DCB Bank Domestic Term Deposits FD

The Dcb Bank Domestic Term Deposits tenure ranges from min 7 Days to max 10 Year . The ROI ranges from 3.75% to 8.00 % for the general public. The lock-in period for this scheme is

Dcb Bank Domestic Term Deposits Scheme for amount below ₹ 2.0 Cr

The rate of interest for deposited amount less than ₹ 2.0 Cr is as below

Tenure

Interest Rate for General Public (p.a.)

Interest Rates for Senior Citizens (p.a.)

7 Days Upto 14 Days

3.75% p.a.

4.25% p.a.

15 Days Upto 1 Months 15 Days

3.75% p.a.

4.25% p.a.

1 Months 16 Days Upto 3 Months

4.00% p.a.

4.50% p.a.

3 Months 1 Days Upto 6 Months

4.75% p.a.

5.25% p.a.

6 Months Upto 1 Year

6.25% p.a.

6.75% p.a.

1 Year Upto 1 Year 3 Months 1 Days

7.25% p.a.

7.75% p.a.

1 Year 3 Months 1 Days Upto 1 Year 6 Months 2 Days

8.00% p.a.

8.50% p.a.

1 Year 6 Months 2 Days Upto 1 Year 11 Months 5 Days

8.00% p.a.

8.50% p.a.

1 Year 11 Months 5 Days Upto 2 Year

8.00% p.a.

8.50% p.a.

2 Year Upto 3 Year

7.60% p.a.

8.10% p.a.

3 Year Upto 5 Year

7.60% p.a.

8.10% p.a.

5 Year Upto 10 Year

7.60% p.a.

8.10% p.a.

Upto 1 Year

7.25% p.a.

7.75% p.a.

Upto 1 Year 11 Months 5 Days

8.00% p.a.

8.50% p.a.

Key features of Dcb Bank Domestic Term Deposits Scheme

Summary of Dcb Bank Domestic Term Deposits Scheme features :

Mutual Fund Schemes

Domestic Term Deposits

CRISIL Rating

--

Lock-in Days

--

Loan Against FD

NA

Pre-mature Withdrawal

--

FD Nominee

--

Tenure

7 Days to 10 Year

General Public

3.75% to 8.00 %

Senior Citizen

4.25% to 8.50 %

Amount

--

*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.

What is DCB Bank Domestic Term Deposits FD

Customers can deposit a lump quantity of money for a set amount of time with the DCB Bank Domestic Term Deposits FD fixed deposit programme and receive a set rate of return on their investment. The programme offers excellent loan rates and varied tenure options ranging from 7 days to 10 years for citizens of India.

Eligibility Criteria for DCB Bank Domestic Term Deposits FD

The following are the requirements for qualifying for DCB Bank Domestic Term Deposits FD:

  • Only Indian residents are eligible for the programme.
  • The applicant must be at least eighteen years old.
  • The applicant must possess legitimate Know Your Customer (KYC) documents, such as identification, address, and photo proof.
  • Minimum Deposit Requirement: Depending on the kind of account and tenure selected, a minimum deposit amount may be needed to start a DCB Bank Domestic Term Deposits FD

Documents Required to open a DCB Bank Domestic Term Deposits FD

To open a DCB Bank Domestic Term Deposits FD account, the following papers are typically needed:

  • ID Proof: Identification documents, such as a driver’s licence, passport, Aadhaar card, PAN card, or voter ID card.
  • Address Proof: Aadhaar card, utility bill, bank statement, or lease agreement are acceptable forms of proof of address.
  • Recent Photographs: Photos the size of a passport.
  • Application Form: The DCB Bank Domestic Term Deposits FD application form must be completed.

Other documents might be needed depending on the type of account being opened and the bank’s regulations. Therefore, the complete list of the documents required to start a DCB Bank Domestic Term Deposits FD account should be confirmed with the bank.

Key Attractions for DCB Bank Domestic Term Deposits FD

The following are the main benefits of DCB Bank Domestic Term Deposits FD:

  • Competitive Interest Rates: DCB Bank’s Domestic Term Deposits FD are offered at favourable interest rates, making them a desirable investment choice for consumers.
  • Flexible Tenure: The plan offers variable tenure options ranging from 7 days to 10 years, allowing consumers to select a tenure that best meets their financial needs and investment
  • Simple Account Opening Procedure: Customers may apply for the programme online or visit their local DCB Bank branch in person.
  • Nomination Facility: Following the relevant rules and regulations, nominees may be added to the DCB Bank Domestic Term Deposits FD account.
  • Loan Facility: Customers may borrow at enticing interest rates against their DCB Bank Domestic Term Deposits FD account.

Features & Benefits of DCB Bank Domestic Term Deposits FD

DCB Bank Domestic Term Deposits FD provides the following features and advantages:

  • Fixed Interest Rates: Customers who invest in DCB Bank Domestic Term Deposits FD can get a fixed interest rate, ensuring security and predictable returns.
  • Flexible Tenure Options: The programme offers consumers a range of flexible tenure options, from 7 days to 10 years, letting them select the length of time that best meets their financial needs and investment
  • Nomination Facility: Following the relevant rules and regulations, nominees may be added to the DCB Bank Domestic Term Deposits FD account.
  • Loan Offers: Customers may borrow at enticing interest rates against their DCB Bank Domestic Term Deposits FD account.
  • Auto-Renewal feature: Customers with a DCB Bank Domestic Term Deposits FD account can renew it at maturity and receive additional interest using the auto-renewal feature.
  • Senior Citizen Benefit: Senior citizens who invest in DCB Bank Domestic Term Deposits FD are eligible for higher interest rates.

How to Apply for DCB Bank Domestic Term Deposits FD

The following methods are available for customers to apply for a DCB Bank Domestic Term Deposits FD account:

  • Customers can complete the online application form on the DCB Bank website and submit it with the necessary paperwork.
  • Offline Application: Clients can complete the application in person at the closest DCB Bank location and submit it with the necessary paperwork.
  • Customers can also apply for the DCB Bank Domestic Term Deposits FD account through the DCB Bank mobile banking application.

The following are the processes to open a DCB Bank Domestic Term Deposits FD account:

  • Visit the nearest branch or the DCB Bank website.
  • Fill out the DCB Bank Domestic Term Deposits FD application form, including your name, address, phone number, deposit amount, how long it will last, and deposit method.
  • Send the completed application form and the necessary paperwork.
  • The customer will be sent a confirmation message once the account has been opened and the documents have been verified.
  • Before applying for a DCB Bank Domestic Term Deposits FD account, it is advisable to contact the bank to inquire about the complete list of documents needed and the application procedure.

Frequently Asked Questions

What is DCB Bank FD minimum deposit amount?

Depending on the kind of account and the tenure selected, a different minimum deposit amount may be needed to start a DCB Bank Domestic Term Deposits FD account.

What is the DCB Bank FD scheme interest rate for five years?

The interest rate on DCB Bank Domestic Term Deposits for a 5-year term is 6% for deposits less than 2 Crores. The interest rate for deposits over 2 Crores and up to 10 Crores is 4.5%.

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