DCB Bank, one of the private sector banks in the country, has announced that it is revising the interest rates on fixed deposits of less than Rs 2 crore. The bank said that the new interest rates are effective from 1 September 2023.
FD Interest Rates: DCB Bank, one of the private sector banks in the country, has Rs. It has announced to revise the interest rates on fixed deposits worth less than 2 crores. The revised interest rates will be effective from September 1, 2023, the bank said. At present, the bank offers interest rates ranging from 3.75 percent to 7.75 percent to general customers and 4.25 percent to 8.50 percent to senior citizens on fixed deposits with tenors of 7 days to 120 months.
The bank now offers a maximum interest rate of 7.75 per cent for general customers and a maximum interest rate of 8.50 per cent for senior citizens on fixed deposits with tenors of 25 months and 37 months. The bank offers an additional interest rate of 75 basis points to senior citizens as compared to regular customers.
If we look at the interest rates offered by DCB Bank on fixed deposits..
- The bank now offers an interest rate of 3.75 percent on fixed deposits with a tenure of 7 days to 45 days.
- Bank now offers 4.00 percent interest rate on fixed deposits with tenor of 46 days to 90 days.
- The bank now offers an interest rate of 4.75 per cent on fixed deposits with a tenure of less than 91 days to six months.
- The bank now offers an interest rate of 6.25 percent on fixed deposits with a tenure of 6 months to 10 months.
- The bank now offers an interest rate of 6.90 percent on fixed deposits with a tenure of 10 months to 12 months.
- The bank now offers an interest rate of 7.15 percent on fixed deposits with a tenure of 12 months to 12 months and 10 days.
- The bank now offers an interest rate of 7.25 percent on fixed deposits with a tenure of 12 months and 10 days.
- The bank now offers an interest rate of 7.15 percent on fixed deposits with a tenure of 12 months 11 days to 18 months 5 days.
- The bank now offers an interest rate of 7.50 percent on fixed deposits with a tenure of 18 months, six days to 700 days.
- The bank now offers an interest rate of 7.55 percent on fixed deposits with a tenure of 700 days to 25 months.
- The bank now offers an interest rate of 7.75 percent on fixed deposits with a tenure of 25 months.
- The bank now offers an interest rate of 7.60 percent on fixed deposits with a tenure of 25 months to 37 months.
- The bank now offers an interest rate of 7.75 per cent on fixed deposits with a tenure of 37 months.
- The bank now offers an interest rate of 7.40 per cent on fixed deposits with a tenure of 37 months to 61 months.
- The bank now offers an interest rate of 7.65 percent on fixed deposits with a tenure of 61 months.
- The bank now offers an interest rate of 7.25 percent on fixed deposits with a tenure of 61 months to 120 months.
