News About Dhanalakshmi Bank

• Dhanlaxmi Bank Fixed Deposit Rates

  Dhanlaxmi Bank, which is a private sector bank, offers a number of attractive services such as personal, corporate, and NRI banking services to its customers. The fixed deposits offered by the bank include attractive rates of interest. As per the recent directive by the Reserve Bank of India, Dhanlaxmi Bank has revised its interest rates.

  The bank has changed interest rates for domestic and NRO term deposits. For deposits with 365 days tenure, the rate offered is 7.35%. Deposits having tenure above 1 year upto & inclusive of 2 years, and above 2 years upto & inclusive of 3 years, the interest rate applicable is 7.25%. An interest rate of 7.10% is levied on term deposits with tenures above 3 years upto & inclusive of 5 years, and above 5 years upto & inclusive of 10 years. For senior citizens an additional 0.5% rate of interest is applicable on all domestic term deposits for a period of 1 year and above. These revised rates of interest are applicable from March 10, 2016.

  

  18th March 2016

• Fixed Deposit Rates in Dhanalakshmi Bank

  Dhanalakshmi Bank has revised the interest rates of its products owing to the repo rate reduction and the subsequent directive by the Reserve Bank of India.

  The bank offers revised interest rates on term deposits - domestic and NRO deposits - with effect from November 18, 2015. Interest rates for tenures ranging 46 -90 days and 91-179 days are offered at 6.50% and 6.75% respectively. An interest rate of 7% is offered for 180-364 days fixed deposit. Between 365 days-2 years and above 2 years inclusive of 3 years the rate of interest applicable is 7.60% for both the tenures. For the next slab of above 3 years up to 5 years and above 5 years up to 10 years, customers will get interest rate of 7.50% for short-term fixed deposits. Senior citizens can avail an additional rate of interest of 0.50% per annum for all domestic term deposits having a tenure of 1 year.

  

  20th November 2015