DCB Bank FD Rates 2025

DCB Bank, which previously operated as Development Credit Bank, maintains a substantial presence in India with 457 branches across 19 states and 3 union territories. As a matter of fact, this private sector bank provides a range of financial products, including fixed deposits. Customers often choose these deposits due to the favourable DCB Bank FD rates and other salient features that enable them to generate consistent earnings. Let us learn more about the different types of FDs made available by DCB Bank.

DCB Bank FD Rates for General and Senior Citizens

DCB Bank FD interest rates for senior citizens range between 4.25% to 8.50%. On the other hand, the general public can earn from 3.75% - 8.00% annualised interest on their FDs. The bank's FD tenure varies from 7 days to 10 years, thus offering a wide range of savings and investment options for risk-averse investors.

Disclaimer: The above-mentioned DCB Bank FD rates reflect the latest figures published on the bank’s official website. These rates are subject to change with prior notice. Therefore, for the most current updates, refer to the bank’s official website.

Term-wise DCB Bank FD Rates

In the sections below, we have discussed term-wise potential returns for DCB Bank FD holders:

Short Term

If you are looking to invest in DCB Bank fixed deposits for a short duration, then you can opt for tenures ranging from 7 days to less than 700 days. For instance, you can earn 7.10% interest by doing a lump sum investment in a regular DCB Bank fixed deposit for 1 year. Likewise, a ₹1 lakh fixed deposit can earn you ₹7,100 interest within 12 months. Senior citizens get 7.60% returns on FD investments with a 12-month tenure. As a result, they can earn ₹7,601 with ₹1 lakh FD in one year.

Medium Term

Suppose, you invest in a DCB Bank fixed deposit for 3 years at 7.50% per annum. Then, you can get ₹72,690 as interest returns after investing ₹3 lakh. On the other hand, a senior citizen can obtain ₹77,914 as FD returns upon making the same investment as the bank would provide them with an additional 0.50% return.

Long Term

Long-term FD investors can enjoy returns varying between 7.25% - 7.65% upon investing in a DCB Bank fixed deposit. Likewise, if you put ₹7 lakh for 10 years in a DCB Bank fixed deposit account, you can get ₹7,09,520 as interest on maturity. In comparison to the 7.25% return offered to general customers, the bank offers 7.75% to senior citizens. Accordingly, they can earn ₹7,76,628 as returns from their ₹7 Lakhs investment after 10 years.

Types of DCB Bank Term Deposits

Let us quickly have a look at the various types of FD schemes provided by the DCB Bank:

DCB Regular Term Deposit Scheme

You need to deposit a minimum of ₹10,000 to initiate this term deposit scheme with DCB Bank. Some of the main features of this account are as follows:

• Its maturity period ranges between 7 days and 10 years.
• Customers can opt for monthly, quarterly, half-yearly or annual interest payouts on their FDs. The amount of payout depends on the agreed-upon interest rate at the time of opening the FD account.
• One can opt for a loan/overdraft against this type of FD. The bank generally offers up to 80% of the money deposited in the FD as a loan.
• Finally, these fixed deposits come with an auto-renewal feature.

DCB Suraksha FD Account

With this fixed deposit program, you can secure complimentary life insurance benefits for your family. Typically, you receive insurance coverage which is equivalent to your fixed deposit principal.

Some highlights of the Suraksha FD account are as follows:

• It can be opened with a three-year tenure.
• To avail the scheme, you should deposit at least ₹10,000.
• Account holders who are aged between 18 years and 54 years can only avail the life insurance benefits.
• DCB Suraksha Scheme participants can opt for insurance coverage of up to ₹50 lakh.

DCB Tax Saver Fixed Deposit

The deposit scheme, as its name indicates, provides tax benefits. Depositors can enjoy income tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act, 1961 by participating in this scheme.

Apart from saving taxes, you can get the following advantages upon investing in DCB tax saver fixed deposit:

• It comes with a lock-in period of 5 years thus facilitating disciplined savings.
• In a year, you can deposit up to ₹1.5 lakh whereas to open this type of account you will need a minimum of ₹10,000.
• Customers of this fixed deposit can collect their interest payouts quarterly or see the returns getting compounded quarterly.
• However, you won’t be able to avail loans against this fixed deposit.

DCB Zippi Online FD Account

Some of the standout features of the DCB Zippi online fixed deposit account are listed below:

• This fixed deposit scheme can be availed online with minimum paperwork needed.
• The minimum tenure of this account is 14 days whereas you can stay invested for as much as 10 years.
• Per transaction, you can deposit a maximum of ₹10 lakh and a minimum of ₹10,000.
• As both the maturity value and the interest amounts are directly credited to the same fixed deposit account, this type of scheme does not require you to open any DCB Bank regular savings account.

DCB Bank Diamond Khushiyali Deposit Scheme

This fixed deposit scheme allows account holders to make monthly deposits, culminating in a lump sum payout upon maturity. A minimum deposit of ₹500 is required to maintain this account. The key features of DCB Bank Khushiyali Deposit Scheme include:

• Its tenure can range between 1-10 years.
• The bank does not charge any penalty if an account holder misses a monthly contribution.
• Here, interest rates are determined by prevailing rates at maturity or closure.
• Finally, deposit holders can expect loan availability of up to 90% of their deposit value.

DCB Bank FD Calculator

To check the maturity amount of any FD scheme, you can use the fixed deposit returns calculator, which is accessible 24/7 on our platform. Given that DCB Bank FD rates can differ across various tenures, you can consider optimising your investments by comparing the potential earnings across different tenures. In scenarios involving reinvestment schemes, our compound interest FD calculator can help determine the accrued interest and the final maturity amount. Additionally, you can download our mobile app to compare DCB Bank FD rates with other RBI-approved fixed deposit issuers that offer much higher returns. This will assist you in making a well-informed financial decision.

Benefits of DCB Bank FD

The best part about availing DCB Bank fixed deposits is that it allows customers to enjoy annual, half-yearly, quarterly and even monthly payouts, thus keeping things flexible.

Additionally, you can realise the following advantages after opening a DCB Bank FD:

• The bank offers a loan against FD facility.
• Customers can opt for the auto-renewal facility while opening their fixed deposit account.
• Nomination facility is available across all the DCB Bank FD schemes.
• Finally, the bank is approved by the DICGC. Thus, up to ₹5 lakh of your FD investments are safe in any emergency situation.

Eligibility to Avail DCB Bank FD Rates

To be held eligible for opening a DCB Bank FD, you have to fulfil the following criteria:

• Your age must be at least 18 years old or above.
• You need to be an Indian by birth.
• Besides individuals, partnership firms, sole proprietorships and Hindu Undivided Families (HUFs) can also apply for DCB Bank fixed deposits.

Documents Needed to Avail DCB Bank FD Rates

For a successful account opening, you must have these documents:

• Identity Proof: Aadhaar card, senior citizen ID card, voter ID card, PAN card or driving licence
• Address Proof: Any utility bill like electricity bill, telephone bill, etc., or passport or bank statement with a cheque
• In addition to the above documentation, you will also need to provide a recent passport-size photograph of the account holder.

Premature Withdrawal of DCB Bank FD

Certain penalties are levied on fixed deposit returns for customers who wish to withdraw their funds before maturity. For instance, if you had deposited less than ₹2 crore, but then decided to withdraw your corpus after 14 days, or anytime after that but before maturity, the bank would reduce 0.50% from the applicable rate. If the same thing occurs for deposits exceeding ₹2 crore, then the bank can deduct up to 2% of interest if the withdrawal request comes after 30 days of opening the account.

Tax on DCB Bank FDs

People who wish to save up to ₹1.5 lakh on income tax can explore the tax-saver FD option extended by DCB Bank. Besides this, you can claim tax-free interest income from all other categories of fixed deposits offered by the bank, provided your cumulative FD return for a single financial year is less than ₹40,000. For senior citizens, this upper limit is ₹50,000. Above the threshold, the bank authorities will charge a 10% TDS on your annual FD returns. If you do not provide PAN card details, then this deduction can become 20% of your FD returns per year.

Why Should You Book an FD With Stable Money?

Stable Money's partner FD issuers offer their customers interest rates reaching 9.10% per annum, surpassing many other bank offerings. Moreover, users can book FDs through Stable Money without opening separate savings accounts at these partner banks. Every bank or NBFC on Stable Money issues a fixed deposit certificate upon booking. The best part is that customers can book multiple FDs anytime with DICGC insuring each deposit up to ₹5 lakh, as mandated by RBI regulations.

So, get the Stable Money App today and secure an FD with up to 9.10% interest!