FD Investment: Investing has become very important in today’s times. If you are thinking about investing in an FD instead of a government scheme, then this news can be very special for you. For information, let us tell you that the private sector DBC Bank has revised its interest rates. After this, these new interest rates have been implemented for ordinary, senior, and very senior citizens. Let us tell you that after the revision, the interest rate for FD investors through DCB Bank has been fixed from 3.75 to 7.20 percent. At the same time, interest is being provided between 4 percent to 7.70 percent for senior citizens and 7.95 percent for very senior citizens.
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Let us tell you that DCB Bank has revised its FD interest rates on deposits of less than Rs 3 crore in several tenures. These new rates are effective for ordinary, senior, and very senior people. Let us tell you that the highest interest rate has been applied for a period of less than 27 to 28 months. Where ordinary customers are getting 7.20 percent interest. Apart from this, senior citizens are being given interest at the rate of 7.70 percent. And very senior people are being given interest at the rate of 7.95 percent.
Know how much interest is being given for which period
Let us tell you that for a period of 7 days to 45 days, general and senior citizens are getting 4 percent interest. After this, for a period of 46 days to 90 days, ordinary and senior citizens are being given interest at the rate of 4.75 percent.
Apart from this, for a period of less than 10 months to 12 months, general people are being given 6.50 percent interest, senior and very senior citizens are being given 6.75 percent interest. Apart from this, for 27 months to less than 28 months, interest is being provided at the rate of 7.20 percent to general people, 7.70 percent to senior citizens, and 7.95 percent to very senior citizens.
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While for a period of more than 60 months and up to 62 months, interest is being provided at the rate of 7.20 percent to general people, 7.70 percent to senior citizens, and 7.70 percent to very senior citizens. Along with this, for a period of more than 61 months and up to 120 months, interest is being provided at the rate of 7 percent to general people, 7.25 percent to senior citizens, and 7.25 percent to very senior citizens.