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 01/01/2016 and upgrade the fixed deposit interest rates permissible on deposits has decided to amend as follows:

 

  Serial No.

                  Time Period

Interest Rates in % yearly (effective from 01/01/2016)

        1

          46 days to 90 days

         6.75%

        2

          91 days to less than 1 year

         7.50%

        3

          1 year or more & less than 3 years 

         7.80%

        4

          3 year or more & less than 10 years 

         7.75%

 

Note:-

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

 

Important Note:

  1.  For DCB Bank Staff  will be paid 01% more interest on their deposits for any time period.
  2.  Senior citizens will be paid 0.50%t more interest on their deposits for any time period. 

 

For more details,please contact the Lakhimpur District Co-Operative Bank Ltd. nearest Branch.