DBS Bank offers a high-interest rate of 8.00% on their FDs alongside convenience and safety. DBS is a celebrated bank which has received accolades as:
You can choose the tenure that best suits you from the multiple options offered. DBS Bank also offers an additional 0.50% interest rate to senior citizens.
The table below outlines the DBS FD rates based on your tenure and your profile:
| Fixed Deposit Tenure | DBS FD Rates for Regular Citizens | DBS FD Rates for Senior Citizens |
|---|---|---|
| 7 days | 2.50% | 2.50% |
| 8 days & up to 14 days | 2.75% | 2.75% |
| 15 days & up to 29 days | 4.00% | 4.00% |
| 30 days & up to 45 days | 4.50% | 4.50% |
| 46 days & up to 60 days | 4.50% | 4.50% |
| 61 days | 5.00% | 5.00% |
| 62 days & up to 90 days | 5.00% | 5.00% |
| 91 to 180 days | 5.00% | 5.00% |
| 181 to 269 days | 6.00% | 6.50% |
| 270 to less than 1 year | 6.00% | 6.50% |
| 1 year to 375 days | 7.00% | 7.50% |
| 376 days to 540 days | 7.50% | 8.00% |
| 541 days to 599 days | 7.25% | 7.75% |
| 600 days | 7.25% | 7.75% |
| 601 days to less than 2 years | 7.25% | 7.75% |
| 2 years to less than 2 years & 6 months | 7.00% | 7.50% |
| 2 years & 6 months | 7.00% | 7.50% |
| 2 years 6 months 1 day & less than 3 years | 7.00% | 7.50% |
| 3 years and less than 4 years | 6.50% | 7.00% |
| 4 years to less than 5 years | 6.50% | 7.00% |
| 5 years and above | 6.50% | 7.00% |
The FD rates displayed in this table are only applicable to individual Indian citizens. If you plan to invest more than ₹2 crores, you can get preferential rates, so contact DBS to know more.
Also Read: Best banks for saving accounts in India
Here are some advantages you can enjoy when you book a DBS Bank FD:
With all these benefits, opening an FD with DBS Bank is one of the ways you can strengthen your financial health for the future. However, in case you need instant funds now for life’s many upgrades, you can rely on Fibe.
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DBS Bank offers varying FD interest rates depending on:
Here are the DBS Bank FD rates for deposits under ₹2 crores:
Check out the DBS Bank FD rates in 2024:
Yes, DBS Bank provides various FD options that help:
The DBS Bank FD interest depends upon the following:
To make your calculation easy, you can use the DBS Bank FD calculator.
You can prematurely withdraw your DBS Bank FD using the following:
In such cases, you will earn interest at a reduced rate with a 1% penalty based on the bank’s terms and conditions.
