Current interest rates are available online for the following:
Resident Indians & NRO Term Deposits Interest Rates* p.a. with effect from August 30, 2010
Maturity Period Single Deposit of:
Less than Rs. 15 Lacs Rs.15 Lakhs to less than Rs. 1 Crore
14 days 3.00% 3.00%
15 days to 45 days 3.75% 3.75%
46 days to 120 days 4.75% 4.75%
121 days to < 6 months 5.50% 5.50%
6 months to < 1 year 6.50% 6.50%
1 year to < 15 months 7.75% 7.75%
15 months 8.25% 8.25%
More than 15 months to 19 months 7.75% 7.75%
More than 19 months to 2 years 7.90% 7.90%
More than 2 years to 3 years 7.75% 7.75%
More than 3 Years to 5 Years 7.75% 7.75%
More than 5 Years to 10 Years 7.50% 7.50%
*For interest rates on Fixed Deposits for Rs.1 Crore and above, please contact your nearest DCB branch. Interest rates are subject to revision without prior notice.
A person who has completed the age of 60 years at the time of booking term deposit will be treated as a senior citizen and would be eligible for additional interest of 0.50% above the existing rates (Not Applicable for NRO Deposits).
 


Non Residential (External) Term Deposit (with effect from September 1, 2010 )
Term Interest (% per annum)
1 year and above but less than 2 years 2.59%
2 years and above but less than 3 years 2.42%
3 years 2.70%


Foreign-Exchange rate schedule for spot transactions (valid for transactions upto Rs. 2,50,000.00 equivalent in any currency . Rates updated on 03-09-2010)
TT Bills TC CN
Units Currency Sell Buy Sell Buy Sell Buy Sell Buy
1USD46.8746.5046.9646.4547.7045.0047.7045.00
1EUR60.4359.2360.5359.1760.8557.1060.8557.10
1GBP72.4971.4172.6371.3473.0569.3073.0569.30
100JPY55.8154.9855.9254.9256.3052.4556.3052.45
1CHF46.4445.7546.5345.7046.7543.8046.7543.80
1DKK8.107.988.117.970000
1NOK7.657.547.667.530000
1SAR12.7012.2012.7212.190000
1AUD42.8041.9542.8741.9143.2540.5543.2540.55
1CAD44.5843.9244.6743.8745.1041.4545.1041.45
1AED12.8012.6112.8312.600000


Foreign Currency Deposit Interest Rates (FCNR Deposit Interest Rates valid from September 1, 2010 )
Currency 1 yr & above but less than 2 yrs 2 yrs & above but less than 3 yrs 3yrs
USD1.84%1.67%1.95%
GBP2.46%-%-%
EUR2.39%-%-%
AUD6.42%-%-%
* Interest rates are subject to change from time to time. Applicable rates will be given as on the date of receipt of the funds by the bank

Penalty for Premature Closure of Deposits
Size of Deposit 7 - 13 days 14 - 29 days 30 days & above
Less than 15 Lacs No Interest 0.50% less than the applicable rate 0.50% less than the applicable rate
15 Lacs to less than 10 Crores No Interest No Interest 2% less than the applicable rate
10 Crores and above No Interest No Interest 3% less than the applicable rate


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