Fixed Deposit Rates in Development Credit Bank

If deposit term is 7-13 days, no interest will be paid on premature withdrawal. If deposit term is 14-29 days and deposit amount is less than 15 lacs, interest of 0.5% less than applicable rate will be paid. If deposit term is 14-29 days and deposit amount is more than 15 lacs, no interest will be paid. If deposit term is 30 days and above and deposit amount is less than 15 lacs, interest of 0.5% less than applicable rate will be paid. If deposit term is 30 days and above and deposit amount is more than 15 lacs but less than 10 crores, interest of 2% less than applicable rate will be paid.