DCB Bank New FD Rates : DCB Bank has revised the interest on Fixed Deposit. DCB Bank has increased FD interest rates by 0.10 percent after the monetary policy meeting of RBI. RBI meeting was held only last week in which no change has been made in the repo rate. These new rates have come into effect from today, December 13, 2023. The bank has increased these interest rates on FDs of less than Rs 2 crore. DCB Bank is offering maximum interest of 8 percent to the common people. At the same time, senior citizens are getting maximum interest of 8.60 percent.

DCB Bank revised rates on FD

• The bank is now offering 3.75 percent interest on FDs with a period of 7 days to 45 days.
• The bank is now offering 4.00 percent interest on FDs with a period of 46 days to 90 days.
• The bank is now offering 4.75 percent interest on FDs with a tenure of less than 91 days to six months.
• The bank is now offering 6.25 percent interest on FDs with a period of 6 months to 10 months.
• The bank is now offering 7.25 percent interest on FDs with a period of 10 months to 12 months.
• The bank is now offering 7.85 percent interest on FDs with periods ranging from 12 months, 1 day to 12 months and 10 days.
• The bank is now offering 7.15 percent interest on FDs with a period of 12 months 11 days to 18 months 5 days.
• The bank is now offering 7.55 percent interest on FDs with a period of 18 months, six days to 700 days.
• The bank is now offering 7.55 percent interest on FDs with a period of 700 days to 25 months.
• The bank is now offering 8 percent interest on FD with a period of 25 months.
• The bank is now offering 7.60 percent interest on FDs with a period of 26 months to 37 months.
• The bank is now offering 7.90 percent interest on FD with a period of 37 months.
• The bank is now offering 7.40 percent interest on FDs with a period of 37 months to 61 months.
• The bank is now offering 7.65 percent interest on FD with a period of 61 months.
• The bank is now offering 7.25 percent interest on FDs with a period of 61 months to 120 months.

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Due to the increase in deposit interest rates, the trend of investors towards investing in FD is increasing. In the month of May, 4 banks have increased the interest rates, after which the interest rate has increased up to 9.60 percent.

DCB Bank FD Rates

DCB Bank has revised the FD interest rates for deposit amount less than Rs 2 crore. According to the website of DCB Bank, the new rates have been made effective from 8 May 2023. After the amendment, the highest interest rate has become 8 percent for regular customers and 8.50 percent interest rate is being given for senior citizens.

Kotak Mahindra Bank FD Rates

Kotak Mahindra Bank has increased interest rates on Fixed Deposits ( Kotak Mahindra Bank FD Rates) by 50 bps. The revised interest rates have been implemented from 11 May 2023. Kotak Mahindra Bank is offering interest rates ranging from 2.75% to 7.20% to general residents.

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Whereas, interest rate ranging from 3.25% to 7.70% has been offered to senior citizens. The bank has increased the interest rate by 50 basis points from 6.50% to 7% on tenure of 180 days. Whereas, with an increase of 10 basis points on FDs of 365 days tenure, the interest rate has been increased from 7% to 7.10%.

Suryoday Small Finance Bank FD Rates

Suryoday Small Finance Bank (SSFB Fixed Deposit Rates) has revised the fixed deposit interest rates. The interest rates were revised by 49 to 160 basis points (bps) over the tenor of 1 to 5 years. The new interest rates are effective from 5 May 2023. After the revision, the bank is giving an interest rate of 4.00 percent to 9.10 percent to the general public. Whereas, senior citizens have been offered an interest rate of 4.50 percent to 9.60 percent.

FD interest rates of Unity Small Finance Bank

Unity Small Finance Bank has increased the interest rates on Fixed Deposits (Unity Bank FD Interest Rates) from 2 May 2023. Now the bank is giving the highest FD interest of 9.50% on FDs of 1001 days tenure to senior citizens. The bank is giving interest rate up to 9.00% to regular citizens on FD of this tenure.

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