The DCB Bank has once again introduced its ‘Suraksha Fixed Deposit’ Scheme in the midst of the merry season. The DCB Bank Suraksha Fixed Deposit plan is accessible for a 3-year FD and since it accompanies an Life Insurance cover, it gives security to contributors as well as their wards. The DCB Bank said in a proclamation that the Suraksha Fixed Deposit conspire offers a higher yearly interest rate of 7.10 percent on a three-year deposit.
The life coverage covers will be either equivalent to the proper deposit sum or a most extreme up to Rs 10 lakh in the event that the decent store sum is more noteworthy than Rs 10 lakh. The bank said that an investor won’t be charged for the protection inclusion. Since the protection cover is being offered clubbed with the FD, no clinical trial will be expected for the financial backers.
The bank made sense of that the life coverage cover is accessible with a term of three years and is legitimate from 18 years old till the contributor turns 55.
DCB said that even Non-Occupant Indians can likewise put resources into this.
DCB Bank FD Rates
Nonetheless, to put resources into the DCB Bank Suraksha Fixed Deposit Scheme, they will be offered a higher interest rate of 7.6 percent that yields a yearly return pace of 8.05 percent and 8.45 percent individually north of three years tenor.
The bank offers 7.10 percent per yearly interest rate on FD for 700 days or 3 years and the stores yield 7.49 percent or 7.84 percent every year.
