Bank FD Rates: Before the start of the new year, private sector DCB Bank has given a big gift to its customers. The bank has increased the interest rates on fixed deposits (FD) of less than Rs 2 crore by up to 10 basis points (bps).
New Delhi. Whenever there is talk of savings, the name of fixed deposit (FD) definitely comes up. Your investment in fixed deposit is safe, and you also get guaranteed returns. If you also want to invest in FD then this is useful news for you. Actually, before the start of the new year, private sector DCB Bank has given a big gift to its customers. The bank has increased the interest rates on fixed deposits (FD) of less than Rs 2 crore by up to 10 basis points (bps).
According to the DCB Bank website, the new FD rates have come into effect from December 13, 2023. After this increase, DCB Bank is offering the highest FD interest rate of 8 percent for general customers and 8.60 percent for senior citizens.
DCB Bank FD Rates
- 3.75 percent interest on FD with period of 7 days to 45 days
- 4.00 percent interest on FD with period of 46 days to 90 days
- 4.75 percent interest on FD period of less than 91 days to 6 months
- 6.25 percent interest on FD with period of 6 months to 10 months
- 7.25 percent interest on FD with period of 10 months to 12 months
- 7.85 percent interest on FD with period of 12 months, 1 day to 12 months and 10 days
- 7.15 percent interest on FD with period of 12 months 11 days to 18 months 5 days
- 7.55 percent interest on FD with period of 18 months, six days to 700 days
- 7.55 percent interest on FD with period of 700 days to 25 months
- 8 percent interest on FD with period of 25 months
- 7.60 percent interest on FD with period of 26 months to 37 months
- 7.90 percent interest on FD with period of 37 months
- 7.40 percent interest on FD with period of 37 months to 61 months
- 7.65 percent interest on FD with period of 61 months
- 7.25 percent interest on FD with period of 61 months to 120 months