The popular and of course the smartest choice of investors has been FD’s ever since. The interest rates provided depend on both the period and amount of your investment.
For example, it varies from 4.00-5.75% for a period of 6 months to one year or for less than one crore and 1-5 crore, the minimum is 5.75% for 6-9 months for any amount up to crore and maximum 6.25% for 9 months to 1 year below one crore increases to 6.25% for 1-5 crore.
For CorpBank: Corporation Bank Fixed deposit interest rates
The perfect period for investment with Dena bank is 1-2 years because of the luring 6.50 percent interest rate. If you are a senior then you can avail an extra sum of money owing an additional .50 percent interest rate for senior investors.
For a period above 5 years, the rate of interest falls down to 6.30% because of the uncertainty of the repo rates in future which is true for any Indian banks.
For saving accounts, Dena Bank provides 4% interest rates. Below interest rates are effective from 1 December 2018.
Dena bank Fixed deposit interest rates Feb 2019 For All amount (domestic/NRO):
| TIME PERIOD | INTEREST RATES | |
|---|---|---|
| For Deposits Below 1 Crore | For Deposits Above 1 Crore | |
| 7 Days to 14 Days | 4.00% | 3.50% |
| 15 Days to 30 Days | 4.00% | 3.50% |
| 31 Days to 45 Days | 4.50% | 3.50% |
| 46 Days to 60 Days | 5.75% | 3.50% |
| 61 Days to 90 Days | 5.75% | 3.50% |
| 91 Days to 180 Days | 5.75% | 5.25% |
| 181 Days – 270 days | 6.25% | 5.25% |
| 271 Days to 1 year | 6.25% | 6.65% |
| 1 Year to 2 Years | 6.75% | 6.00% |
| 2 Years to 3 Years | 6.60% | 6.00% |
| 3 Years to 5 Years | 6.25% | 6.00% |
| 5 Years to 10 Years | 6.30% | 6.00% |
Dena Bank NRE Deposit rates Feb 2019:
| Maturity Period | Below 1 Crore | 1-5 crore | Above 5 crore |
| 1 Year | 6.75% | 6.65% | 6.65% |
| 1 Year to 2 Years | 6.75% | 6.00% | 6.00% |
| 2 Years to 3 Years | 6.60% | 6.00% | 6.00% |
| 3 Years to 5 Years | 6.25% | 6.00% | 6.00% |
| 5 Years to 8 Years | 6.30% | 6.00% | 6.00% |
| 8 Years to 10 Years | 6.30% | 6.00% | 6.00% |
Table updated: 2 Febuary 2019
From Table, You can see Dena Bank provides higher Fixed deposit interest for the time interval 1 Years to 5 years.
Important notes:
- The additional interest rate for senior citizens & staff is not applicable to NRE & NRO deposits.
- Deposit rates are the same for both domestic and NRO term deposits.
Dena Bank Fixed Deposit Calculator
Calculate Maturity Value Now
For extra details, Please visit the official website of Dena Bank @ http://www.denabank.com/viewsection.jsp?id=0,3,21,125
View Comments (4)
What is your latest rate of Interest for the various period in Fixed deposit after merging Dena Bank with Bank of Baroda?
please inform me what is the current interest rate of FD for 1 year, 2,3,5 year? And if i fixed the amount for one year and break the FD after 4 or 5 month then how much rate of interest will back.
What is your latest FD rate.
dear sir after March 2015 FD rates were changed? just because i have FD in march with 8.75 rate and recently in this month i did another with 8.5