Fixed Deposit Rate Changed: DCB Bank has changed the interest rate for its customers for fixed deposit (FD) schemes of less than Rs 2 crore. According to the website of DCB Bank, these new interest rates have become effective from 28 June 2023 itself.
After the latest changes, now this private sector bank is offering its customers an interest rate of 8 per cent on FDs to general customers and 8.50 per cent to customers falling in the category of senior citizens. This bank is now offering an interest rate of 3.75% on FDs maturing in 7 days to 45 days.
What is the interest rate on different periods
DCB Bank is offering an interest rate of 4.00% on tenors between 46 days to 90 days. At the same time, this bank is offering an interest rate of 4.75% on FDs maturing in 91 days to less than 6 months and 6.25% on FDs maturing in less than 6 months to 12 months. At the same time, this bank is offering an interest rate of 7.25% on FDs with maturity between 12 and 15 months. While the bank is offering an interest of 7.75 per cent on deposits of less than 18 months to 700 days.
More than 8 percent interest is being received on this period
DCB Bank is offering an interest rate of 8% for tenures between 700 days to 36 months. At the same time, for a period of more than 36 months to less than 120 months, this bank offers an interest rate of 7.75 percent. At the same time, this bank is offering higher interest rate to the customers falling in the category of senior citizens as compared to the common citizens.
What is the interest rate for senior citizens
DCB Bank is offering interest rates ranging from 4.25 per cent to 8.50 per cent on FDs for senior citizens with tenures ranging from 7 days to 120 months. Bank 2.00% interest rate on savings account with an amount of up to 1 lakh, 3.75% interest rate on savings account with an amount of 1 lakh to 2 lakh, savings account with an amount of 2 lakh to 5 lakh But is offering an interest rate of 5.25 per cent and 6.25 per cent on a savings account with an amount of 5 lakh to 10 lakh.
