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HomePersonal FinanceBank FD Rates: 8.35% interest on Bank FD,Know which bank has given...

Bank FD Rates: 8.35% interest on Bank FD,Know which bank has given such a strong offer

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DCB Bank FD Rates: DCB Bank has increased the interest rates on fixed deposits of less than ₹ 2 crore. According to the official website of the bank, the new rates will be effective from December 21, 2022.



new Delhi. Private sector lender DCB Bank has increased interest rates on fixed deposits of less than ₹2 crore. According to the official website of the bank, the new rates will be effective from December 21, 2022. After the revision, the bank is now offering interest rates ranging from 3.75% to 7.60% for general public and 4.25% to 8.10% for senior citizens on fixed deposits maturing in 7 days to 120 months.

The maximum rate of interest on deposits with DCB Bank for a period of 700 days to more than 36 months is currently 7.85% for non-senior citizens and 8.35% for senior citizens.

DCB Bank FD Rates
The bank is offering an interest rate of 3.75% on deposits maturing in 7 days to 45 days, while offering an interest rate of 4.00% on deposits maturing in 46 days to 90 days. For deposits maturing in less than 91 days to six months, DCB Bank is offering an interest rate of 4.75%. And for deposits maturing in six months to less than 12 months, the interest rate is 6.25%.

Deposits maturing in 12 to 18 months will now fetch 7.25% interest, while deposits maturing in the next 18 to 700 days will now fetch 7.50%. The bank will give a maximum interest rate of 7.85% on deposits of 700 days to 36 months. While DCB Bank will pay an interest rate of 7.60% on deposits maturing in a period of 36 months to 120 months.

You can also take advantage of these FDs
Apart from Standard Fixed Deposits, DCB Bank offers its retail customers the opportunity to open DCB Suraksha Fixed Deposit, DCB Tax Saver Fixed Deposit, DCB Diamond Khushiyali Deposit, DCB Zippy Online Fixed Deposit and DCB Health Plus Fixed Deposit.

DCB Suraksha Fixed Deposit offers competitive returns as well as complimentary life insurance benefits for your family. This FD also comes with complimentary life insurance coverage of up to Rs. 10 lakhs. The 36-month term life insurance policy offered by DCB Suraksha FD is effective from the age of 18 till the depositor turns 55.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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