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