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DCB Bank Modifies Interest Rates On These Fixed Deposits

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DCB Bank has modified its interest rates on fixed deposits of more than Rs. 2 Cr. The revised rates are effective as of December 20, 2021, and applicable for Domestic, Non-Resident Ordinary (NRO), and Non-Resident External (NRE) Bulk Deposits of more than Rs 2 crore to Rs 20 crore and above, according to the bank's official website. The bank, on the other hand, has kept the interest rates unaltered on fixed deposits of less than Rs 2 crore and for more details, please click here.

 

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 2 Cr. To Less Than  Rs. 5 Cr

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 2 Cr. To Less Than Rs. 5 Cr

Domestic / NRO / NRE Bulk Deposits of Rs. 2 Cr. to less than Rs. 5 Cr maturing in 7 days to 120 months would fetch an interest rate of 3.00 percent to 5.50 percent effective December 20, 2021. The bank's most recent interest rates per annum on bulk deposits of Rs. 2 Cr. to Rs. 5 Cr. are listed below.

TenorRegularNon - Callable
7 days to 14 days3.00%-
15 days to 30 days3.25%-
31 days to 45 days3.50%-
46 days to 60 days3.75%-
61 days to 89 days3.80%4.00%
90 days to less than 6 months4.50%5.00%
6 months to less than 9 months5.00%5.25%
9 months to less than 12 months5.20%5.40%
12 months to less than 15 months5.50%5.60%
15 months to less than 18 months5.50%5.60%
18 months to less than 24 months5.75%5.90%
24 months5.80%5.95%
More than 24 months to 36 months5.50%5.60%
More than 36 months to 60 Months5.50%5.60%
More than 60 months to 120 Months5.50%5.60%
Source: Bank Website. (With effect from 20th December 2021)

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 5 Cr. to less than Rs. 20 Cr
 

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 5 Cr. to less than Rs. 20 Cr

The new deposit interest rate in % per annum for single deposits of Rs. 5 Cr. to less than Rs. 20 Cr are mentioned below.

TenorRegularNon - Callable
7 days to 14 days3.00%-
15 days to 30 days3.25%-
31 days to 45 days3.50%-
46 days to 60 days3.75%-
61 days to 89 days3.80%4.00%
90 days to less than 6 months4.50%5.00%
6 months to less than 9 months5.00%5.25%
9 months to less than 12 months5.20%5.40%
12 months to less than 15 months5.50%5.60%
15 months to less than 18 months5.50%5.60%
18 months to less than 24 months5.75%5.90%
24 months5.80%5.95%
More than 24 months to 36 months5.50%5.60%
More than 36 months to 60 months5.50%5.60%
More than 60 months to 120 Months5.50%5.60%
Source: Bank Website. (With effect from 20th December 2021)

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 20 Cr. and above

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 20 Cr. and above

DCB Bank is currently providing an interest rate of 3.00 percent to 5.50 percent on deposits of Rs 20 crore and above that mature in 7 days to 120 months. Check out the current interest rates on single deposits of more than Rs.20 crore.

TenorRegularNon - Callable
7 days to 14 days3.00%-
15 days to 30 days3.25%-
31 days to 45 days3.50%-
46 days to 60 days3.75%-
61 days to 89 days3.80%4.00%
90 days to less than 6 months4.50%5.00%
6 months to less than 9 months5.00%5.25%
9 months to less than 12 months5.20%5.40%
12 months to less than15 months5.50%5.60%
15 months to less than 18 months5.25%5.50%
18 months to less than 24 months5.25%5.50%
24 months to 36 months5.50%5.60%
More than 36 months to 60 months5.50%5.60%
More than 60 months to 120 Months5.50%5.60%
Source: Bank Website. (With effect from 20th December, 2021)

Story first published: Friday, December 24, 2021, 11:56 [IST]
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