DCB fixed deposit: Senior, and Super senior citizens will now get 8.5% interest on fixed Deposits:-
DCB (development co-operative bank) is planning to provide high rate of (DCB fixed deposit) interest to senior as well as super senior citizens. The revised savings accounts and fixed deposit interest rates for DCB deposits estimated to be below Rs 2 crore.
Development co-operative bank (DCB) is offering a highest FD interest rate of 8% to general customers and 8.50% for senior citizens, after revision and is effective from june 28, 2023 according to its official website.
DCB bank official website Click here
DCB Fixed Deposit rates (revised):-
- Interest rate of 3.75% on resident term deposits maturing in 7 days to 45 days,
- Interest rate of 4.00% on tenures between 46 days to 90 days.
- Interest rates of 4.75% on deposits maturing in 91 days to less than 6 months.
- Interest rate of 6.25% for deposits maturing in 6 months to less than 12 months.
- Interest rates of 7.25% on deposits with maturities between 12 and 15 months.
- Interest rates of 7.75% on deposits of 18 months to less than 700 days.
- Interest rates of 8.00% on deposits with maturities between 700 and 36 months.
- Interest rates of 7.75% deposits with maturities more than 36 months to less than 120 months. (DCB fixed deposit)
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DCB bank Senior Citizens FD rates:-
For DCB Bank senior citizen customers, interest rates my vary between 4.25% to 8.50% for maturities ranging from 7 days to 120 months. (DCB fixed deposit)
DCB Bank and its savings account rates (revised):-
- Interest rate of 2.00% on savings accounts with balances up to 1 lakh, and an
- Interest rate of 3.75% on accounts with balances between 1 lakh and 2 lakh.
- DCB Bank will give interest rates of 5.25% and 6.25%,on savings account with balances between 2 lakh and less than 5 lakh and between 5 lakh and less than 10 lakh respectively. (DCB fixed deposit)
This article is fully based authors personal experience and knowledge.
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