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.
Rates w.e.f. 10th July, 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 |
4.00% |
4.00% |
30 days & up to 45 days |
2.75% |
2.75% |
46 days & up to 60 days |
2.75% |
2.75% |
61 days |
4.50% |
4.50% |
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:
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.
Follow these steps to apply for our DBS Bank fixed deposit products:
If you’re using the digibank mobile app
Login to your digibank account
Go to the navigation menu and tap on "Deposits"
Under Deposits, select "Fixed Deposit"
Follow instructions to begin investing
If you’re using digibank ibanking website
Login in and click on "Deposits" in the navigation menu
Then click on "Open New Deposit" to start investing
Open your digibank savings account in just a few minutes.
A fixed deposit is considered as the safest and most reliable investment option available in the market. The interest rate we offer makes it an ideal choice for you to make the most of your savings.
When you choose to 'Reinvest on Maturity', it means that you have given instructions to create a new deposit on the maturity of your current deposit. The entire amount (your original investment and the interest you have earned) will be reinvested.
To view our latest interest rates, visit the 'Fixed Deposits' section on our digibank by DBS app or log in to ibanking. Alternatively, click here to view the detailed rate table.
To find out how much interest you've earned on your FD, visit "Deposits (FD)" section of the digibank app.
The interest on your Fixed Deposit is credited to your account on maturity or withdrawal. However, if you withdraw prematurely, you will get the prevailing interest rate.