Dhanalakshmi Bank FD Rates 19 Feb 2019 and Calculator

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Dhanalakshmi Bank Fixed Deposit Rates

and 2 other FDs

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Deposit Amount Range

Tenure Range

Interest Rate

Details

Up to ₹1Cr

7 Days to 10 Years

4% - 7.10% Quarterly compounding

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NRI - FD Details

Up to ₹1Cr

1 Year to 10 Years

6.5% - 6.6% Quarterly compounding

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Up to ₹25L

1 Year to 5 Years

7.75% - 8.6% Monthly compounding

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Up to ₹25L

1 Year to 5 Years

7.72% - 8.65% Monthly compounding

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Dhanalakshmi Bank Fixed Deposit Rates

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Established as early as 1927 in Thrissur, Kerala, Dhanlaxmi Bank is a trusted name that has a strong branch network. The bank offers premium quality products and services, Fixed Deposits (FDs) being one among them. There are different types of Dhanlaxmi Bank fixed deposits to choose from, and these include:

Dhanam Abhivridhi
Surabhi Deposit
Sri Dhana Chakra Deposit
Cumulative Deposit Certificate
Tax Advantage Deposit
Senior Citizens Deposit

The following are the latest interest rates paid by the bank on domestic fixed deposits in 2019:

Dhanlaxmi Bank FD interest rates: Below Rs.1 crore

Tenure bucket	Regular FD rate (per annum)	Senior citizen FD rate (per annum)
Above 6 days to 45 days	4.00%	4.50%
Above 45 days to 2 months	5.00%	5.50%
Above 45 days to 2 months	5.00%	5.50%
Above 2 months to 3 months	6.75%	7.25%
Above 3 months to 6 months	5.50%	6.00%
6 months to 12 months	6.50%	7.00%
12 months < 500 days	7.00%	7.50%
12 months to 500 days	7.00%	7.50%
500 days	7.25%	7.75%
Above 24 months to 120 months	6.50%	7.00%

*The Dhanlaxmi Bank Term Deposit rates are subject to change at the discretion of the bank. The interest rates are valid as of 11 February 2019.

Highlights of Dhanlaxmi Bank FD rates

Highest Dhanlaxmi Bank Fixed Deposit rate: 7.25% p.a.
Range of interest rates: 4.00% p.a. to 7.25% p.a
Maturities available: Above 6 days to 10 years

Dhanlaxmi Bank Short-Term Fixed Deposit Interest Rates

An interest rate of 4.00% p.a. to 6.00% p.a. will be paid for all deposits that are held for a period that is from 7 days to less than 1 year
The slab for 180 days to less than 1 year (364) days will pay the FD holder maximum returns, which is at the rate of 6.00% p.a.
Those who go for an FD for 91 days to 179 days, will be getting 5.50% p.a. and those who hold one for 46 days to 90 days will get 5.00% p.a.
The lowest paying tenure is 7 days to 45 days, where the rate applicable is 4.00% p.a.

Dhanlaxmi Bank Medium-Term Fixed Deposit Interest Rates

Medium-term FDs come with a minimum investment duration of about 1 year and go up to 5 years.
The range for interest payment if from 6.50% p.a. to 6.60% p.a.
The highest interest rate paid by the bank is 6.60% p.a for keeping a time deposit for more than 1 year to 2 years.
In this slab, a customer who is seeking tax benefits can go for the Dhanlaxmi Bank Tax Advantage FD, which offers a tax exemption of up to Rs.1.5 lakh under Section 80C of the Income Tax Act

Dhanlaxmi Bank Long-Term Fixed Deposit Interest Rates

The investment duration for a long-term time deposit is anything that is more than 5 years.
The rate of interest paid will be at the rate of 6.50% p.a. for this deposit type.

Dhanlaxmi Bank Senior Citizen Fixed Deposit Interest Rates

Extra interest of 0.50% p.a will be paid to all those belonging to the senior citizen slab.
The range at which interest is paid begins from 4.50% p.a. to 7.10% p.a.
The maximum returns paid for a person aged 60 and above by the bank is 7.10% p.a.
For a duration of above 2 years to 10 years, a pensioner will be able to earn at the rate of 7.00% p.a.

Dhanlaxmi Bank NRO FD Rates

Tenure	Regular FD rate (per annum)	Senior citizen FD rate (per annum)
7 days to 45 days	4.00%	4.50%
46 days to 90 days	5.00%	5.50%
91 days to 179 days	5.50%	6.00%
180 days to 364 days	6.00%	6.50%
1 year to 2 years	6.60%	7.10%
More than 2 years to 3 years	6.50%	7.00%
More than 3 years to less than 5 years	6.50%	7.00%
5 years to 10 years	6.50%	7.00%

Dhanlaxmi NRE FD Rates: Less than Rs.1 crore

Tenure	NRE interest rate (per annum)
More than 1 year to 2 years	6.60%
More than 2 years to 10 years	6.50%

Dhanlaxmi FCNR deposit interest rates:

Tenure/currency	SGD	AUD	CAD	EUR	GBP	USD
1 year to less than 2 years	2.28	2.51	2.64	0.28	1.25	3.01
Above 2 years to less than 3 years	2.48	2.62	2.80	0.37	1.45	3.20
Above 3 years to less than 4 years	2.62	2.72	2.92	0.53	1.57	3.27
Above 4 years to less than 5 years	2.71	2.97	2.99	0.67	1.67	3.29
Up to 5 year	2.80	3.07	3.04	0.82	1.75	3.31

Dhanlaxmi RFC deposit rates

Tenure/currency	USD	GBP	EUR
Above 6 months to less than 1 year	2.97	1.22	0.19
Above 1 year to below 2 years	3.01	1.25	0.28
Above 2 years to below 3 years	3.20	1.45	0.37
3 years	3.27	1.57	0.53

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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.

18 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.

20 November 2015