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HomePersonal FinanceNew Interest Rates: This bank is giving 8.50% interest on 700 days...

New Interest Rates: This bank is giving 8.50% interest on 700 days FD while maximum 8% interest on Saving account

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The bank is giving a maximum of 8% interest to its general customers and 8.50% interest on FDs to its senior citizen customers. At the same time, the bank is giving a maximum interest of 8% on the savings account to its customers.


Large private sector lender DCB Bank (DCB Bank) has increased the interest rates on fixed deposits (FD) of less than Rs 2 crore. Apart from this, the bank has also increased its savings account rates.

After this increase in interest rates, the bank is giving a maximum of 8% interest to its general customers and 8.50% interest on FDs to its senior citizen customers. At the same time, the bank is giving a maximum interest of 8% on the savings account to its customers. The increased new interest rates are applicable from 10 March.

Maximum 8% interest is available here

After this increase in interest rates, DCB Bank is paying 8% interest instead of 7.85% on FDs ranging from 15 months to less than 18 months to its customers. While the bank is paying 50 basis points more i.e. 8% interest on FDs of 18 months to 700 days. Apart from this, DCB Bank is offering 8% interest on FDs of 700 days to 24 months and 7.60% on FDs of 24 months to 120 months to its customers.

Bank increased new savings account rate

DCB Bank, on the other hand, offers its customers 7.25% on deposits between Rs 50 lakh and less than Rs 2 crore, 5.50% on deposits between Rs 2 crore and less than Rs 5 crore and between Rs 5 crore and Rs 10 crore. 7% interest is being given on the deposited capital of less. Apart from this, the bank is offering its customers a maximum interest of 8% on deposits between Rs 10 crore and less than Rs 200 crore and 5% on deposits above Rs 200 crore.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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