ||||||||||
| NACH Mandate Modification (per mandate) | Rs.15.00 | ||||||||||
| NACH Mandate Cancellation (per mandate) | Rs.15.00 | ||||||||||
| NACH Debit Transaction Processing (per Success transaction) | Rs.5.00 | ||||||||||
| Mandate Form (100 pcs/packet) | Rs.50.00 | ||||||||||
| Maintenance Fee: Active Mandates (per mandate) | Rs.0.50 | ||||||||||
| Maintenance Fee: Dormant Mandate (per mandate/ per annum) |
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| NACH Credit Transaction Processing | Rs.1.00 |
Schedule of Charges for Suchana, Sristi, Sushiksha, Suraksha and Subriddhi
| Description | Charges |
| Processing fee | Below Rs 25000 – NIL More than Rs 25000 - 1% of loan disbursement amount |
| Foreclosure Charges | Nil |
| General Insurance for Suchana and Shristi only | On actual basis |
Schedule of Charges for Super Saver
| Description | Charges |
| Processing fee | Nil |
| General Insurance | Nil |
| Foreclosure charges | Nil |
Note: Applicable taxes will be extra.
Small Enterprise Loans- Schedule of Charges
| Sl. No. | Description | Charges |
| 1 | Loan Processing Charges | 2% (of sanctioned loan amount) |
| 2 | Loan Renewal Charges (WCC) |
Applicable: A) Renewal Charges: 1.00 % of existing sanctioned limit B) General Insurance (if applicable) C) Life Insurance (if applicable) D) In case of enhancement of limit – 1.00% of existing sanctioned limit and 2 % on the enhancement amount |
| 3 | Rate of interest | The rate varies from 15% p.a. to 19.50% p.a. |
| 4 | General Insurance | As per agreement with insurer |
| 5 | Cheque/ EMI Bouncing Charges | Rs. 300 |
| 6 | Late Payment / Overdue Charges | 2% p.m. on EMI outstanding |
| 7 | Stamp Duties | Actual , as per state laws |
| 8 | Expiry of working capital limits | 1% per annum on the outstanding amount of Fund-Based credit facilities for the expiry period. First 30 days after expiry date, there will be no charge |
| 9 | Cheque book issuance charges | For every FY, one book of 25 leaves free, and thereafter chargeable as per Bank’s policy |
| 10 | Foreclosure Charges | 4% of principal outstanding if 50% or more of the tenure is remaining, for loans above Rs.10 Lakh |
- All the above charges will attract applicable Taxes which will also have to be collected from the Borrower.
- General Insurance premium will be ascertained as per agreement with Insurer plus GST / applicable taxes
- Life Insurance premium will be ascertained as per agreement with Insurer plus GST / applicable taxes.
SME & Corporate Loans - Service charges for Fund - Based Products (CC, OD, TL) and NonFund Based Products (BG and inland LC) [ effective from 12.10.2020]
To view details Click here.
Schedule of Charges for Agri Loan/Kisan Credit Card
| Description | Charges |
| Penal Interest | 2% p.a. on overdue amount over and above normal interest rate |
| Foreclosure charges | For CC/OD: 4% plus applicable taxes on Sanctioned limit, if closed within 1 year. Else, Nil. For TL: 4% plus applicable taxes on principal outstanding. |
Schedule of Charges for Gold Loan
To view details Click here.
Schedule of Charges for Home Loan and Loan against Property
To view details Click here.
Schedule of Charges for Personal Loan
To view details Click here.
Schedule of Charges for Car Loan
To view details Click here.
Schedule of Charges for Two Wheeler Loan
To view details Click here.
Savings Account – Schedule of Charges & Features
To view details Click here.
Current Account – Schedule of Charges & Features
To view details Click here.
Biz Elite Current Account – Schedule of Charges
To view details Click here.
Non Resident Savings Account – Schedule of Charges & Features
To view details Click here.
Corporate Salary Account – Schedule of Charges & Features
To view details Click here.
Common service charges applicable to all Savings Account (SB) & Current Account (CA) variants including Non Resident Deposits
To view details Click here.
