Bank FD and Saving Account Rates: Good news for Bank customers! This Bank has revised the interest on Saving Account and Fixed Deposit. DCB Bank has increased interest before the monetary policy meeting of RBI.
This meeting of RBI is going to be held on 4-6 October. The interest rate on DCB Bank’s savings account varies depending on the balance amount. These new rates have come into effect from tomorrow 27th September. Let us know the new rates of savings and FD of the bank.
These are the interest rates on DCB Bank’s savings account.
- 1.75% on account balance up to Rs 1 lakh
- 3% on account balance above Rs 1 lakh to less than Rs 2 lakh
- 3% on account balance less than Rs 2 lakh to Rs 5 lakh
- 5.25% on account balance less than Rs 5 lakh to Rs 10 lakh
- 8% on account balance less than Rs 10 lakh to Rs 2 crore
- 5.50% on account balance less than Rs 2 crore to Rs 5 crore
- 7.00% on account balance less than Rs 5 crore to Rs 10 crore
- 7.75% on account balance less than Rs 10 crore to Rs 50 crore
- 7.75% on account balance less than Rs 50 crore to Rs 200 crore
- 5.50% on balance Rs 200 crore and above
DCB Bank revised rates on FD
DCB Bank, one of the private sector banks of the country, had revised the interest rates on FDs of less than Rs 2 crore in the beginning of September and has now revised them. These new rates of the bank have come into effect from September 27. The bank is offering 3.75 percent to 7.75 percent interest to general customers and 4.25 percent to 8.50 percent interest to senior citizens on Fixed Deposit for a period of 7 days to 120 months. DCB Bank is giving maximum interest of 8.50 percent to senior citizens. The bank is giving 0.50 percent more interest to senior citizens.
DCB Bank is giving this much interest on FD
- The bank is now offering 3.75 percent interest on FDs with a period of 7 days to 45 days.
- The bank is now offering 4.00 percent interest on FDs with a period of 46 days to 90 days.
- The bank is now offering 4.75 percent interest on FDs with a tenure of less than 91 days to six months.
- The bank is now offering 6.25 percent interest on FDs with a period of 6 months to 10 months.
- The bank is now offering 7.25 percent interest on FDs with a period of 10 months to 12 months.
- The bank is now offering 7.15 percent interest on FDs with a period of 12 months to 12 months and 10 days.
- The bank is now offering 7.25 percent interest on FDs with a period of 12 months and 10 days.
- The bank is now offering 7.15 percent interest on FDs with a period of 12 months 11 days to 18 months 5 days.
- The bank is now offering 7.50 percent interest on FDs with a period of 18 months, six days to 700 days.
- The bank is now offering 7.55 percent interest on FDs with a period of 700 days to 25 months.
- The bank is now offering 7.90 percent interest on FD with a period of 25 months.
- The bank is now offering 7.60 percent interest on FDs with a period of 25 months to 37 months.
- The bank is now offering 7.90 percent interest on FD with a period of 37 months.
- The bank is now offering 7.40 percent interest on FDs with a period of 37 months to 61 months.
- The bank is now offering 7.65 percent interest on FD with a period of 61 months.
- The bank is now offering 7.25 percent interest on FDs with a period of 61 months to 120 months.
