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 6.75 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 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 6.00 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 30 January, 2017.
Dhanlaxmi Bank Fixed deposit interest rates 2017 (For domestic & NRO deposits):
|TIME PERIOD||BELOW ONE CRORE (% p.a.)|
|Senior Citizen Rates|
|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||5.00%||5.00%|
|91 Days to 180 Days||5.50%||5.50%|
|181 Days to 270 days||6.00%||6.00%|
|271 Days to 1 Year||6.00%||6.00%|
|1 Year to 2 Years||6.75%||7.25%|
|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 2017:
|Maturity range||interest rate (% p.a.)|
|1 Year to 2 Years||6.75%|
|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, 2017
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.
- Saving deposit rate is 4% for domestic, nre and nro accounts.
- Visit branch to know fixed deposit rates for amount above 1 crore.
Check out official link @http://www.dhanbank.com/header/interest_rates.aspx