Key Insights 

1. Bandhan Bank RD accounts offer interest rates from 7.25% to 7.75% for terms between 1 and 3 years. Senior citizens get a higher rate.
    
2. You can start a Bandhan Bank RD Interest Rate account with just ₹100 and choose a term from 6 months up to 10 years.
    
3. When your RD account has been active for at least 3 months, you can use the overdraft facility.

Are you interested in building a steady savings habit with good returns? Check out Bandhan Bank RD interest rates for senior citizens and compare them to the regular Bandhan Bank savings interest rates. Take the first step toward a more secure financial future today.

A Recurring Deposit lets you save a fixed amount every month for your future. The bank adds interest every quarter, so your savings grow steadily. You enjoy your interest rate with Bandhan Bank RD interest rates for 5 years. It's easy to build up a solid amount by the end.

I use the Bandhan Bank RD calculator to help plan my savings. If I invest ₹5,000 each month for five years at the current senior citizen rate, I can see how much I’ll have at maturity. This makes it easier to set and reach my financial goals with the latest Bandhan Bank RD interest rates for 2025.

Bandhan Bank RD Interest Rates Based on Tenure

You can reach your financial goals with Bandhan Bank’s competitive RD interest rates, available for a range of investment periods.

Here is the list of the Bandhan Bank RD Interest Rate on Tenure 2026:
 

Note: Please note that all interest rates listed above are current as of 1st November 2023.

You can get better returns if you choose tenures of one to three years. This is especially helpful for senior citizens.

Bandhan Bank RD Key Highlights (Features and Benefits)

Bandhan Bank RDs give you competitive returns, flexible terms, and helpful features that make your savings experience more enjoyable, making saving easier.

Here is the list of the key features and benefits of the Bandhan Bank RD Interest Rate:
 

• You can choose your instalment amount, starting from ₹100 and increasing in steps of ₹1.
• You can open an account by yourself or with someone else, and you can also add a nominee.
• A passbook is provided to help you manage your account easily.
• You can choose a tenure from 6 months to 10 years.
• An overdraft facility becomes available after you have held the account for 3 months.

Save the way you want with low minimum deposits, the option for overdraft, and simple joint account management.

Types of Bandhan Bank Recurring Deposit Accounts

Bandhan Bank has different Recurring Deposit accounts to help customers with various savings needs and goals.

Here is the list of the types of Bandhan Bank RD Interest Rate Account:

1. Domestic Recurring Deposit (RD):
   • Available to resident individuals, minors, Hindu Undivided Families (HUFs), and firms.
   • Lets you save a fixed amount each month to meet your financial goals. Passbook and nomination options are included.
   • Senior citizens usually get a higher interest rate, typically 0.50% to 0.75% more.
      
2. NRE Recurring Deposit (Non-Resident External):
   • Available to Non-Resident Indians (NRIs).
   • Allows you to invest foreign earnings, with tax-free interest and the ability to transfer both principal and interest abroad.
      
3. NRO Recurring Deposit (Non-Resident Ordinary):
   • Available to Non-Resident Indians (NRIs).
   • Helps you manage income earned in India, and includes passbook and nomination facilities.

You can choose Domestic, NRE, or NRO RDs based on your residency status, tax needs, and financial plans.

Conclusion

Bandhan Bank recurring deposits offer high returns for those who save regularly. You can choose a 1-3 year term and can take advantage of senior citizen bonuses and flexible NRI options. You can start with a small amount and enjoy useful features while growing your savings.

FAQS

What if we analyse all the latest bank FD rates in India? Which ones are you guys considering? 

Interest rates change with the market, so it’s a good idea to ask banks directly for their latest offers. Smaller private banks and Small Finance Banks (SFBs) usually offer higher rates than larger public and private banks to attract more deposits.

Am I correct with the analysis, and is it better to stay away from these FDs even though they provide a 9+% interest rate?  

Our analysis is mostly accurate. Fixed Deposits (FDs) with interest rates above 9% do exist, but they usually carry more risk than those from major commercial banks. If you prefer to avoid risk, it is safer to be cautious or avoid these options. The higher interest rate is a reward for taking on more risk.

Which bank provides the highest interest rate on an RD for a tenure of 5 years? 

For a 5-year recurring deposit, Small Finance Banks usually offer the highest rates. For example, Suryoday Small Finance Bank and SBM Bank India have offered rates around 8.25% for five years in some reports. Private banks like HDFC and ICICI typically offer about 7% to 7.25%, while public sector banks such as SBI offer around 6.5% to 7% for the same period. 

Which account is more beneficial, an RD or a savings account?  

An RD (Recurring Deposit) works well if you want to save regularly for a specific goal. It offers higher, fixed interest but is less flexible. A Savings Account is better for emergencies and daily expenses because you can access your money anytime, though the interest is lower and can change. Use an RD for long-term goals like saving for a down payment, and a Savings Account for quick access to cash.

Is an overdraft facility available for Bandhan Bank RD?

Yes, you can get an overdraft facility on your Bandhan Bank RD after your account has been open for three months.