This bank is offering the highest FD interest rate of 8% for general customers and 8.50% for senior citizens after bank revision
DCB Bank FD rates: The bank is offering an interest rate of 3.75% on resident term deposits maturing in 7 days to 45 days, and an interest rate of 4.00% on tenures between 46 days to 90 days. Interest rates offered by DCB Bank on deposits maturing in 91 days to less than 6 months is 4.75%, and 6.25% for deposits maturing in 6 months to less than 12 months.
Deposits with maturities between 12 and 15 months will earn interest at a rate of 7.25%, while bank offers 7.75% interest on deposits of 18 months to less than 700 days. Whereas deposits with maturities between 700 and 36 months will now earn interest at a rate of 8%. The interest rate offered by DCB Bank for deposits with maturities more than 36 months to less than 120 months is 7.75%.
| Tenure | Deposit Interest Rate | Rate for Senior Citizens (% per annum) |
| (percent per annum) | ||
| 7 days to 14 days | 3.75% | 4.25% |
| 15 days to 45 days | 3.75% | 4.25% |
| 46 days to 90 days | 4.00% | 4.50% |
| 91 days to less than 6 months | 4.75% | 5.25% |
| 6 months to less than 10 months | 6.25% | 6.75% |
| 10 months to less than 12 months | 7.25% | 7.75% |
| 12 months | 7.25% | 7.75% |
| More than 12 months to less than 15 months | 7.25% | 7.75% |
| 15 months to less than 18 months | 7.50% | 8.00% |
| 18 months to less than 700 days | 7.75% | 8.25% |
| 700 days to 24 months | 8.00% | 8.50% |
| More than 24 months to less than 36 months | 8.00% | 8.50% |
| 36 months | 8.00% | 8.50% |
| More than 36 months to 60 months | 7.75% | 8.25% |
| More than 60 months to 120 months | 7.75% | 8.25% |
Senior Citizens FD rates
For DCB Bank senior citizen customers, interest rates vary between 4.25% to 8.50% for tenures ranging from 7 days to 120 months.
DCB Bank savings account rates
The bank pays an interest rate of 2.00% on savings accounts with balances up to 1 lakh, and an interest rate of 3.75% on accounts with balances between 1 lakh and 2 lakh. On savings accounts with balances between 2 lakh and less than 5 lakh and between 5 lakh and less than 10 lakh, DCB Bank will give interest rates of 5.25% and 6.25%, respectively.
| Resident, NRE and NRO Savings Bank Account Interest rates (with effect from May 08, 2023) | |
| Balance Range (INR) | Rate of Interest p.a. W.E.F May 08, 2023 |
| On balances up to 1 lakh in the account | 2.00% |
| On balances above 1 lakh to less than 2 lakh in the account | 3.75% |
| On balances from 2 lakh to less than 5 lakh in the account | 5.25% |
| On balances from 5 lakh to less than 10 lakh in the account | 6.25% |
| On balances from 10 lakh to less than 50 lakh in the account | 7.00% |
| On balances from 50 lakh to less than 2 Crore in the account | 7.25% |
| On balances from 2 cr to less than 5 crore in the account | 5.50% |
| On balances from 5 crore to less than 10 Crore in the account | 7.00% |
| On balances from 10 crore to less than 50 Crore in the account | 8.00% |
| On balances from 50 crore to less than 200 Crore in the account | 8.00% |
| On balances from 200 crore and above | 5.00% |
