Take advantage of the top interest rate of 8 percent at FD, this bank offers you an opportunity to make money

New Delhi. Mumbai-based private sector DCB Bank (DCB Bank) has raised interest rates on savings accounts and fixed-term deposits (FD) by less than Rs.2 crore. According to the bank’s official website, savings account holders can now earn an interest rate of up to 8.00 percent. At the same time, non-seniors can earn up to 8 percent and seniors up to 8.50 percent interest on FD. According to the official website of DCB Bank Bank, these tariffs will apply from May 8, 2023.

Speaking of savings accounts, an interest rate of 2.00 per cent will continue to be offered for savings accounts with balances of up to 1 lakh rupees. Those with balances of less than 1 lakh to 2 lakh will earn an interest rate of 3.75 percent. The bank continues to offer an interest rate of 5.25 per cent for balances between 2 lakh rupees and less than 5 lakh rupees and 6.25 per cent for balances between 5 lakh rupees and less than 10 lakh rupees.

Also read this – Take advantage of the record interest rate of 9.50 percent on FD, this bank offers you an opportunity to make money

7 percent interest rate on the savings account with a balance of less than 10 lakh to 50 lakh, a balance of less than 50 lakh to 2 crore, now interest rate of 7.25 percent, interest rate of 5.50 percent on a balance of 2 crore to 5 crores.

DCB Bank FD courses
7 days to 45 days – 3.75%
46 days to 90 days – 4%
91 days to less than 6 months – 4.75 percent
6 months to less than 12 months – 6.25 percent
12 months to less than 15 months – 7.25 percent
15 months to less than 18 months – 7.50%
18 months to less than 700 days – 7.75 percent
700 days to 36 months – 8%
More than 36 months but up to 120 months – 7.75%

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Tags: Bank FD, FD prices, fixed deposits, Money making tips