Deposit Interest Rate

Nationalized banks are being provided on its fixed interest on deposits view of the changes made to the management by the Bank on or after the date 05/05/2016 and upgrade the fixed deposit interest rates permissible on deposits has decided to amend as follows:

  Serial No.

                 Type of Account

Interest Rates in % yearly (effective from 05/05/2016)

   (a)          Term Deposits  
        1.          15 days to 45 days          4.00%
        2.          46 days to 90 days          5.00%
        3.          91 days to 180 days          6.25%
        4.          181 days to below 1 year          7.00%
        5.          1 year or more & but less than 1.5 year          7.30%
        6.          1.5 year or more & but less than 3 year           7.30%
        7.          3 year or more & but less than 5 year           7.25%
        8.          5 year or more & but less than 10 year           7.00%
     (b)     Term Deposits for Senior Citizen‚Äč  
        1.         1 year or more & but less than 1.5 year          7.80%
        2.         1.5 year or more & but less than 3 year          7.80%
        3.         3 year or more & but less than 5 year          7.75%
        4.         5 year or more & but less than 10 year          7.50%

Note:-

            Saving Bank Deposit (On Daily Basis):-  4.00 %

Important Note:

  1.  For DCB Bank Staff  will be paid 1% more interest on their deposits for any time perio
  2. Senior citizens will be paid 0.50%t more interest on their deposits for any time period.

For more details,please contact the Zila Sahkari Bank Ltd. Kanpur nearest Branch.