Dhanlaxmi Bank Fixed Deposit Interest Rates

Dhanlaxmi Bank Fixed Deposit Features

The major features and benefits of opening fixed deposit at Dhanlaxmi Bank include: 

• The maturity stage starts from 7 days to 10 years with the interest rates ranging from 3.50 - 6.40% per annum.
• Both online and offline facilities are available for all customers to use services and features from the comfort of their homes.
• An additional interest rate of 0.5% is given to all senior citizens who have Fixed deposits in Dhanlaxmi Bank. Also, the range of interest rate starts from 4.00% per cent unlike the regular citizen.
• A customer applying for a short-term FD can get an interest rate of 3.50% per annum with a minimum period of 7 days. 
• A medium-term fixed deposit offers an investment period of 1 to 5 years with interest rates reaching up to 6.40% per annum. 
• The long-term fixed deposit rates can go up to 10 years with a maximum interest rate of 6.40% per annum. The senior citizens can avail interest rate of up to 6.90% per annum. 

Dhanlaxmi Bank Fixed Deposit Interest Rates 2021

Term Deposits- Domestic and NRO Deposits (w.e.f 01/09/2020)

Note: The above mentioned are for retail deposits. Senior citizens can avail of interest rates with 0.5% extra benefits for one year and more domestic term deposits.

Bulk Deposits- Domestic Term Deposits (w.e.f from 01/08/2020)

The interest rates mentioned are subjected to changes with each passing year. It is suggested to inquire and confirm the rates with the Bank.

Things to Know About FD Interest Rates

The notable key features of Dhanlaxmi Bank Fixed deposit interest rates are: 

• The interest rates are provided based on the tenure and the amount. Customers looking to invest a higher amount to achieve any future goals prefer to invest in a fixed deposit plan. 
• Dhanlaxmi Bank Fixed deposit interest rates come with not only high-interest rates and different tenures, but also Short term, Medium term and long term Fixed deposits.

In Conclusion

Dhanlaxmi bank focuses on offering better facilities to their customers for better financial aid. The bank provides all kinds of banking facilities both online and offline. Dhanlaxmi Bank Fixed deposit schemes are highly reliable and convenient for all kinds of customers looking to grow money or stay invested for their dreams.