Business Fixed Deposit Account | Term Deposit | DBS SME Banking India

Fixed Deposit Account

Maximise your returns with Asia’s safest bank

Maximise your returns with Asia’s safest bank

At a Glance

Enjoy enhanced yields, higher returns and improved liquidity with a DBS Fixed Deposit Account.

Your funds are secure with DBS; voted by Euromoney as the Safest bank in Asia from 2009 to 2019

Choose from a flexible range of tenures, ranging from seven days to five years. You can open an account for as little as INR 10,000.

Schedule a callback via this online form.

Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500

FAQs

	Can I withdraw my Fixed Deposit before its maturity date?
	Yes. However, early withdrawals will attract a 1% penalty fee and may result in you receiving less than the principal amount and a significantly reduced rate of interest than originally agreed. As such, you should consider making an early withdrawal carefully.

	Can I place a Fixed Deposit without opening a Fixed Deposit Account?
	You will need a Fixed Deposit Account to place a Fixed Deposit.

	Where can I find DBS' Fixed Deposit rates?
	Please see our rates here.

	What is the cut-off time to place a Fixed Deposit with DBS?
	Our daily cut-off time is 4 pm.

	Do I need to submit a new set of account opening documents to open a Fixed Deposit Account if I already have a DBS Business Account?
	Yes, however you do not need to complete the full set of documents. Please visit us at any of our Branches and we will arrange for a Relationship Manager to assist you with your application.

	When will I receive the Fixed Deposit Advice?
	The Fixed Deposit Advice will be sent to you within three to four working days from the date when your tenure begins.