Suraksha Fixed Deposit Scheme by DCB Bank

Usually a bank tries to attract customers by paying more interest. But this time DCV Bank has also announced to give free insurance in addition to giving record breaking interest of three years FD.

This insurance can be taken up to a maximum of Rs 10 lakh. Although the bank has not mentioned anything like the last date for this particular FD scheme, but it may be closed if more deposits are received.

First Know How to Get This Free Insurance

DCB Bank has announced that it will also provide insurance cover along with higher interest. The bank has named this FD scheme as Suraksha Fixed Deposit.

This is a 3 year FD scheme, in which interest will be given at 7.10% at present. Along with this, the people who will get FD of Rs.

However, this limit will be up to a maximum of Rs 10. That is, if someone gets an FD of Rs 1 lakh, then he will be given an insurance cover of Rs 1 lakh.

On the other hand, if someone gets an FD of Rs 10 lakh, then he will be given an insurance cover of Rs 10 lakh.

This Scheme Has Been Launched on the Festive Occasion

DCB Bank has launched its special FD scheme on this festive occasion. The bank is not charging any fee on the insurance given on this FD. Those who get FD will get this insurance only for 3 years.

Who Can Get This FD Done

Anyone from 18 years to 55 years can take advantage of this FD in the bank. For this the person must have PAN.

Non-Resident Indians (NRIs) can also take advantage of this FD scheme.

Know How Much Interest Will Be Given to Senior Citizens

In this special FD scheme, where the bank will give 7.10 percent interest to the general citizens, the senior citizens will be given this rate of 7.60 percent.