Current interest rates are available online for the following:
Resident Indians & NRO Term Deposits Interest Rates* p.a. with effect from 27th June,2009
Maturity Period Single Deposit of:
Less than Rs.15 lacs Rs.15 lacs to Rs. 50 lacs
14 days 3.00% 3.00%
15 days to 45 days 4.00% 4.00%
46 days to 120 days 5.75% 5.75%
121 days to < 6 months 6.25% 6.25%
6 months to < 1 year 7.50% 7.50%
1 year (365 days) 8.00% 8.00%
> 1 year to 3 years 8.00% 8.00%
> 3 years to 10 years 8.00% 8.00%
*For interest rates on Fixed Deposits for Rs.50 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 at the time of booking term deposit will be treated as a senior citizen and would be eligible for additional interest of 0.50% above the existing rates (Not Applicable for NRO Deposits).
 


Non Residential (External) Term Deposit (with effect from July,1st,2009 )
Term Interest (% per annum)
1 year to less than 2 years 3.35%
2 years to less than 3 years 3.27%
3 years only 3.87%


Foreign-Exchange rate schedule for spot transactions (valid for transactions upto Rs. 2,00,000.00 equivalent in any currency . Rates updated on 03-07-2009)
TT Bills TC CN
Units Currency Sell Buy Sell Buy Sell Buy Sell Buy
1USD48.3147.9248.4047.8749.1046.4049.1046.40
1EUR67.9466.6068.0666.5368.4064.1568.4064.15
1GBP79.3578.1779.5178.0979.9075.8079.9075.80
100JPY50.5149.7650.6149.7151.0047.4551.0047.45
1CHF44.6143.9444.7043.9044.9042.1044.9042.10
1DKK9.108.979.128.960000
1NOK7.567.447.577.440000
1SAR13.0912.5713.1112.560000
1AUD38.6837.9138.7537.8839.1036.7039.1036.70
1CAD41.7641.1441.8541.1042.2538.8042.2538.80
1AED13.2013.0013.2212.990000


Foreign Currency Deposit Interest Rates (FCNR Deposit Interest Rates valid from July,1st,2009 )
Currency 1 yr & above but less than 2 yrs 2 yrs & above but less than 3 yrs 3yrs
USD2.60%2.52%3.12%
GBP2.69%-%-%
EUR2.50%-%-%
* 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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