DCB Bank FD Rates

Rate of Interest on Fixed Deposits of less than Rs. 1 crore

Tenure	Regular Citizens	Senior Citizens
7 days to 14 days	4.00%	4.50%
15 days to 45 days	4.00%	4.50%
46 days to 90 days	5.00%	5.50%
91 days to less than 6 months	6.75%	7.25%
6 months to less than 12 months	7.00%	7.50%
12 months	7.00%	7.50%
12 months 1 day to less than 15 months	7.40%	7.90%
15 months to less than 24 months	8.05%	8.55%
24 months	7.50%	8.00%
More than 24 months to less than 36 months	7.60%	8.10%
36 months	8.25%	8.75%
More than 36 months to 60 months	7.75%	8.25%
More than 60 months to 120 months	7.25%	7.75%

Note – *Rates w.e.f. April. 12, 2019

NRE (Non Resident External) Fixed Deposit Interest Rates

Tenure	Interest Rate on Fixed Deposits of less than Rs. 1 crore
12 months	7.00%
12 months 1 day to less than 15 months	7.40%
15 months to 24 months	8.15%
More than 24 months to less than 36 months	7.60%
36 months to 60 months	8.25%
More than 60 months to 120 months	7.25%

NRO (Non Resident Ordinary) Fixed Deposit Interest Rates

Tenure	Interest Rate on Fixed Deposits of less than Rs. 1 crore
7 days to 14 days	4.00%
15 days to 45 days	4.00%
46 days to 90 days	5.00%
91 days to less than 6 months	6.75%
6 months to less than 12 months	7.00%
12 months	7.00%
12 months 1 day to less than 15 months	7.40%
15 months to 24 months	8.15%
More than 24 months to less than 36 months	7.60%
36 months to 60 months	8.25%
More than 60 months to 120 months	7.25%

FCNR (Foreign Currency Non-Resident) Fixed Deposit Interest Rates

Tenure	USD	GBP	EUR	CAD	AUD
1 year to less than 2 years	3.50	1.10	0.10	2.65	2.40
2 years to less than 3 years	3.25	1.10	0.10	2.55	2.30
3 years	3.00	0.10	0.10	2.25	2.30
4 years	3.00	0.10	0.10	2.15	2.30
5 years	3.00	0.10	0.10	2.15	2.30

Note-

1. No interest is payable on FCNR deposits withdrawn before 1 year.
2. Premature withdrawal penalty stands at 1% for FCNR deposits of more than 1 year to 5 years.
3. Interest on FCNR deposits is compounded half-yearly. All figures in % per annum

1. DCB Bank Fixed Deposit Scheme

Eligibility

• Resident Individual (sole or joint account)
• Hindu Undivided Family
• Private and Public limited companies

Features

• The minimum deposit amount stands at Rs. 10,000.
• Deposit is accepted for a minimum of 7 days and for a maximum of 10 years.
• Interest shall be paid either monthly, quarterly, half-yearly or annually as per card rates applicable across tenures.
• The scheme allows loan/overdraft against the deposit up to 80% of the deposit amount.

2. DCB Bank Suraksha Fixed Deposit Scheme

Eligibility

• Resident Individuals

Features

• It is a special fixed deposit scheme which provides a life insurance cover equivalent to the deposit amount free of cost for the depositor’s family.
• The FD can be booked with a minimum of Rs. 10,000.
• The deposit is accepted for a period of 36 months.
• The maximum amount of insurance cover stands at Rs. 50 lakh for an individual.
• The Insurance cover is valid from the age of 18-55 years of the account holder.

3. DCB Bank Tax Saver Fixed Deposit Scheme

Eligibility

• Resident Individual (sole or joint account)
• Hindu Undivided Family

Features

• The minimum and maximum deposit amounts stand at Rs. 10,000 and Rs. 1,50,000 respectively.
• The deposit is accepted for a fixed period of 5 years.
• Interest is paid as per the card rate applicable for 5 year tenure.
• The depositor can opt for either quarterly compounding or quarterly interest payout.
• The deposit qualifies for claiming tax deduction of up to Rs. 1,50,000 under section 80C of the Income Tax Act.
• No loan/overdraft facility is available against the deposit.

4. DCB Bank Diamond Khushiyali Deposit Scheme

Eligibility

• Resident Individual (sole or joint account)
• Hindu Undivided Family
• Private and Public limited companies

Features

• It is a special fixed deposit scheme which accepts small amounts from the depositor monthly and turn them into an assured lump-sum at maturity. The higher the monthly deposit amount, the higher the assured sum.
• Minimum deposit amount per month is Rs. 500.
• Deposit is accepted for a minimum of 1 year and for a maximum of 10 years.
• No charges are levied if the depositor misses out on monthly deposit.
• Interest is paid as per the applicable card rate on deposit closure/maturity.
• Overdraft/Loan against the deposit is permitted up to 90% of the deposit amount.

5. DCB Bank Zippi Online Fixed Deposit Scheme

Eligibility

• Resident Individuals above 18 years of age not having any existing relationship with DCB Bank.

Features

• The scheme allows opening a fixed deposit account online.
• The deposit can be made for as low as Rs 10,000 per transaction up to Rs. 10 lakh per transaction.
• The deposit tenure ranges from 14 days to 10 years.
• The depositor is not required to open a new DCB savings account as interest and maturity amount are credited to the depositor’s existing bank account in other banks.

Investors can check the maturity amount of the scheme by using the DCB Bank FD Interest Rate Calculator at Paisabazaar. Also, DCB Bank FD Interest rates differ for different tenures. So the investors can also decide a preferred tenure of investment by entering different rates and calculating their total earning. In case of reinvestment schemes, investors can check the interest and the maturity amount by using the compound interest calculator.

You can visit the nearest DCB Bank branch and contact the officials for DCB Bank FD rates of schemes above Rs. 1 crore.