| Resident Indians & NRO Term Deposits Interest Rates* p.a. with effect from August 23rd, 2008
|
| Maturity Period |
Single Deposit of: |
| Less than Rs.15 lacs |
Rs.15 lacs & above to less than Rs. 100 lacs |
| 14 days |
3.00% |
3.00% |
| 15 days to 30 days |
4.25% |
4.75% |
| 31 days to 45 days |
5.50% |
6.00% |
| 46 days to 90 days |
6.25% |
6.50% |
| 91 days to < 5 months (Excluding 149 days)
|
7.00% |
7.25% |
| 149 days |
8.75% |
8.75% |
| 5 months to 9 months |
8.00% |
8.25% |
| 9 Months 1 day to less than 375 dayss (Excluding 369 days)
|
8.30% |
8.30% |
| 369 Days (12 months 4 days) |
9.00% |
9.00% |
| 375 Days to 400 Days |
10.00% |
10.10% |
| 401 Days to less than 18 months |
8.30% |
8.30% |
| 18 months to less than or equal to 3 years (Excluding 740 days) |
8.30% |
8.30% |
| 740 Days (24 months 10 days) |
8.75% |
8.75% |
| 3 years 1 day to 10 years (Excluding 1111 days) |
8.30% |
8.30% |
| 1111 days (36 months 16 days) |
8.75%
|
8.75%
|
| *For interest rates on Fixed Deposits for Rs.100 lacs and above, please contact your nearest DCB branch. Interest rates are subject to revision without prior notice.The Bank at its sole discretion, may allow premature encashment of the deposit subject to the penalty provision.
|
| A person who has completed the age of 60 years will be treated as a senior citizen and would be eligible for additional interest of 0.5% above the existing rates.
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