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 days | 9.00 |
| 375 days | 9.25 |
| 376 days & above upto & inclusive of 2 years | 9.00 |
| Above 2 years upto & inclusive of 3 years | 9.00 |
| Above 3 years upto 1099 days | 9.50 |
| 1100 days | 10.10 |
| 1101 days & above upto & inclusive of 5 years | 9.50 |
| Above 5 years upto & inclusive of 10 years | 9.50 |
|
| 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) USD | 2.63 | 2.48 | 4.77 | 5.16 | 5.53 |
| ii) GBP | 2.87 | 2.83 | 5.12 | 5.44 | 5.71 |
| iii) EUR | 2.47 | 2.57 | 4.77 | 5.00 | 5.24 |
| iv) CAD | 3.49 | 3.47 | 5.73 | 6.01 | 6.24 |
| v) AUD | 4.52 | 4.79 | 7.08 | 7.39 | 7.61 |
| 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) USD | 2.37 | 2.63 | 2.48 | 4.77 |
| ii) GBP | 2.59 | 2.87 | 2.83 | 5.12 |
| iii) EUR | 2.26 | 2.47 | 2.57 | 4.77 |
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 Loan | Rate of Interest | Processing 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 lacs | Base 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 lacs | Base 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 loan | Rate of interest | |||
| Loan upto Rs.25 lacs | Upto 5 years | Base rate+0.50% ie., 11.75% floating | ||
| Above 5 years | Base rate+0.75% ie., 12.00% floating | |||
| Loan Amount above Rs.25 lacs | Upto 5 years | Base rate+0.75% ie., 12.00% floating | ||
| Above 5 years | Base rate+1.25% ie., 12.50% floating | |||
| 2. Car Loans | ||
| Car Loans | Rate of interest | Processing 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 loan | Rate of Interest | Processing charges |
| With Interest Subsidy: Base rate+2.00% Without interest subsidy: Base rate + 3.75% | 1% + Service Tax | |