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 16/11/2022 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 10/11/2020) |
|
1 |
46 days to 90 days | 5.00% |
| 2 | 91 days to less than 1 year | 6.00% |
| 3 | 1 year or more & but till 554 days | 6.50% |
| 4 | 555 days | 7.05% |
| 5 | 556 days or more but till 776 days | 6.60% |
| 6 | 777 days | 7.15% |
| 7 | 778 days or more & less than 3 years | 6.70% |
| 8 | 3 years or more & less than 5years | 6.70% |
| 9 | 5 years or more & less than 10 years | 6.70% |
Note:-
Saving Bank Deposit (On Daily Basis):- 3.75 %
Important Note:
- For DCB Bank Staff will be paid 01% more interest on their deposits for any time period.
- Senior citizens will be paid 0.50%t more interest on their deposits 10,000.00 or more for time period minimum 1 year.
For more details,please contact the Lakhimpur District Co-Operative Bank Ltd. nearest Branch.
