What is the highest DBS Bank FD rate for senior citizens?

The highest DBS Bank Senior Citizen FD rate is 7.35% p.a. on deposit for the tenure of 365 to 400 Days.

Is DBS Bank FD Safe for Senior Citizens?

DBS Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a DBS Bank FD?

Yes, DBS Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a DBS Bank Senior Citizen FD?

The minimum amount required to open a DBS Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on DBS Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on DBS Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

DBS Bank Senior Citizen Fixed Deposit Rates

Name: DBS Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (11038 reviews)

DBS Bank offers attractive FD rates for senior citizens ranging from 4.25% to 7.35% p.a. across tenures of 7 days to 10 years. Continue reading for the latest DBS Bank Senior Citizen FD rates.

DBS Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.35%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

DBS Bank Senior Citizen FD Rates

The table below provides a detailed breakdown of DBS Bank Senior Citizen FD rates across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
7 days	4.25%
8 days	3.00%
9 days & up to 14 days	2.75%
15 days & up to 29 days	3.25%
30 days & up to 45 days	3.25%
46 days & up to 60 days	3.50%
61 days	3.75%
62 days & up to 90 days	4.00%
91 to 180 days	4.25%
181 days	5.50%
182 to 189 days	6.30%
190 to 269 days	6.30%
270 to less than 1 year	6.50%
1 year to 375 days	6.80%
376 days to 400 days	7.35%
401 days to 500 days	7.25%
501 days to 540 days	7.10%
541 days to 599 days	7.25%
600 days	7.10%
601 days to less than 2 years	7.00%
2 years to less than 2 years & 6 months	6.90%
2 years & 6 months	6.90%
2 years 6 months 1 day & less than 3 years	6.90%
3 years and less than 4 years	6.90%
4 years to less than 5 years	6.90%
5 years and above	6.75%

Use the DBS Bank FD Calculator below to estimate the maturity amount and interest earned on your DBS Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Compare DBS Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than DBS Bank for specific tenures. The table below compares DBS Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
DBS Bank	7.35% (365 to 400 Days)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

Frequently Asked Questions