Interest Rates
3.50% – 8.05%
Time Period
7 days – 10 years
Min - Max Amount
5,000 - No upper limit
Compounding
Quarterly
ENTER AMOUNT
Select Duration
Expected Rate of Return
The future value of investment will be
₹ 0
Invested Amount
₹ 10,000
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DCB Bank Limited is a modern, emerging private sector bank in India that has carved a niche for itself in the competitive banking landscape. Originally established as Development Co-operative Bank in the 1930s, the bank transformed into a scheduled commercial bank in 1995 and subsequently rebranded as DCB Bank Limited in 2004. Headquartered in Mumbai, Maharashtra, the bank operates through a growing network of branches across India, serving retail, micro-SME, and corporate customers. The bank's journey from a co-operative bank to a scheduled commercial bank reflects its adaptability and growth trajectory in the evolving Indian financial sector.
The bank offers a comprehensive suite of financial products and services including savings accounts, current accounts, fixed deposits, loans, and wealth management solutions. DCB Bank has developed a reputation for its customer-centric approach and innovative banking solutions tailored to meet contemporary financial needs. Its fixed deposit schemes have gained significant popularity among investors seeking competitive returns with the safety of a regulated banking institution. The bank's strong focus on technology integration and digital banking has positioned it well to serve the needs of modern banking customers.
DCB Bank is listed on both the Bombay Stock Exchange and the National Stock Exchange of India. The bank has maintained stable credit ratings from leading agencies including CRISIL and ICRA for its fixed deposit programmes. These ratings reflect the institution's sound financial health, stable management, and consistent performance. The bank continues to expand its presence while maintaining a sharp focus on asset quality and sustainable growth practices.
The bank's digital initiatives have significantly enhanced customer convenience and accessibility in recent years. DCB Bank offers robust internet banking, mobile banking applications, and digital payment solutions for seamless banking experiences. Its fixed deposit schemes are designed to cater to diverse customer segments with varying investment preferences and financial goals. The combination of technological innovation and personalised banking services makes DCB Bank an attractive choice for discerning depositors and investors.
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (p.a.) |
7 – 14 days | 3.50% | 4.00% |
15 – 30 days | 3.50% | 4.00% |
31 – 45 days | 4.00% | 4.50% |
46 – 90 days | 4.75% | 5.25% |
91 – 180 days | 5.50% | 6.00% |
181 – 364 days | 6.25% | 6.75% |
12 – 15 months | 7.75% | 8.25% |
15 months 1 day – 18 months | 7.80% | 8.30% |
18 months 1 day – 24 months | 7.85% | 8.35% |
24 months 1 day – 36 months | 7.60% | 8.10% |
36 months 1 day – 60 months | 7.40% | 7.90% |
60 months 1 day – 120 months | 7.20% | 7.70% |
Note: The data is as of July 16, 2025
Tenure | Regular Rate (p.a.) | Senior Citizen Rate (p.a.) |
7 – 14 days | 4.00% | 4.50% |
15 – 30 days | 4.00% | 4.50% |
31 – 45 days | 4.50% | 5.00% |
46 – 90 days | 5.25% | 5.75% |
91 – 180 days | 6.00% | 6.50% |
181 – 364 days | 6.75% | 7.25% |
12 – 15 months | 8.05% | 8.55% |
15 months 1 day – 18 months | 8.10% | 8.60% |
18 months 1 day – 24 months | 8.15% | 8.65% |
24 months 1 day – 36 months | 7.90% | 8.40% |
36 months 1 day – 60 months | 7.70% | 8.20% |
60 months 1 day – 120 months | 7.50% | 8.00% |
Note: The data is as of July 16, 2025
DCB Bank Fixed Deposits offer competitive interest rates that are particularly attractive in the 12-24 month tenure bracket, providing excellent returns for medium-term investors. The bank provides an additional interest rate of 0.50% per annum for senior citizens across all tenure buckets, making it especially beneficial for retired individuals seeking enhanced regular income.
The bank offers multiple interest payout options including monthly, quarterly, half-yearly, annual, and cumulative interest payments to suit different customer preferences and cash flow requirements. Depositors can avail loans against their fixed deposits up to 75% of the deposit value, providing essential liquidity during financial emergencies without necessitating premature withdrawal.
The Regular Fixed Deposit scheme is available to all resident individuals and offers competitive interest rates for tenures ranging from 7 days to 10 years. Investors can select from various interest payout frequencies including cumulative, monthly, quarterly, half-yearly, or annual options based on their income requirements and financial objectives.
This specialised scheme is designed exclusively for individuals aged 60 years and above, offering an additional 0.50% interest rate above the regular FD rates across all tenures. The enhanced returns provide senior citizens with a superior and stable regular income to comfortably meet their post-retirement expenses, healthcare needs, and other financial obligations.
DCB Bank's Tax Saver Fixed Deposit comes with a mandatory lock-in period of 5 years as per Income Tax regulations, with investments up to ₹1.5 lakh qualifying for tax deduction under Section 80C of the Income Tax Act, 1961. No premature withdrawals are permitted under this scheme except in case of the depositor's demise, and no loan facility is available against these deposits, ensuring strict compliance with the lock-in requirements.
In the Cumulative Fixed Deposit scheme, the interest is compounded quarterly and reinvested with the principal amount, resulting in a substantially higher maturity value compared to the initial investment due to the powerful effect of compounding. This option is perfect for investors who do not require regular interest income and are focused on long-term wealth accumulation for objectives like children's higher education, marriage expenses, or retirement planning.
The Non-Cumulative Fixed Deposit scheme is designed for investors who require regular income from their investments to meet ongoing expenses, with interest payout options available monthly, quarterly, half-yearly, or annually according to the depositor's preference. This scheme is especially beneficial for retirees, senior citizens, and other individuals who rely on their investments for regular cash flow to cover living expenses, medical costs, or other recurring financial commitments.
Short-term fixed deposits at DCB Bank cover tenures from 7 days to less than 1 year, offering interest rates ranging from 3.50% to 6.25% for regular customers and 4.00% to 6.75% for senior citizens. These deposits are ideal for investors seeking to deploy surplus funds for short durations while earning superior returns compared to regular savings accounts, without committing to extended lock-in periods.
Medium-term fixed deposits span tenures from 12 months to 24 months, offering the most attractive interest rates in DCB Bank's FD portfolio with regular customers earning up to 7.85% and senior citizens up to 8.35% for 18-24 month tenures. These deposits achieve an optimal balance between compelling returns and manageable commitment periods, making them suitable for planned future expenditures like children's education fees, vehicle purchases, or home improvements.
Long-term fixed deposits at DCB Bank cover tenures from 24 months 1 day to 10 years, with interest rates ranging from 7.20% to 7.60% for regular customers and 7.70% to 8.10% for senior citizens. These extended tenure deposits are appropriate for long-range financial objectives like retirement planning, intergenerational wealth transfer, or building a substantial corpus for significant life milestones.
| Tenure Range | Institution Name | Interest Rate Range (%p.a.) |
|---|---|---|
| 18 months 1 day – 24 months | 8.15› |
 | 1 year – 2 years | 7.25› |
 | 501 days – 2 years | 8.25› |
 | 1 year – 2 years | 8.00› |
 | 12 – 24 months | 8.25› |
Note: The data is as of July 16, 2025
Existing DCB Bank customers can invest in fixed deposits through the bank's secure internet banking portal by logging into their account using their designated user ID and password. Once authenticated, navigate to the 'Deposits' section and select the 'Open Fixed Deposit' option, which will present the various FD schemes available along with their current interest rates for different tenures.
After inputting all the necessary information, meticulously review the details presented on the confirmation screen, including the maturity date, applicable interest rate, interest payout frequency, and maturity amount to verify accuracy. Authorise the transaction using the preferred authentication method such as internet banking password or OTP received on your registered mobile number, following which the investment amount will be debited from your linked savings account.
To open a fixed deposit through the offline channel, visit your nearest DCB Bank branch and obtain a fixed deposit application form from the customer service desk or relationship manager. Complete the form thoroughly and precisely in block letters, furnishing all required personal details, KYC information, FD specifications (amount, tenure, type), interest payout frequency preference, and nominee details with appropriate percentage allocation if multiple nominees are designated.
Submit the duly completed application form along with self-attested copies of KYC documents (PAN card, Aadhaar card, address proof, and passport-sized photographs) to the bank representative at the counter. Execute the initial deposit through cash (subject to regulatory limits), cheque, or by transferring funds from your existing DCB Bank savings account, and secure an acknowledgement receipt for your application submission.
DCB Bank permits resident individuals, either singly or jointly, to open fixed deposit accounts, with joint accounts allowing up to three holders in accordance with the bank's policy and operational guidelines. Senior citizens aged 60 years and above are eligible for preferential higher interest rates across all FD schemes, while minors can open fixed deposits through their natural guardians or legal representatives with appropriate documentation and identification verification.
The eligibility extends to various non-individual entities including Sole Proprietorship firms, Partnership Firms, Limited Liability Partnerships (LLPs), Private and Public Limited Companies, Clubs, and Associations possessing valid registration and operational documents. Registered Trusts and Societies are also eligible to invest in DCB Bank fixed deposits, contingent upon submission of pertinent registration certificates, trust deeds, and operational documents validating their legal status and investment authority.
For identity verification, a PAN card is compulsory for all applicants opening fixed deposits with DCB Bank, alongside other valid identity proofs such as Aadhaar card, Passport, Voter ID card, or Driving Licence as per regulatory prerequisites and the bank's policy. Address proof can be substantiated through documents like Aadhaar card, Passport, utility bills (electricity, water, or gas connection bills not older than 3 months), property tax receipt, or bank account statements with recent transactions indicating the current address.
For non-individual entities, supplementary documents are requisite including Certificate of Incorporation/Registration, Memorandum and Articles of Association, Board Resolution authorising the investment and designating authorised signatories, and PAN card of the entity. Partnership firms need to provide the Partnership Deed and authorisation letter from all partners, while Trusts must furnish the Trust Deed, registration certificate, and resolution from trustees authorising the investment and specifying operational instructions.
The interest earned on DCB Bank Fixed Deposits is entirely taxable under the head "Income from Other Sources" pursuant to the Income Tax Act, 1961, and must be incorporated in the investor's total annual income, taxed according to their applicable income tax slab rate. The bank is obligated to deduct Tax Deducted at Source (TDS) at the rate of 10% if the aggregate interest income from all fixed deposits with the bank surpasses ₹40,000 in a financial year (₹50,000 for senior citizens as per recent revisions to the Income Tax Act).
Investors whose total income is beneath the taxable threshold can submit Form 15G (for individuals below 60 years) or Form 15H (for senior citizens aged 60 years and above) to the bank at the commencement of the financial year to prevent TDS deduction, provided they satisfy the stipulated conditions concerning total income and tax liability as per current regulations. For Tax Saver FDs, while the principal investment up to ₹1.5 lakh qualifies for deduction under Section 80C, the interest earned is taxable each year on accrual basis, signifying that tax liability emerges even though the interest is not received until maturity in cumulative options.
DCB Bank allows premature withdrawal of fixed deposits before the culmination of the agreed tenure, subject to the bank's specific terms and conditions and relevant penalties as indicated in the FD application form and account opening documents. The bank customarily imposes a penalty of 1.00% on the contracted interest rate for the period the deposit was maintained, meaning the investor obtains interest at a rate 1% inferior to the original rate for the actual duration the funds remained with the bank.
Log in to your DCB Bank internet banking account and proceed to the deposits section to access the fixed deposit application. Select your preferred FD type, tenure, and amount, then authenticate the transaction to immediately create your fixed deposit with digital receipt.
The minimum investment required to open a DCB Bank Fixed Deposit is ₹5,000 for most regular FD schemes. There is no maximum investment limit for these deposit schemes, permitting substantial investments.
DCB Bank offers flexible tenure options extending from 7 days to 10 years for regular fixed deposits. The Tax Saver FD has a fixed lock-in period of 5 years as per Income Tax regulations with no premature withdrawal facility.
Existing DCB Bank customers with active internet banking facilities can open digital FDs through their online banking accounts. New customers must initially complete the bank account opening process with comprehensive KYC documentation before accessing digital FD services.
The highest FD rate for regular customers is 8.15% for deposits of ₹2 crores and above with 18-24 months tenure. Senior citizens can earn up to 8.65% for comparable deposit amounts and tenure brackets with additional 0.50% interest.
Access the FD calculator on DCB Bank's official website and input your investment amount, tenure, and type to estimate your interest earnings and maturity value. Utilise this projection to evaluate your annual tax liability and strategise your Section 80C investments accordingly for optimal tax savings.
Choose cumulative FDs to leverage quarterly compounding and select medium-term tenures of 12-24 months which typically offer the highest interest rates in the bank's portfolio. Senior citizens should invariably avail of the additional 0.50% interest and avoid premature withdrawals to prevent penalty charges that diminish overall returns.
