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DCB increases deposit rates

Published on Wed, Jul 09 at 13:11 , Updated at Wed, Jul 09 at 15:00
Source : Moneycontrol.com

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DCB announced today that at 8.75% it offers the highest return amongst banks in the 149 days deposit tenure. It had revised interest rates for Resident and NRO deposits with effect from 08 July 2008.

 

DCB says that its 149 days deposit provides superior returns and greater value to customers; moreover senior citizens would be eligible for an additional 0.5% interest. The market leading interest rate is currently available to existing and new customers who open the 149 days deposit. The attractive deposit rate offers maximum value to banking customers in the short term.

 

 

Resident & NRO: Interest Rates * for single Deposits

Tenure

Interest Rate * (percent per annum) w.e.f. July 7, 2008

Single Deposit of :

< Rs. 15 lacs

From Rs. 15 lacs <Rs. 50 lacs

From Rs. 50 lacs to less than Rs. 1 Cr

149 Days

8.75

8.75

8.75

 

 

 

 

 

 

 

 

 

 

Sourced From: Adfactors Public Relations Pvt Ltd

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