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

The highest Dhanlaxmi Bank Senior Citizen FD rate is 7.75% p.a. on deposit for the tenure of 36 months and 15 days.

Is Dhanlaxmi Bank FD Safe for Senior Citizens?

Dhanlaxmi 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 Dhanlaxmi Bank FD?

Yes, Dhanlaxmi 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 Dhanlaxmi Bank Senior Citizen FD?

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

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

Yes. Interest earned on Dhanlaxmi 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.

Dhanlaxmi Bank Senior Citizen Fixed Deposit Rates

Name: Dhanlaxmi Bank Senior Citizen FD Rate
Brand: Interest Rates
Rating: 4.8 (14681 reviews)

Dhanlaxmi Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.75% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Dhanlaxmi Bank Senior Citizen FD rates.

Dhanlaxmi Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.75%
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.

Dhanlaxmi Bank Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
7 Days to 14 Days	4.00%
15 Days to 45 Days	5.00%
46 Days to 60 Days	5.00%
61 Days to 90 Days	4.50%
91 Days to 179 Days	5.25%
180 Days to less than one year	5.25%
1 Year and above up to & inclusive of 2 years	6.75%
370 Days (Use 12 months and 5 days while opening FD in online mode)	7.50%
666 Days (Use 21 months and 26 days while opening FD in online mode)	7.60%
Above 2 years upto & inclusive of 3 years	7.00%
1111 Days (Use 36 months and 15 days while opening FD in online mode)	7.75%
Above 3 years up to & inclusive of 5 years	7.00%
Above 5 years up to & inclusive of 10 years	7.10%

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

Compare Dhanlaxmi Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Dhanlaxmi Bank	7.75% (36 Months and 15 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
DCB Bank	8.00% (24-25, 34-35 and 60-61 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