DBS bank gives Attractive interest on FD, know details

DBS Bank FD : As RBI is continuously increasing the repo rate to fight the consequences of inflation. Most banks have increased the interest rates on fixed deposits. DBS Bank has also recently increased the interest rate on FDs. These new rates would be applicable for Fd of less than Rs 2 crore rupees. Now, The bank offers interests rates between 2.50 per cent to 7.25 percent.

The bank has launched a special FD scheme of 600 days. DBS Bank is offering 7.25 percent interest rate to the common people and 7.75 percent interest rate to senior citizens for this Special FD scheme.

New interest rates

• 7 days – For common people – 2.50 percent,  For Senior Citizen: 3.00 percent
• 8 days to 14 days – common people – 2.75 percent,  For Senior Citizen: 3.25 percent
• 15 days to 29 days – common people –  2.75 percent, For Senior Citizen: 3.25 percent
• 30 days to 45 days – For common people – 2.75 percent,  For Senior Citizen: 3.25 percent
• 46 days to 60 days – for common people – 2.75 percent, For Senior Citizen: 3.25 percent
• 61 days to 90 days – for common people – 3.00 percent, For Senior Citizen: 3.50 percent
• 91 days to 180 days – For common people – 3.00 percent, For Senior Citizen: 3.50 percent
• 181 days to 269 days – For common people – 4.75 percent, For Senior Citizen: 5.25 percent
• 270 days to less than 1 year – For common people – 4.75 percent, For Senior Citizen: 5.25 percent
• 375 days from the day of 1 year – For common people – 6.25 percent, For Senior Citizen: 6.75 percent
• 376 days and less than 2 years – For common people – : 7.25 percent, For Senior Citizen: 7.75 percent
• 600 days – For common people –  7.25 percent, For Senior Citizen: 7.75 percent
• 601 days but less than 2 years – common people – 6.50 percent, For Senior Citizen: 7.00 percent
• 2 years and 6 months – For common people – 6.50 percent, For Senior Citizen: 7.00 percent
• 2 years 6 months 1 day and less than 3 years – For common people – 6.50 percent, For Senior Citizen: 7.00 percent
• 3 years and below 4 years – For common people – 6.25 percent, For Senior Citizen: 6.75 percent
• 4 years to less than 5 years – For common people – 6.25 percent, For Senior Citizen: 6.75 percent
• 5 years and above – For common people – 6.25 percent, For Senior Citizen: 6.75 percent.

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