Deposits Interest Rate



Nationalized banks are being provided on its fixed interest on deposits view of the changes made to the management by the Bank on or after the date 10/11/2020 and upgrade the fixed deposit interest rates permissible on deposits has decided to amend as follows:


  Serial No.

                  Time Period

Interest Rates in % yearly (effective from 10/11/2020)

        1

          46 days to 90 days

         4.50%

        2

          91 days to less than 1 year

         5.40%

        3

          1 year or more & less than 2 years 

         5.35%

        4

          2 year or more & less than 3 years 

         5.40%
       5            3 year or more & less than 5 years          5.55%
      6            5 year or more & less than 10 years          5.50%

Note:-

            Saving Bank Deposit (On Daily Basis):-  3.75 %


Important Note:

  1.  For DCB Bank Staff  will be paid 01% more interest on their deposits for any time period.

  2.  Senior citizens will be paid 0.50%t more interest on their deposits 10,000.00 or more for time period minimum 1 year.

For more details,please contact the  District Co-Operative Bank Ltd.Lucknow nearest Branch.