Fixed deposits include regular, NRE and NRO savings bank accounts. The bank is giving up to 8% return on deposits to its customers. The bank has implemented its new interest rates from 8 May 2023.
If you also earn from investing in fixed deposits, then this news is useful for you. Recently many banks have increased the interest rates on their fixed deposits. With this, customers have now got a chance to earn more. In this series, DCB Bank has also increased the interest rates on its fixed deposits of more than 2 crores.
The bank has given this information on its website. This fixed deposit includes regular, NRE and NRO savings bank accounts. The bank is giving up to 8% return on deposits to its customers. The bank has implemented its new interest rates from 8 May 2023.
Excellent returns on 700 days FD
DCB Bank is offering 2% return to its customers on deposits of less than 1 lakh. At the same time, it is giving 3.75% return on deposits above 1 lakh and 2 lakh or less. At the same time, the bank is giving excellent returns to its customers on two-year fixed deposits.
Let us tell you, on FD of 700 days or 24 months, the bank is giving its customers a chance to get rich. The bank is giving them a bumper return guarantee of up to 8%. At the same time, the bank is offering up to 8.5 percent interest on fixed deposits to senior citizens.
These are the new rates of the bank
These banks also increased interest rates
Apart from DCB, other banks have increased the interest rates on their fixed deposits. Bank of Baroda, HDFC, IDFC and IndusInd Bank are also giving their customers a chance to earn big money.