With hundreds of Indian banks and thousands of plans and schemes, it is always a tough call for people, especially mediocre class to invest. Fixed deposits have been the top choice for investments by investors. Dhanlaxmi Bank provides 7.00 Percent interest rates for a period of 1 year (365 days to be precise).
This extra .25 Percent holds good for any investment up to 1 Crore for general investors. In all other cases for over 3 years to up to 10 years, the interest rate is the same i.e. 6.50 Percent.
For short period the Dhanlaxmi Bank interest rates offered is quite appreciable starting from very decent 4 Percent for merely 15-45 days which increases to 5.50 for 6 months and above.
The additional benefit the senior citizens can avail is an extra .50 Percent interest rate on term deposits above 1 year. Below Interest Rates are effective from 1 February 2019.
Dhanlaxmi Bank Fixed deposit interest rates Feb 2019 (For domestic & NRO deposits):
| TIME PERIOD | BELOW ONE CRORE (% p.a.) | |
|---|---|---|
| Interest Rates (per Annum) |
Senior Citizen Rates (per Annum) |
|
| 7 Days to 14 Days | 4.00% | 4.00% |
| 15 Days to 30 Days | 4.00% | 4.00% |
| 31 Days to 45 Days | 4.00% | 4.00% |
| 46 Days to 60 Days | 5.00% | 5.00% |
| 61 Days to 90 Days | 6.75% | 6.75% |
| 91 Days to 180 Days | 5.50% | 5.50% |
| 181 Days to 270 days | 5.50% | 5.50% |
| 271 Days to 1 Year | 6.50% | 6.50% |
| 1 Year to 2 Years | 7.00% | 7.50% |
| 2 Years to 3 Years | 6.50% | 7.00% |
| 3 Years to 5 Years | 6.50% | 7.00% |
| 5 Years to 10 Years | 6.50% | 7.00% |
Dhanlaxmi Bank NRE deposit interest rates Feb 2019:
| Maturity range | interest rate (% p.a.) |
|---|---|
| 1 Year to 2 Years | 7.00% |
| 2 Year to 3 Years | 6.50% |
| 3 Year to 5 Years | 6.50% |
| 5 Year to 10 Years | 6.50% |
Table updated: 2 February 2019
Dhanlaxmi Bank provides best-fixed deposit interest rates for short duration. For long period, Dhanlaxmi bank fixed deposit interest rates are similar to other Indian banks fixed deposit rates.
Important notes:
- Saving deposit rate is 4% for domestic, NRE and NRO accounts.
- Visit branch to know fixed deposit rates for amount above 1 crore.
Dhanlaxmi Bank Fixed Deposit Interest Calculator:
Calculate Maturity Value now
Check out official link @http://www.dhanbank.com/header/interest_rates.aspx
I have one month old daughter FD Rs 50000 for 20years please answer maturity amount.