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Dhanalakshmi Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Upto Rs. 1 cr (last revised on Apr 23, 2012)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Upto Rs. 1 cr

5.00

N.A

Calculate
15 days to 45 days Upto Rs. 1 cr

7.00

N.A

Calculate
46 days to 90 days Upto Rs. 1 cr

9.00

N.A

Calculate
91 days to 179 days Upto Rs. 1 cr

7.25

N.A

Calculate
180 days to 365 days Upto Rs. 1 cr

8.75

9.25

Calculate
366 days to 499 days Upto Rs. 1 cr

9.00

9.50

Calculate
500 days Upto Rs. 1 cr

9.75

10.25

Calculate
501 days to 2 years Upto Rs. 1 cr

9.00

9.50

Calculate
Above 2 years to 3 years Upto Rs. 1 cr

8.75

9.25

Calculate
Above 3 years to 5 years Upto Rs. 1 cr

10.10

10.60

Calculate
Above 5 years to 10 years Upto Rs. 1 cr

9.00

9.50

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Dhanalakshmi Bank Tax Advantage - 5 years to 10 years Upto Rs. 1 lakh

9.00

9.50

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - Upto Rs. 1 cr (last revised on Apr 23, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Upto Rs. 1 cr 5.00 Calculate
15 days to 45 days Upto Rs. 1 cr 7.00 Calculate
46 days to 90 days Upto Rs. 1 cr 9.00 Calculate
91 days to 179 days Upto Rs. 1 cr 7.25 Calculate
180 days to 365 days Upto Rs. 1 cr 8.75 Calculate
366 days to 499 days Upto Rs. 1 cr 9.00 Calculate
500 days Upto Rs. 1 cr 9.75 Calculate
501 days to 2 years Upto Rs. 1 cr 9.00 Calculate
Above 2 years to 3 years Upto Rs. 1 cr 8.75 Calculate
Above 3 years to 5 years Upto Rs. 1 cr 10.10 Calculate
Above 5 years to 10 years Upto Rs. 1 cr 9.00 Calculate

a) For NRE Fixed Deposit - Upto Rs. 1 cr (last revised on Jan 04, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
366 days to 499 days Upto Rs. 1 cr 9.00 Calculate
500 days Upto Rs. 1 cr 9.75 Calculate
501 days to 2 years Upto Rs. 1 cr 9.00 Calculate
Above 2 years to 3 years Upto Rs. 1 cr 8.75 Calculate
Above 3 years to 5 years Upto Rs. 1 cr 10.10 Calculate
Above 5 years to 10 years Upto Rs. 1 cr 9.00 Calculate