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DCB Bank FD Calculator

FD Calculator DCB Bank in India Aug 2019

Tenure Rates Maturity Amount for Rs. 1 Lakh
7 days to 14 days 5.50% to 6.00% Rs. 100,105 - Rs.100,230
15 days to 45 days 5.75% to 6.25% Rs. 100,236 - Rs.100,771
46 days to 90 days 6.25% to 6.75% Rs. 100,788 - Rs.101,664
91 days to 179 days 6.50% to 7.00% Rs. 101,621 - Rs.103,462
6 months to 364 days 7.00% to 7.50% Rs. 103,531 - Rs.107,692
12 months to 14 months 29 days 7.40% to 7.90% Rs. 107,608 - Rs.110,244
15 months to 23 months 29 days 7.80% to 8.30% Rs. 110,138 - Rs.117,825
24 months 1 day to 35 months 29 days 7.50% to 8.00% Rs. 116,046 - Rs.126,791
36 months 1 day to 60 months 7.75% to 8.25% Rs. 125,922 - Rs.150,426
60 months 1 day to 120 months 7.75% to 8.25% Rs. 146,815 - Rs.226,281
36 months 8.00% to 8.50% Rs. 126,824 - Rs.128,702
24 months 7.50% to 8.00% Rs. 116,022 - Rs.117,166

Calculate FD Maturity Amount of All Banks in India

DCB Bank FD Maturity Calculator
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DCB Bank Fixed Deposit Calculator

DCB Bank, a leading Private Bank in India offers attractive interest rates upto 8.00% on its fixed deposits.
FD maturity amount that you will get depends upon

  • Deposit amount
  • Rate of interest
  • FD tenure
  • Compounding frequency
  • TDS applicability and TDS rate

DCB Bank Fixed Deposit Interest Calculator

  • In a periodic interest payout option, DCB Bank would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.
  • In case you opt for a DCB Bank cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS.
  • Calculate the FD maturity amount using the FD calculator.

Tax on Fixed Deposit DCB

  • In case the interest earned by you across all your fixed deposits across all branches of DCB Bank in a year exceeds 10,000, the bank must deduct TDS at 10.3%. In case your IT PAN is not updated in the DCB Bank records, it must deduct twice the TDS at 20.6%. So, do remember to update your PAN on your FD.
  • Sorry, but we aren’t done with tax yet. This was only the TDS. Now, you would need to add the interest income on all your DCB Bank FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March).
  • DCB Bank will also issue you a Form 16A giving details of tax deducted on FD interest and tax deposited by it with government treasury. The TDS amount deposited by the bank with Income Tax Department can be verified in your 26AS statement available online on IT department website or through your net banking account. You can claim credit for the TDS amount in your annual Income Tax Return.

DCB Bank FD interest rate calculator – Check your city

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • To know more or apply, contact any of the branches of DCB Bank in your city

Frequently Asked Questions on FD Calculator DCB Bank

What is the highest interest earned on DCB Bank fixed deposit?

You can earn a maximum interest of 8.00% on DCB Bank fixed deposit.

Are there any extra benefits for senior citizens on fixed deposit of DCB Bank ?

Yes, senior citizens get extra benefit of 0.5% interest rates on their FD in DCB Bank.

*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
Earn upto 8.95% Return