Dhanlaxmi Bank NRI Account Interest Rate

Dhanlaxmi Bank NRI Account Interest Rate

Dhanlaxmi Bank Ltd. was incorporated in 1927 at Thrissur, Kerala by a group of ambitious and enterprising entrepreneurs.Over the 86 years that followed, Dhanlaxmi Bank with its rich heritage has earned the trust and goodwill of clients. It is due to our strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that we have grown from strength to strength. Be it in the number of customers, the scale of business, the breadth of our product offerings, the banking experience we offer or the trust that people invest in us. With more than 670 touch points across India at your service; our focus has always been on customizing services and personalizing relations 

NRE (All Maturities) (w.e.f 12.09.2013)Rates of Interest (% p.a)
1 Year (365 days)9.00
366 days to 374 days9.00
375 days9.25
376 days & above upto & inclusive of 2 years9.00
Above 2 years upto & inclusive of 3 years9.00
Above 3 years upto 1099 days9.50
1100 days10.10
1101 days & above upto & inclusive of 5 years9.50
Above 5 years upto & inclusive of 10 years9.50

  • No interest will be paid on term deposits that have remained with the bank for less than the minimum period prescribed.
  • For interest rates on Domestic, NRE and NRO Deposits of Rs 1 crore and above, please contact your branch.
FCNR (B) (w.e.f 01.10.2013)
 1 year &above 
but < 2 years
2 years & above 
but < 3 years
3 years & above 
but < 4 years
4 years & above 
but < 5 years
For 5 years 
(Maximum)

Rates of Interest (% p.a)

i) USD2.632.484.775.165.53
ii) GBP2.872.835.125.445.71
iii) EUR2.472.574.775.005.24
iv) CAD3.493.475.736.016.24
v) AUD4.524.797.087.397.61
RFC (w.e.f 01.10.2013)
 6 months and above but less than 1 year 
1 years & above 
but less than 2 years
2 years & above 
but less tahn 3 years
3 years

Rates of Interest (% p.a)

i) USD2.372.632.484.77
ii) GBP2.592.872.835.12
iii) EUR2.262.472.574.77


LOANS – THE BASE RATE OF THE BANK IS 11.25% p. a. WITH EFFECT FROM 02 NOVEMBER 2011. THE BENCHMARK PRIME LENDING RATE (BPLR) OF THE BANK IS 21% p. a. WITH EFFECT FROM 02 NOVEMBER 2011.   
LOANS

1. Housing Loan
Housing LoanRate of InterestProcessing Charges
Interest rate for purchase of house property/Flats/Construction cases.1% + Service Tax
Maximum Loan to value 90% for loan amount upto  Rs.20 lacs and Loan to value of 80% for loan amount above Rs.20 lacs
Loan amount upto Rs.35 lacsBase rate+0.25% ie., 11.50% Fixed for one year.  After one year Floating rate fixed by the Bank.(or)
Base rate+0.75% ie., 12.00% Floating linked to Base rate
Loan amount above Rs.35 lacsBase rate+0.75% ie., 12.00% Fixed for one year.  After one year Floating rate fixed by the Bank.
(or)
Base rate+1.25% ie., 12.50% Floating linked to Base rate.
For other categories
Tenor of the loanRate of interest
Loan upto Rs.25 lacsUpto 5 yearsBase rate+0.50% ie., 11.75% floating
Above 5 yearsBase rate+0.75% ie., 12.00% floating
Loan Amount  above Rs.25 lacsUpto 5 yearsBase rate+0.75% ie., 12.00% floating
Above 5 yearsBase rate+1.25% ie., 12.50% floating
2. Car Loans
Car LoansRate of interestProcessing charges
For new vehicle:With LOAN TO VALUE of 80% on onroad cost
Base rate+0.75% ie., 12.00% FixedWith LOAN TO VALUE of 90% on onroad cost
Base rate+1.25% ie., 12.50% Fixed
1% + Service Tax
For Pre owned car
Base rate+2.75% ie., 14% Fixed

Education Loan
Education loanRate of InterestProcessing charges
With Interest Subsidy: Base rate+2.00%
Without interest subsidy: Base rate + 3.75%
1% + Service Tax

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