![]() ![]() On Wednesday, for a third straight time, the Federal Reserve kept its key interest rate unchanged. Meanwhile, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 percent as expected in its MPC on 8 December. More than 38 months to less than 61 months 7.40% ![]() HDFC Bank Time Deposits of up to 5 years with no forward contract are protected by the Hong Kong Deposit Protection Scheme up to a. ![]() Opt for interest pay outs as per your convenience monthly, quarterly, half-yearly, annually or on maturity. More than 26 months to less than 37 months 7.60% For Term Deposits above Rs 5.00 lacs, the applicable penalty will be 1 (all tenors).' For the duration that deposits were held by the bank, the interest rate will be 0.50 percent or 1 less than the rate in effect at the time of deposit, whichever is less, or 0.50 percent or 1 less than the contracted rate, whichever is less. Earn competitive interest rates on your Time Deposits. The bank is offering the highest FD interest rate of 8% to general customers and 8.60% for senior citizens, after the revision.Īfter the latest hike, DCB Bank is offering an interest rate ranging from 3.75% to 8% on FDs maturing in seven days to ten years to general customers, and 4.25% to 8.60% to elderly people.ġ2 months 1 day to 12 months 10 days 7.85%ġ2 months 11 days to 18 months 5 days 7.15%ġ8 months 6 days to less than 700 days 7.50% The new rates are effective from 13 December as per the DCB Bank website. 3 years and above but less than 4 years 7.00%Ĥ years and above but less than 5 years 7.00%ĥ years and above up to and inclusive of 10 years 6.20%ĭCB Bank has hiked fixed deposit interest rates on select tenors for deposits below ₹2 crore. ![]()
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