Bandhan Bank vs City Union Bank Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Bandhan Bank (Private Sector) and City Union Bank (Public Sector). Analyze the security of public sector banking versus the convenience of private sector services.
Bandhan
City Union
Adjust the parameters below to see how returns compare between the two banks
Five Lakhs rupees
Interest Rate Comparison
General rates across different tenures
Current selection: 3 years (1095 days) -Bandhan: % |City Union: %
Direct comparison of general rates
Feature Comparison
Features | Bandhan Private Sector | City Union Public Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Key Advantages:
Key Advantages:
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Bandhan (₹5L) + City Union (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine Bandhan (convenience) with City Union (security)
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Competitive interest rates
- •Secure banking
- •Online services available
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Competitive interest rates
- •Secure banking
- •Online services available
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use Bandhan for convenience
- •Use City Union for stability
- •Review rates periodically
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