Bandhan Bank Savings Account Interest Rate & Minimum Balance 2025

Bandhan Bank offers various savings accounts to cater to customers’ diverse needs. Bandhan Bank savings account comes with attractive interest rates, and flexible minimum balance requirements starting from zero. 

Key Highlights:

• Bandhan Bank savings account interest rate: From 2.70% - 6.15% p.a., depending on your bank balance
• Interest rate payment: Bandhan Bank savings account interest rate will be paid at quarterly intervals
• Bandhan Bank savings account minimum balance: From zero to ₹5 lakh, depending on the savings account type

What is Bandhan Bank Savings Account?

A Bandhan Bank savings account is a deposit account where customers can safely store their money while earning interest. This type of account aims to help customers build up savings and benefit from the growth of their account balance through interest accumulation. 

Bandhan Bank Savings Account Interest Rate 2025

Here is the Bandhan Bank savings account interest rate for the year 2025, effective from 1 September 2025:

Types Of Savings Account in Bandhan Bank

Below are the different types of savings account in Bandhan Bank:

• Neo+ Digital Savings Account - A fully digital, paperless account with video KYC for easy online opening.
• Legacy Savings Account - Account with premium lifestyle benefits and global and preferential banking privileges.
• Elite Plus Savings Account - Premium account offering exclusive lifestyle benefits and personalized services.
• Elite Savings Account - Account with preferential banking privileges, lifestyle perks and and special offers.
• Premium Savings Account - Offers smart banking services and lifestyle privileges for shopping, travel, dining and entertainment.
• Avni (Savings Account for Women) - Tailored for women, providing financial, lifestyle, travel and dining benefits.
• Inspire Programme (Savings Account for Senior Citizens) - Designed for senior citizens, offering health and priority banking benefits.
• Advantage Savings Account - Account with higher transaction limits and additional offers.
• Classic Savings Account - Provides superior banking services with a low balance requirement.
• Standard Savings Account - Ideal for individuals starting their savings journey.
• Sanchay Savings Account - Low maintenance account with easy access to banking services.
• Pension Savings Account - Zero balance account for pensioners with attractive interest rates.
• Special Savings Account - Designed for differently-abled customers with convenient facilities.
• Pradhan Mantri Jan-Dhan Yojana (PMJDY) Savings Account - Zero balance account offering benefits like insurance and direct fund transfer.
• BSBDA Savings Account - Basic account with no minimum balance requirement.
• BSBDA-Small Savings Account - Basic account with minimal documentation and no minimum balance.
• Bandhan Super Saver - Account where funds beyond a threshold are transferred to fixed deposits.

Features And Benefits Of Bandhan Bank Savings Account

Here is a list of some of the features and benefits that the Bandhan Bank savings account provides for its users:

• Cheque and passbook facilities are available.
• Offered interest rates for their savings accounts are attractive in nature.
• Easy account accessibility with mobile banking, phone banking and online banking.
• Ability to make unlimited cash withdrawals at the home branch.
• A total of 20 cheque leaves are available.
• It supports electronic fund transfers like RTGS, IMPS, and NEFT.
• Bandhan bank savings accounts accept nominations.
• 24x7 customer service availability when faced with issues.
• Monthly free limit of cash deposit up to ₹5 lakhs.

How to Open Bandhan Bank Savings Account Online?

Here are the steps to open a Bandhan Bank savings account online:

• Visit the official website of Bandhan Bank.
• Select the ‘Savings Accounts’ option in the ‘Products’ menu.
• You can see a list of the bank’s available savings account options. Choose the one which you prefer the most.
• After selecting the type of Bandhan Bank savings account you want to open, click on ‘Apply Now’.
• Next, fill in all required information, such as your name, contact information, address, PIN code, and city.
• After you have filled out the form, submit it online.
• A bank representative will reach out to you soon to verify your details. They will guide you through the later part of the account opening process. 

Here are the steps to open a Bandhan Bank savings account online:

• Visit the nearest Bandhan Bank branch 
• Collect the savings account opening form from the bank's representatives.
• Submit the duly filled savings account opening form along with the self-attested copies of the required documents. 
• The bank will send a starter kit after verification of the form and documents.
• Once you receive the kit, your savings bank account will be opened and you can later start using it for fund transfer and other banking activities.

Documents Required to Open Bandhan Bank Savings Account

Here are the list of documents required to be submitted to open a Bandhan Bank savings account:

• Duly filled account opening application form
• Proof of identity - PAN card, Aadhaar card, Voter ID, Driving License, Passport or NREGA job card
• Proof of address - Aadhaar card, Voter ID, Driving License, Passport or or NREGA job card
• Proof of signature - PAN card, Voter ID, Driving License, Passport or NREGA job card
• Latest passport size photographs 

Penalty for Not Maintaining Minimum Balance in Bandhan Bank Savings Account

In Bandhan Bank, a failure to maintain a minimum balance requirement in your savings account can lead to a penalty charge. The penalty amount depends on the type of savings account plan that you hold.

However, generally, the bank charges ₹75 and GST for every transaction made through cash withdrawal, cash deposit, IMPS, or NEFT. This is when the MAB (Monthly Average Balance) is not maintained.

Final Word

The different types of Bandhan Bank Savings Account offer great competitive interest rates and flexible minimum balance requirements to suit the needs of different customers. By understanding the terms and benefits of each different type of savings account plan that they offer, you can select the one that aligns with your savings goals.

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