Dhanlaxmi FD rates are one of the exceptional services and amenities that the bank offers to its clients. The bank offers a number of Dhanlaxmi bank FD rate programs, each with its own set of features, perks, and terms. For tenures ranging from seven days to ten years, Dhanlaxmi Bank FD rates to the general public range from 5.75 — 7.25% p.a. to the general public and to senior citizens of 5.75-7.75% p.a. Additionally, the bank provides NRIs with a variety of fixed deposit options, including NRO, NRE, RFC, and FCNR (B) fixed deposits. You can select and invest in the plan according to your financial objectives and convenience.
Given below are some of the benefits of Dhanlaxmi Bank FD Rates:
- With interest rates ranging from 5.75 to 7.75% annually, the maturity stage ranges from 7 days to 10 years.
- All customers have access to online and offline facilities so they can use services and features from the comfort of their homes.
- All senior citizens with Dhanlaxmi bank FD rates account receive an additional 0.5% interest rate. Additionally, in contrast to the average citizen, the interest rate range begins at 4.00% per cent.
- With investment terms ranging from one to five years and interest rates as high as 7.75% annually, medium-term fixed deposits are a good option.
- Long-term Dhanlaxmi FD rates have a maximum annual interest rate of 7.25% and a maximum term of up to 10 years. Senior citizens have access to interest rates as high as 7.75% annually.
The following table shows the interest rate for domestic/NRO deposits of less than 2 crore.
|Tenure||Interest rate %|
|7 days – 14 days||5.75||5.75|
|15 days – 45 days||5.75||5.75|
|46 days – 60 days||6.50||6.50|
|61 days – 90 days||6.50||6.50|
|91 days – 179 days||6.50||6.50|
|180 days – < 1 year||6.50||6.50|
|1 year – 2 years||6.75||7.25|
|555 days (18 months 7 days)||7.25||7.75|
|Above 2 years – 3 years||6.50||7.00|
|Above 3 years – 5 years||6.60||7.10|
|Above 5 years – 10 years||6.60||7.10|
|Rs.2 Crore and upto Rs.10 Crore||Above Rs.10 Crore and upto Rs.25 Crore||Above Rs.25 Crore and upto Rs.50 Crore||Above Rs.50 Crore|
|7 – 14 Days||6.25||6.25||6.25||6.25|
|15 – 30 days||6.25||6.25||6.25||6.25|
|31 – 45 days||6.25||6.25||6.25||6.25|
|46 – 90 days||7.00||7.00||7.00||7.00|
|91 – 179 days||7.00||7.00||7.00||7.00|
|180 days – < 1 year||7.00||7.00||7.00||7.00|
|1 year (domestic And NRE)||7.25||7.25||7.25||7.25|
Dhanlaxmi Bank FD Interest Rates for NRE/NRO/FCNR
|Tenure||Interest Rates (% p.a.)|
|Above 1 year to 2 years||6.75|
|555 days (18 months 7 days)||7.25|
|Above 2 years to 3 years||6.50|
|Above 3 years to 5 years||6.60|
|1111 days (36 months 15 days)||6.60|
|Above 5 years to 10 years||6.60|
Dhanlaxmi Bank FD Rates for FCNR Citizens
|Tenure/ Currency||1 year – < 2 years||2 years – < 3 years||3 years – < 4 years||4 years – < 5 years||5 years (Maximum)|
|Interest Rates (% p.a.)|
|Tenure||Interest Rates(% p.a.)|
|5 years – 10 years||6.60|
Customers can estimate the interest their funds will generate when held in a fixed deposit with Dhanlaxmi Bank using the online FD calculator Dhanlaxmi bank. This will provide information about the investment, including the amount of the principal that remains after maturity when the interest has been compounded daily, monthly, quarterly, half-yearly, or annually. Online calculators like this one can help you learn how your FD produces interest and how much you will earn at the completion of the duration of your FD schemes.
If you are someone willing to get better interest returns on your deposit, make an FD account with Dhanlaxmi bank. If you are an existing account holder, you can seamlessly get exciting benefits on your FD interest.
Both existing as well as non-existing customers of Dhanlaxmi Bank can make an FD account to avail of the benefits of Dhanlaxmi Bank FD rates.
For a duration of 555 days (18 months and 7 days), Dhanlaxmi Bank is offering an FD interest rate of 7.25% per annum (7.75% for senior citizens).
Yes, for deposits under or beyond Rs. 5 lakhs, there will be a penalty of 0.5% or 1%, respectively.
No, consumers will continue to receive interest at the rates in effect at the time the FD account was opened. Only new clients of Dhanlaxmi Bank will be subject to the increased FD rates.
The minimum deposit amount is Rs. 100.