Private lender Bandhan Bank on Monday announced that it is offering up to 8.55% interest rate on Fixed Deposit (FD) for the tenure of 1 year, which is one of the best FD interest rates in the banking industry.

The Bank offers the highest interest rate of 8.55% to the senior citizen customers. On the same FD tenure, the other customers will earn 8.05%.

The Bank is also offering an attractive interest rate of 7.75% to the senior citizens on longer term fixed deposits for the tenure of less than 5 years.

Others will earn 7.25% for the same term deposits. The rates are among the best FD interest rates in the industry.

Bandhan Bank offers an interest rate of 7% on savings account balances above Rs.10 lakh.