DENA BANK OFFERS ATTRACTIVE INTEREST RATES ON DOMESTIC TERM DEPOSITS

The interest rates on domestic term deposits w.e.f. 03.06.2013 will be as under :-

  Interest rate (per annum)
 

 

MATURITY PERIOD	For Deposits Below 1 Crore	For Deposits Rs. 1 Crore and Above but less than Rs. 5 Crore	For Deposits Rs. 5 Crore and Above
07 DAYS TO 14 DAYS @	5.00*	6.00	6.00
15 DAYS TO 29 DAYS	5.00*	6.00	6.00
30 DAYS TO 45 DAYS	6.00*	7.00	7.00
46 DAYS TO 60 DAYS	6.00*	7.00	7.00
61 DAYS TO 90 DAYS	7.00*	7.50	7.50
91 DAYS TO 120 DAYS	7.25*	7.75	7.75
121 DAYS TO 179 DAYS	7.75*	7.75	7.75
180 DAYS TO 270 DAYS	8.25*	8.25	8.25
271 DAYS TO 364 DAYS	8.50*	8.50	8.50
365 DAYS / 1 YEAR	8.75	8.75	8.75
ABOVE 1 YEAR TO LESS THAN 2 YEARS	8.75	8.75	8.75
2 YEARS TO LESS THAN 3 YEARS	8.75	8.75	8.75
3 YEARS TO LESS THAN 5 YEARS	9.00	8.75	8.75
5 YEARS TO LESS THAN 8 YEARS	9.00	8.75	8.75
8 YEARS & UP TO 10 YEARS	8.75	8.75	8.75

DENA MAHA TAX BACHAT YOJNA:

MINIMUM LOCK IN PERIOD 5 YEARS.

Rate of Interest will be as under :

MATURITY PERIOD	For Deposits Below 1 Crore	For Deposits  Rs. 1 Crore and above but less than Rs.5 Crore
5 YEARS TO LESS THAN 8 YEARS	9.00	8.75
8 YEARS & UP TO 10 YEARS	8.75	8.75

 

@ MINIMUM SIZE OF DEPOSIT PER RECEIPT MUST BE RS. 1 LAC THROUGH A SINGLE DEPOSIT RECEIPT, NA- Not Applicable

* THERE WILL BE NO PREMATURE PENALTY ON THE DEPOSITS ABOVE RS. 15 LAC BUT LESS THAN RS. 1 CRORE ON  ACCOUNT OF WITHDRAWL BEFORE THE CONTRACTED PERIOD , IN TIME BUCKETS FROM 7 DAYS TO 364 DAYS FOR FRESH DEPOSITS AND RENEWALS CONTRACTED FROM THE EFFECTIVE DATE OF CHANGE I.E 09.07.2012 AND SHOULD REMAIN IN BANK FOR A MNINIMUM PERIOD OF 7 DAYS.

SENIOR CITIZENS WILL GET ADDITIONAL @ 0.50% INTEREST  OVER AND ABOVE CARD RATE EXCEPT NRI DEPOSITS.

ALL RATES ARE SUBJECT TO CHANGE FROM TIME TO TIME.