Current interest rates are available online for the following:
Resident Indians & NRO Term Deposits Interest Rates* p.a. with effect from February 18th, 2008
Maturity Period Single Deposit of:
Less than Rs.15 lacs Rs.15 lacs & above to less than Rs. 50 lacs Rs.50 lacs & above to less than Rs. 100 lacs
14 days 3.00% 3.00% 3.00%
15 days to 30 days 4.25% 4.50% 4.75%
31 days to 45 days 5.50% 5.75% 6.00%
46 days to 90 days 6.25% 6.25% 6.50%
91 days to < 5 months 7.00% 7.25% 7.25%
5 months to 9 months 8.00% 8.25% 8.25%
9 Months 1 day to less than 18 months # 8.30% 8.30% 8.30%
12 months 4 Days 9.00% 9.00% 9.00%
18 months to less than or equal to 3 years 8.30% 8.30% 8.30%
3 years 1 day to 10 years 8.30% 8.30% 8.30%
*For interest rates on Fixed Deposits for Rs.100 lacs and above, please contact your nearest DCB branch. Interest rates are subject to revision without prior notice.The Bank at its sole discretion, may allow premature encashment of the deposit subject to the penalty provision.
A person who has completed the age of 60 years will be treated as a senior citizen and would be eligible for additional interest of 0.5% above the existing rates. (subject to a maximum of 9.00%)
# 12 months 4 days not included.


Non Residential (External) Term Deposit (with effect from April,1st 2008 )
Term Interest (% per annum)
1 year to less than 2 years 2.49%
2 years to less than 3 years 2.50%
3 years only 2.81%


Foreign-Exchange rate schedule for spot transactions (valid for transactions upto Rs. 2,00,000.00 equivalent in any currency . Rates updated on 14-05-2008)
TT Bills TC CN
Units Currency Sell Buy Sell Buy Sell Buy Sell Buy
1USD42.4942.1642.5842.1143.3040.8543.3040.85
1EUR66.0764.7666.1864.6966.5062.4066.5062.40
1GBP82.9381.6983.0981.6183.5079.1583.5079.15
100JPY40.7040.1040.7940.0641.1538.2041.1538.20
1CHF40.4539.8540.5339.8140.7538.1540.7538.15
1DKK8.838.708.858.690000
1NOK8.418.298.438.280000
1SAR11.5111.0611.5311.050000
1AUD40.0939.3040.1639.2640.5038.0540.5038.05
1CAD42.4441.8142.5341.7742.9539.4542.9539.45
1AED11.6111.4411.6311.430000


Foreign Currency Deposit Interest Rates (FCNR Deposit Interest Rates valid from April,1st 2008 )
Currency 1 yr & above but less than 2 yrs 2 yrs & above but less than 3 yrs 3yrs
USD1.74%1.75%2.06%
GBP5.09%-%-%
EUR3.98%-%-%
* Interest rates are subject to change from time to time. Applicable rates
* will be given as on the date of receipt of the funds by the bank


Penalty for Premature Closure of Deposits
Size of Deposit 7 - 13 days 14 - 29 days 30 days & above
Less than 15 Lacs No Interest 0.50% less than the applicable rate 0.50% less than the applicable rate
15 Lacs to less than 10 Crores No Interest No Interest 2% less than the applicable rate
10 Crores and above No Interest No Interest 3% less than the applicable rate


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