Interest Rates Down on Resident Indian Fixed Deposits 2 crore private sector lenders have been modified by DCB Bank. As a result of the adjustment, the Bank has increased the interest rates on deposits with maturities of more than 18 months, as announced by the Bank today, June 22, 2022.
DCB Bank FD Rates
The bank will continue to offer 4.80% interest rate on fixed deposits payable in 7 days to 90 days, and has maintained its 5.50% interest rate on fixed deposits maturing in 91 days less than 6 months. DCB Bank will continue to offer an interest rate of 5.70 per cent on deposits of six months or less to twelve months and 6.10 per cent on deposits of twelve months. Fixed deposits with maturities of more than 12 months and less than 15 months will continue to earn 5.75 per cent interest, while fixed deposits with maturities of 15 months and less than 18 months will continue to earn 6.55 per cent.
The bank earlier used to offer an interest rate of 6.50 per cent on deposits maturing in less than 36 months from 18 months, but now it has been increased by 10 basis points to 6.60 per cent. On the other hand, the bank has maintained its interest rate of 6.60 per cent on deposits maturing in 36 to 120 months. Senior citizens will continue to receive premium at the rate of 0.50 per cent in addition to the standard rate on deposits of all maturity periods. Older residents will get interest rates ranging from 5.30 per cent to 7.10 per cent on fixed deposits maturing in 7 days to 120 months, while DCB Bank will now offer a maximum interest rate of 7.10 per cent to older people on deposits maturing in 18 months to 120 months. rate provides. month.
see full image
and meanwhile, ICICI Bank Today, June 22, 2022, hike in FD interest rates on amounts due 2 crore once again. Over certain periods, the private bank increased the FD rates by 5 basis points. According to ICICI Bank’s official website, the bank currently offers FD rates on deposits ranging from one week to ten years which range from 2.75 per cent to 5.75 per cent for general public and 3.25 per cent to 6.50 per cent for senior citizens.