Dhanalakshmi Bank Fixed Deposit Interest Rates

Dhanalakshmi Bank Tax saving FD Rates

Dhanalakshmi Bank has a special FD plan named "Dhanam Tax Advantage Deposit" under which the investor saves on tax under Section 80C of the Income Tax Act. The maximum tax exemption is up to Rs. 1.5 lakh in a financial year.

Dhanalakshmi Bank NRI FD Interest Rates

Dhanalakshmi Bank NRE FD Rates 

The above-mentioned interest rates are effective from 01 September 2025. Dhanalakshmi Bank can change the interest rates without prior notice. 

Note: A penalty of 1% will be charged on premature withdrawal of deposit of Rs. 50,000/- and above. 

A penalty of 0.50% will be charged for withdrawing deposits less than Rs. 50,000/- w.e.f. 18 April 2016. The bank will pay no interest on term deposits kept less than the minimum prescribed period. 

FCNR Fixed Deposit Interest Rates

The interest rates are applicable as of 4 October 2025.  

RFC Fixed Deposit Interest Rates

The interest rates are valid as of 4 October 2025. 

Features and Benefits of Dhanalakshmi Bank Fixed Deposits

• The nomination facility is available with Dhanalakshmi FD deposits.
• The Indian resident senior citizens get an additional interest benefit on the FD except on the "Dhanam Tax Advantage Deposit plan".
• The premature withdrawal facility is available in some of the FD plans.
• Some of FD plans at Dhanalakshmi bank allows deposit amount as small as Rs. 100.
• There is a range of maturities available for the FD plans, starting from 7 days up to 10 years.

Documents required for Dhanalakshmi Bank FD

You will the following documents while applying for an FD:

• Identity proof: Aadhar card , passport, etc.
• Residential proof.
• Age proof.
• Passport size photographs.
• PAN card.
• Duly signed application form.

Types of FD plans at Dhanalakshmi Bank

There are different types of Dhanlaxmi Bank fixed deposits to choose from, and these include:

• Dhanam Abhivridhi - This is an FD plan where the invested amount will double up within a certain specified period of time.
• Surabhi Deposit - This FD is specifically designed to minimize loss during premature withdrawal.
• Sri Dhana Chakra Deposit - This FD plan allows for automatic renewal of the deposit on maturity. In this plan, you can also deposit at any point of time with no upper limit.
• Cumulative Deposit Certificate - This FD returns quarterly interest that is added to the principal amount. The total amount is paid on the maturity of the deposit.
• Tax Advantage Deposit - This FD offers tax relaxation under Sec 80C of the Income Tax Act.
• Senior Citizens Deposit - This FD gives extra protection to senior citizens through an additional interest rate.

Nomination Facility at Dhanalakshmi Bank

1. The Nomination facility at Dhanalakshmi Bank aims at minimising the hardships caused to the family if the depositor/s dies.
2. The depositor can declare any individual he trusts as the nominee, be it from the family, among friends or relatives.
3. The account holder needs to submit a duly signed application form at the Dhanalakshmi bank to complete nomination formalities.

Premature withdrawal facility

1. You can opt-out of your FD before the expiry of the tenure by availing the premature withdrawal facility.
2. 0.5% penalty on term deposits of less than Rs. 5 lakh upon premature closure. Applicable for domestic, NRE and NRO.
3. 1% penalty on term deposits of Rs. 5 lakh and above. Applicable for domestic, NRE and NRO.
4. This applies to all the FD plans offered by the bank, except the Dhanam Tax Saving Deposit plan is kept out of it.