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 7.40 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. 7.25 percent.

dhanlaxmi bank fd interest rates

Don’t Miss: HDFC Bank Fixed deposit interest rates

For short period the Dhanlaxmi Bank interest rates offered is quite appreciable starting from very decent 5 percent for merely 15-45 days which increases to 6.50 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.

Table for Dhanlaxmi Bank Fixed deposit interest rates (For domestic & NRO deposits):

TIME PERIODBELOW ONE CRORE (% p.a.)
Interest Rates
(per Annum)
Senior Citizen Rates
(per Annum)
7 – 14 Days5.005.00
15 – 30 Days5.005.00
31 – 45 Days5.005.00
46 – 60 Days6.256.25
61 – 90 Days6.256.25
91 Days – 180 Days6.506.50
181 Days – 270 days6.756.75
271 Days – 1 year6.756.75
1 Year – 2 Years7.35-7.257.90
2 Years – 3 Years7.257.90
3 Years – 5 Years7.257.75
5 Years – 10 Years7.257.75

NRE deposit interest rates:

 Maturity rangeinterest rate (% p.a.)
 1-2 years 7.25
 2-3 years 7.25
 3-5 years 7.10
 5-10 years 7.10

Table updated: 3 April, 2016

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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.

Check out official link @http://www.dhanbank.com/header/interest_rates.aspx

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