FD Interest Rates

Not so long ago, a fixed deposit was the default investment option for most Indian families. Over the years, It has earned investors’ trust because it offers a high degree of safety and predictable returns.

Invest in our fixed deposit to get higher returns with Asia’s safest bank, at a fixed rate throughout the tenure.

DBS Bank offers the below fixed deposit interest rates*:

Rates w.e.f. 23^rd February, 2023

Tenor	Regular	Senior Citizen
7 days	2.50%	2.50%
8 days & up to 14 days	2.75%	2.75%
15 days & up to 29 days	2.75%	2.75%
30 days & up to 45 days	2.75%	2.75%
46 days & up to 60 days	2.75%	2.75%
61 days	3.25%	3.25%
62 days & up to 90 days	3.00%	3.00%
91 to 180 days	3.00%	3.00%
181 to 269 days	4.75%	5.25%
270 to less than 1 year	4.75%	5.25%
1 year to 375 days	6.25%	6.75%
376 days to 540 days	7.25%	7.75%
541 days to 599 days	7.25%	7.75%
600 days	7.25%	7.75%
601 days to less than 2 years	7.25%	7.75%
2 years to less than 2 years & 6 months	7.25%	7.75%
2 years & 6 months	7.25%	7.75%
2 years 6 months 1 day & less than 3 years	7.50%	8.00%
3 years and less than 4 years	6.50%	7.00%
4 years to less than 5 years	6.50%	7.00%
5 years and above	6.50%	7.00%

*Rates are subject to change at DBS Bank’s discretion. Please click here for the latest information.

Notes:

W.e.f 3rd September 2021, Preferential rate of 50bps will be provided to Resident senior citizen on FD bookings < INR 2 Cr.
Senior Citizen preferential rate is applicable only for domestic term deposits. Senior citizen preferential rate benefit is not applicable for NRO and NRE term deposits.
Preferential rate will be applicable for tenure of 181 days and above.
Pref rate will only apply for FD booking by individuals. For Non individual FD booking (e.g. HUF) no preferential rate is applicable.

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How Interest on Fixed Deposit is Calculated

Various factors like the amount invested, duration of the FD, rate of interest and computation frequency play a role in the interest you earn on your fixed deposit. Though you needn't worry about complex calculations, you still need to know your fixed deposit's interest rate to estimate how much you've accumulated over the tenure. In fact, we have a unique interest fixed deposit calculator coming soon! You can view this information when you invest through our digbank by DBS app.