highlights
Banks are currently getting a lot of interest in FD.
Many banks have also introduced special FD programs.
Customers can use these programs.
New Delhi. Private sector bank Dhanlaxmi Bank has changed interest rates on FDs to less than Rs 2 crore. According to the bank’s official website, the new rates will apply from May 3, 2023. Following this interest rate change, the bank is now offering interest rates from 3.25% to 6.60% for terms from 7 days to 10 years.
According to the new interest rates, Dhanlaxmi Bank offers the highest interest rate of 7.25 percent on FDs with a term of 555 days (18 months and 7 days). At the same time, the bank grants seniors (except Dhanam Tax Advantage Deposit) additional interest at the rate of 0.50 percent per annum on all domestic FDs with a term of 1 year and above.
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Dhanlaxmi Bank FD Rates – Dhanlaxmi Bank FD Rates
The bank offers an interest rate of 3.25% on term deposits with a term of 7 to 14 days, while Dhanlaxmi Bank is now offering an interest rate of 5.75% on deposits with a term of 15 to 45 days. The bank is now offering an interest rate of 6.00% for deposits from 46 days to 90 days and 6.25% for deposits from 91 days to 179 days.
Deposits with a maturity of 180 days to less than a year now earn 6.50% interest. While deposits with a maturity of 1 year to 2 years now receive an interest rate of 6.75%. On deposits with a maturity of 555 days (18 months and 7 days), the bank offers an interest rate of 7.25%. The interest rate for deposits over 2 years and up to 3 years is 6.50%.
The bank pays interest at 6.60% on deposits over three years and up to five years. The bank increased its interest rate on deposits for 1111 days (36 months and 15 days) to 6.60%. The interest rate for deposits with a maturity of more than five years and ten years at Dhanlaxmi Bank is 6.60%.
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Tags: Bank FD, FD prices, fixed deposits, Tips for making money
FIRST RELEASED : May 6, 2023 8:53 am IST
