Dbs Fixed Deposit
Deposit Details
- Dbs Fixed Deposit Interest
- Dbs Fixed Deposit Rate
- Dbs Fixed Deposit Rate For Senior Citizens
- Dbs Fixed Deposit Calculator
- Dbs Fixed Deposit Promotion
8 mths | 12 mths | 18 mths | |
---|---|---|---|
$1k to <$20k | 0.60% p.a. | 1.15% p.a. | 1.30% p.a. |
Enjoy 0.60% p.a. for 8 months fixed deposit
Interest rates are applicable for minimum placement amount of $1,000 and maximum amount of $19,999
- DBS Treasures Non-Resident Ordinary (NRO) account fixed deposit is ideal for you if you are an NRI but have sources of regular income in India such a rental property, general fixed deposits, pension, mutual fund dividends, etc. Interest earned on NRO account deposits is taxable as.
- With digibank by DBS, you can make your money grow! Apply for a deposit account right away. Tiering Amount Tenor; 1 month 3 month 6 month 9 month.
- Fixed deposit account for small business with higher returns, enhanced yields & improves company's overall liquidity. Open a DBS business banking account today.
Dbs Bank Ltd Fixed Deposit Interest Rates (as on 25 Feb 2021) As you know that a Fixed Deposit (FD) is an investment option offered by banks that gives you higher rate of interest than a regular savings account. By investing in an FD, you can achieve your financial goals comfortably due.
Interest rates for tenors of 8 months and below are applicable for all customers
Receive 1.30% p.a. for 18 months fixed deposit
Receive 1.15% p.a. for 12 months fixed deposit
Receive 0.95% p.a. for 9 months fixed deposit
Interest rates for tenors of 9 months and above are applicable only to rollover of existing placements at the same tenor
New placement may be made via iBanking or at any DBS branches
The DBS Fixed Deposit Account gives you the opportunity to maximise your savings with attractive interest, while keeping your funds secure
Click here to go to DBS website for more details about DBS Fixed Deposit Rate.
Historical Chart and Deposit Rates
* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure
DBS current highest fixed deposit rate is 0.60% p.a. for 8 months tenure with maximum deposit of $19,999.
There is currently no fixed deposit promotional rate for DBS Fixed Deposits. The current highest fixed deposit rate is a DBS board rate
The current Money Lobang National Average Fixed Deposit Rates for March 2021 is 0.46% p.a.
The average monthly highest fixed deposit rate for DBS since 2018 is 1.23% p.a.
DBS has not had any fixed deposit promotional campaigns
As you know that a Fixed Deposit (FD) is an investment option offered by banks that gives you higher rate of interest than a regular savings account. By investing in an FD, you can achieve your financial goals comfortably due to higher returns offered by it.
Dbs Bank Ltd FD provides an option to deposit lump sum amount for a specific period, ranging from 7 days to 10 years. You can choose any of the tenures offered by Dbs Bank Ltd FD according to your convenience and financial objective. As soon as you select the tenure and deposit the amount in Dbs Bank Ltd_ FD, it will start earning an interest based on the tenure of the deposit. Customer is allowed to deposit lump sum money into a fixed deposit only once into his FD account at the time of opening the account with the bank and afterwards he cannot deposit additional money in the same FD account.
You can also get tax benefits under section 80C of the Income Tax Act on an amount between Rs. 100 to 1.5 lakh by investing in Dbs Bank Ltd FD for a tenure of 5 years or more.
Following table provides you Dbs Bank Ltd FD Rates of various tenors. Also, given below is the facility/ option, through which you can calculate the interest rate and the maturity value of your Dbs Bank Ltd FD for different tenures by clicking on the 'calculate' button provided in the table.
Dbs Bank Ltd Fixed Deposit Interest Rates (as on 06 Mar 2021)
Maturity Period | Interest Rate (p.a.) | Calculate Interest Rate |
---|---|---|
30 Days | 3.00% | |
45 Days | 3.00% | |
60 Days | 3.00% | |
90 Days | 3.30% | |
120 Days | 3.45% | |
6 Months | 3.45% | |
9 Months | 4.00% | |
12 Months | 4.15% | |
2 Years | 4.35% | |
3 Years | 4.70% | |
4 Years | 4.90% | |
5 Years | 5.20% | |
10 Years | 5.20% |
Features & Benefits: Dbs Bank Ltd Fixed Deposit
- Competitive interest rates are offered with flexible FD tenures to suit your investment plan.
- FD account can be opened online or by visiting your nearest Dbs Bank Ltd branch.
- No cap on the Maximum Amount of FD
- FD Tenures: 7 days to 10 years
- Different interest payout options such as monthly, quarterly, etc.
- Loan/ Overdraft against FD facility is available upto 85% of the FD amount.
- Easy and fast liquidity options are available.
- Nomination facility is available.
- Tax benefit of amount up to Rs 1,50,000, through tax saving term deposit scheme
- Part withdrawal facility and auto-renewal facilities are also available
- Senior citizens can enjoy higher interest rate as compared to regular citizens
- NRE, NRO and FCNR deposit facility is offered by the bank
Who is Eligible for Dbs Bank Ltd Fixed Deposit
Any of the following persons is eligible to invest in fixed deposits (FD):
We have more than 10 different variants of for All Slots Casino working new bonus codes. For All Slots Casino there is large variety of deposit bonus codes, no deposit bonus codes, match promo codes, cashable promo codes, free spins voucher codes for both existing customers and new players. All Slots Casino Bonus Codes 2021. Such a name as “All Slots” can mislead new users. Don’t think that this game portal contains only slot machines. In fact, hundreds of other games will be available to all. Bonus codes for slots.lv. All Slots Bonus Codes, party casino 5 free spins 3, 25 no deposit bonus at royal ace 98, mistress of amazon slots slots. 100% up to $200 - Redeem it 5 times!T&C's apply Fair go Casino is a top online casino, custom made for Australian players and has awesome games and bonus offers 776. All Slots Casino Review & Bonus Codes Read this before playing at All Slots Casino By Iasmina Bunea updated: Everyone looking for an online gambling site could consider All Slots Casino as. Minimum deposit requirements: $/€/£10. Maximum redeem: $/€/£500. Open a new account at All Slots Casino and enjoy 100% match bonus for a first deposit of at least $/€/£10.
- Individual
- Minor
- HUF
- Proprietary Firm
- Partnership Firm
- Limited Liability Partnership (LLP)
- Company
- Association of Persons (AOP)
- Body of Individuals (BOI)
- Local Authority
- Trust
- Non-Resident Indian (NRI)
- Registered Society
Important Things to Know Before Investing in Fixed Deposits
- Always compare tenure-wise FD interest rates of different banks before finalizing the bank for opening an FD account, in order to get maximum interest rate on selected tenure.
- The tenure for most bank fixed deposits varies from 7 days to 10 years. You should choose the FD Tenure according to your convenience and objective behind investment.
- Opt for interest payout options such as monthly or quarterly, if required. Otherwise, choose cumulative option so that you can receive lump sum amount when FD gets matured.
- You can also avail loan or overdraft against FD, if you have immediate requirement of funds.
- If your annual income is non-taxable, you can submit Form 15G or Form 15H in order to avoid TDS.
- Don't forget to make nomination in your FD account.
- If you are a senior citizen then open your FD in a bank which offers extra interest of 0.25% to 0.75% to senior citizens.
- When you open fixed deposit online or offline, do not forget to give instructions on what to do on maturity of your FD. If you do not give any instruction, your fixed deposit will be renewed automatically on maturity.
Calculation of Interest on FD of Dbs Bank Ltd
Interest on FD for different tenures is calculated in following manner:
- Simple interest is paid at maturity for fixed deposit tenure of less than 6 months.
- Interest is calculated on a quarterly basis for fixed deposit tenure of 6 months & above.
- Cumulative Interest/ re-investment interest is calculated every quarter, and is added to the Principal such that Interest is paid on the Interest earned in the previous quarter as well.
- In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate
Dbs Bank Ltd FD Interest Calculator
Dbs Bank Ltd FD Interest Calculator is an online financial tool that allows you to calculate the maturity value of your fixed deposit at the interest rate offered by bank. The amount of FD, interest rate, deposit tenure and compounding frequency of interest together determine the maturity amount of the FD at the end of the tenure.
Automatic Renewal of Bank FD
Dbs Fixed Deposit Interest
Bank FD matures on specific date. On maturity, if you have not given any specific instructions such as payout or renewal of FD, most of the banks automatically renew the FD for the same period for which it was initially made at the interest rate prevailing on the date of maturity of FD. This is called Automatic Renewal of Bank FD.
You should choose the option on the account opening form, if you do not want the bank to auto renew your FD. You have 2 options on the account opening form while depositing money in FD, first one is auto renew and second one is deposit of amount to your account after maturity. In case you have not mentioned any option on the account opening form then you will need to visit the bank branch on maturity day of your bank FD and opt for credit of the final proceeds of your bank FD into your savings account if you do not want an auto renewal of your FD.
Bank FD News Mar 2021
13-01-2020: SBI revised FD interest rate
SBI has announced a cut in retail fixed deposits of FD rates. The latest FD rates on SBI deposits is effective from 10th January 2020. The bank has cut the FD rates by 15 bps on long-term deposits maturing in 1 year to 10 years. Now FD interest rate for 7 to 45 days is 4.50%, for 46 to 179 days is 5.50%, for 180 days to 1 year is 5.80% and for 1 year to 10 years is 6.10%.
09-01-2020: Axis Bank reduced FD interest rate
Axis Bank reduced interest rates by up to 20 bps from January 9. FDs for less than Rs 2 crore and with the tenor of less than 1 year will earn 6.40%, for the tenor of 5 years to up to 10 years, FD rates is 6.50%.
07-01-2020: HDFC Bank deposits up by 25% (YoY) in 2019
Dbs Fixed Deposit Rate
The largest private sector lender HDFC Bank's deposits up by 25% (YoY) in 2019. Its deposits are at Rs 10.67 trillion as of December 31, 2019 growing by 25% as compared to Rs 8.52 trillion as of December 31, 2018.
24-12-2019: HDFC Bank revised FD interest rate
The revised rate for FDs maturing in 9 months 1 day to less than 1 year will be 6.05%. Term deposits maturing in 1 year to 2 years will fetch an interest rate of 6.3%, 2-3 years 6.40%, and 3 years to 10 years 6.3%.
01-12-2019: PNB cuts off FD rates
Dbs Fixed Deposit Rate For Senior Citizens
With effect from December 1, 2019, FDs for less than Rs 2 crore and the tenor of 271 days to below 1 year will be 6% for general customers and 6.5% for senior citizens. For the tenor of 5 years to up to 10 years, PNB has FD rates of 6.3% for general customers and 6.8% for senior citizens.
12-11-2019: ICICI Bank reduces FD interest rate
The interest rates on ICICI Bank FD for less than Rs 2 crore and the tenor of 185 days to 289 days will be 5.75%, for 5 years to up to 10 years will be 6.40% and 6.9% for senior citizens. Its interest rates will be effective from December 7, 2019.
Public Sector Banks FD Interest Rates
Allahabad Bank | Andhra Bank | Bank Of Baroda |
Bank Of India | Bank Of Maharashtra | Canara Bank |
Central Bank Of India | Corporation Bank | Idbi Bank |
Indian Bank | Indian Overseas Bank | Oriental Bank Of Commerce |
Punjab National Bank | Syndicate Bank | Uco Bank |
Union Bank Of India | United Bank Of India | Vijaya Bank |
State Bank Of India | State Bank Of Mysore | State Bank Of Patiala |
State Bank Of Travancore | State Bank Of Bikaner And Jaipur | Punjab And Sind Bank |
Dbs Fixed Deposit Calculator
Private Sector Banks FD Interest Rates
Dbs Fixed Deposit Promotion
Axis Bank | Bandhan Bank Limited | Catholic Syrian Bank Limited |
City Union Bank Limited | Dcb Bank Limited | Dhanalakshmi Bank |
Federal Bank | Hdfc Bank | Icici Bank Limited |
Idfc Bank Limited | Jammu And Kashmir Bank Limited | Indusind Bank |
Karnataka Bank Limited | Karur Vysya Bank | Kotak Mahindra Bank Limited |
Laxmi Vilas Bank | The Nainital Bank Limited | Rbl Bank Limited |
South Indian Bank | Tamilnad Mercantile Bank Limited | Yes Bank |
Equitas Small Finance Bank Limited | Ujjivan Small Finance Bank Limited | Utkarsh Small Finance Bank |
Suryoday Small Finance Bank | Au Small Finance Bank Limited | Capital Small Finance Bank Limited |
Esaf Small Finance Bank Limited | North East Small Finance Bank Limited | Fincare Small Finance Bank Ltd |