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Economic Times
7 hours ago
- Business
- Economic Times
Get FD interest rate up to 7.95%: This bank has revised FD interest rates
ET Online FD interest rate up to 7.95% DCB Bank has revised interest rates on its fixed deposits (FD) for deposits less than Rs 3 crore across various tenures. The new rates are effective for both general and senior citizens. After revision, the FD interest rate for fixed deposits done through DCB Bank ranges from 3.75% to 7.20% for regular customers, while senior citizens can earn between 4.00% and 7.70%, and those in the Senior Citizens Plus (70 years & above) category can get up to 7.95%. These rates are effective from August 15, 2025. Highest interest rate on DCB Bank FDs The highest FD interest rate is offered for a tenure of 27 to less than 28 months, where general customers earn 7.20%, senior citizens earn 7.70%, and Senior Citizens Plus (Senior Citizen Plus rates are applicable for residents aged 70 years & above) customers get 7.95%. Also read: HDFC Bank customers alert: Key services to remain unavailable on August 22, 2025 and August 23, 2025 Deposit Interest Rate (% p.a.) - Single Deposit of less than ₹ 3 Crore Tenure General Senior Citizens Senior Citizens Plus Deposit Interest Rate Age: 60 years to less than 70 years (% p.a.) Age: 70 years & above (% p.a.) (% p.a.) 7 days to 45 days 3.75% 4.00% 4.00% 46 days to 90 days 4.50% 4.75% 4.75% 91 days to less than 6 months 4.75% 5.00% 5.00% 6 months to less than 10 months 6.00% 6.25% 6.25% 10 months to less than 12 months 6.50% 6.75% 6.75% 12 months to less than 15 months 6.90% 7.15% 7.15% 15 months to less than 16 months 7.00% 7.50% 7.75% 16 months to less than 27 months 6.90% 7.15% 7.15% 27 months to less than 28 months 7.20%Highest 7.70%Highest 7.95%Highest 28 months to 60 months 7.00% 7.25% 7.25% More than 60 months to 61 months 7.20% 7.70% 7.70% More than 61 months to 120 months 7.00% 7.25% 7.25% Source- Bank website Premature closure of a fixed deposit According to the DCB Bank website, 'For premature closure of a deposit, the interest rate (applicable rate) prevailing on the date of the deposit, for the period the deposit has remained with the Bank, shall be payable, subject to TDS, as applicable. Premature closure of a deposit may be additionally subject to penal interest, deductible from the applicable rate, as prescribed by the bank on the date of deposit.' Deposit Amount Penal Interest Less than Rs 3 crore 0.50% Rs 3 crore and above 2.00% No interest is payable on deposits of less than Rs 3 crore if closed before completion of 14 days. N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Economic Times
08-08-2025
- Business
- Economic Times
Latest Canara Bank FD interest rates: Highest returns, penalty rules, and savings account rates
ET Online Canara bank FD interest rates Canara Bank has revised its fixed deposit (FD) and savings account interest rates, with the new rates effective from August 8, 2025, for FDs, and August 1, 2025, for savings accounts. The fixed deposit rate reduction applies to deposits less than Rs 3 crore. Following the revision, interest rates on callable fixed deposits now range between 3.25% and 6.5% for general customers, and between 3.25% and 7% for senior citizens for deposits below Rs 3 crore. Axis Bank launches new feature 'Lock FD' to curb digital fraud; here's how to activate it Term Deposits (All Maturities) General Public Senior Citizen Rate of Interest (% p.a.) Rate of Interest (% p.a.) # 7 Days to 45 Days 3.25 3.25 46 Days to 90 Days 4.25 4.25 91 Days to 179 Days 4.5 4.5 180 Days to 269 Days 5.5 6 270 Days to less than 1 Year 5.75 6.25 1 Year & above to 1 year 3 months Only 6.25 6.75 444 Days 6.5 7 Above 1 Year 3 months to less than 2 Years 6.25 6.75 2 Years & above to less than 3 Years 6.25 6.75 3 Years & above to less than 5 Years 6.25 6.75 5 Years & above to 10 Years 6.25 6.75 Penalty for premature withdrawal A penalty of 1% will be charged for premature closure, partial withdrawal, or premature extension of Domestic/NRO term deposits below Rs 3 crore, for deposits accepted or renewed on or after March 12, 2019. Canara Bank savings account interest rate Canara Bank savings account interest rate range between 2.55% and 4% depending on the savings account balance. .No. Slabs ROI(%) 1 For outstanding Balance of less than Rs. 50 Lakh 2.55% 2 For outstanding Balance of Rs. 50 Lakh to less than Rs 5 Cr 2.55% 3 For outstanding Balance of Rs. 5 Cr to less than Rs 10 Cr 2.55% 4 For outstanding Balance of Rs. 10 Cr to less than Rs 100 Cr 2.55% 5 For outstanding Balance of Rs. 100 Cr to less than Rs 200 Cr 2.65% 6 For outstanding Balance of Rs. 200 Cr to less than Rs 300 Cr 2.65% 7 For outstanding Balance of Rs. 300 Cr to less than Rs 500 Cr 3.10% 8 For outstanding Balance of Rs. 500 Cr to less than Rs 1000 Cr 3.40% 9 For outstanding Balance of Rs. 1000 Cr & less than Rs. 2000 Cr 3.55% 10 For outstanding Balance of Rs. 2000 Cr & above 4.00% N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Economic Times
08-08-2025
- Business
- Economic Times
Ladli Behna Yojana instalment amount increased to Rs 1,500: How to check Ladli Behna Yojana instalment status
ET Online Ladli behena Yojana Ahead of the festive season, the Madhya Pradesh Chief Minister Mohan Yadav declared that the monthly assistance under the Ladli Behna Yojana will be increased to Rs 1,500 starting from the upcoming Bhai Dooj. He assured beneficiaries that this raise will continue consistently. The objective of the scheme is economic self-reliance of women, continuous improvement in their health and nutrition level and strengthening their role in family decisions. Has RBI directed banks to stop disbursing Rs 500 notes from ATMs by September 30, 2025? Here is what government said On August 7, 2025 CM Mohan Yadav transferred the 27th instalment of the Ladli Behna Yojana, Rs 1,250, along with Rs 250 as a Raksha bandhan gift, totaling Rs 1,500 per sister, to the accounts of over 1.26 crore sisters. How to check Ladli Behna Yojana instalment status? Step 1: Go to official website, Step 2: Click on the 'Application Status' or 'Payment Status' linkStep 3: Enter your application number or Samagra ID and registered mobile 4: An OTP will come on your mobile number, verify 5: After this, you will see the status of your payment. What is the eligibility criteria for beneficiaries under the scheme?All married women (including widows, divorced and deserted women) who are local residents of Madhya Pradesh and born after 01 January 1961 but till 01 January 2000 and do not fall in the category of ineligibility mentioned in the scheme will be eligible to apply in the year 2023. Is there any limit on family income under the scheme? Yes, women whose family's combined annual income is more than Rs 2.5 lakh will be ineligible under the scheme. Will I get the benefit of the scheme even if I am an income tax payer? No, if any member of the applicant's family is an income tax payer, then she will be ineligible under the scheme. Is an unmarried applicant eligible for the scheme? No, the scheme is only for married/divorced/widow/abandoned women. What is meant by an Aadhaar linked DBT enabled bank account? Aadhaar linked DBT enabled bank account means linking of bank account with Aadhaar of the applicant and transfer of amount to the bank account through Aadhaar number only. How can the applicant enable Aadhaar linked DBT of her bank account? After the applicant goes to her bank branch or the authorized kiosk of the said bank and fills the consent form for linking the bank account with Aadhaar and enabling DBT, her account is linked to Aadhaar and DBT is enabled after the banking e-KYC verification of the applicant by the bank branch or the authorized kiosk of the said bank. N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Economic Times
30-07-2025
- Business
- Economic Times
More than 8 lakh people got unclaimed deposits back from bank via UDGAM: Steps to check unclaimed deposits
Getty Images Unclaimed deposits In India, balances in savings, current accounts and term deposits that remain inoperative for ten years and are not claimed within ten years from the date of maturity, are classified as unclaimed deposits by all banks and subsequently banks transfer the amount to the Depositor Education and Awareness (DEA) fund maintained by Reserve Bank of India (RBI). RBI has taken various steps to identify and return such unclaimed deposits to the account holder or nominee or legal heirs in reclaiming their unclaimed deposits. As per the government's response in Lok Sabha, the Reserve Bank of India (RBI) has launched a centralised web portal called UDGAM (Unclaimed Deposits – Gateway to Access Information) for public use. As of July 1, 2025, a total of 8,59,683 users had registered and accessed the UDGAM portal. This platform allows registered users to search for unclaimed deposits or amounts across multiple banks in one place, offering a convenient and centralised solution. Banking charges: Govt banks earned this amount from online services; check details What is UDGAM portal? UDGAM refers to Unclaimed Deposits-Gateway to Access inforMation, which is an online portal developed by RBI. It facilitates registered users to search unclaimed deposits/accounts across multiple banks at one place in a centralised manner. How to check for bank wise unclaimed deposits Steps to check your unclaimed deposits Step 1: Login using 2: After login, to search deposits pertaining to individuals, user needs to select 'individual tab'.Step 3: Under the search for unclaimed deposits, enter name of account holder, bank name and at least one input from the following five input fields for search i.e. PAN, voter-ID, driving license, passport number and date of birth (DoB). Then click Search for portal fetches the details from the bank selected by the user. The details would then be displayed in a smart grid called to the UDGAM Portal, 'The output fields displayed as results on the screen would be the Name of the Account holder, Place, Name of the bank and Unclaimed Deposit Reference Number (UDRN) of an account/ deposit. (ii) To view the Place and the UDRN, please click on the respective record. The Name of the bank displayed in the Results has a hyperlink. (iii) On clicking the hyperlink (Name of the bank), the user will be taken to the respective banks' webpage, where the detailed instructions of the bank with regard to the process of claiming the unclaimed deposits / activating the unclaimed deposit is provided' N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
Economic Times
16-07-2025
- Business
- Economic Times
SBI, Kotak Bank scheduled maintenance: UPI, net banking, NEFT services to be temporarily unavailable on these days
ET Online Kotak and SBI Bank downtime Customers of State Bank of India (SBI) and Kotak Mahindra Bank should note that these banks have announced scheduled maintenance activities this week during which several key digital banking services will be temporarily unavailable. The affected services include Unified Payments Interface (UPI), Immediate Payment Service (IMPS), YONO, Retail Internet Banking (RINB), Automated Teller Machine (ATM) services, National Electronic Funds Transfer (NEFT), and Real-Time Gross Settlement (RTGS) will be temporarily unavailable from between 1 AM and 2 AM on July 16, 2025. However, during the said period, customers are advised to use UPI Lite. SBI revises FD interest rate on these fixed deposits: Check latest SBI FD interest rate According to SBI social media post, 'Due to scheduled maintenance activity, our services UPI, IMPS, YONO, RINB, ATM, NEFT and RTGS will be temporarily unavailable from 01:05 hrs to 02:10 hrs on 16.07.2025 (IST). These services will resume by 02:10 hrs on 16.07.2025 (IST).' What is UPI LITE? UPI LITE is a new payment solution to process low value transactions that have been set at below Rs is how to enable UPI LITEStep 1: To enable UPI LITE, user has to open his/her UPI AppStep 2: On the home screen of the App, the user will get the option to enable UPI LITE. Click on the optionStep 3: User reads and accepts the terms & conditionsStep 4: User enters the amount to add in UPI LITE and select the bank accountStep 5: User enters UPI PINUPI LITE will be enabled successfully! Kotak Mahindra Bank maintenance date and time Kotak Mahindra Bank will carry out maintenance on multiple dates, impacting various digital servicesThese services will not be available as per the details mentioned below. Date Services unavailable 17th July (Thursday) & 18th July (Friday) NEFT via Net banking & Mobile banking 12.00 am to 02.00 am 20th July (Sunday) & 21st July (Monday) Net banking, Mobile banking, UPI 12.00 am to 02.00 am 20th July (Sunday) & 21st July (Monday) Payment Gateway 12.00 am to 03.00 am Source- Bank mail N.R. Narayana Murthy Founder, Infosys Watch Now Harsh Mariwala Chairman & Founder, Marico Watch Now Adar Poonawalla CEO, Serum Institute of India Watch Now Ronnie Screwvala Chairperson & Co-founder, upGrad Watch Now Puneet Dalmia Managing Director, Dalmia Bharat group Watch Now Martin Schwenk Former President & CEO, Mercedes-Benz, Thailand Watch Now Nadir Godrej Managing Director, of Godrej Industries Watch Now Manu Jain Former- Global Vice President, Xiaomi Watch Now Nithin Kamath Founder, CEO, Zerodha Watch Now Anil Agarwal Executive Chairman, Vedanta Resources Watch Now Dr. Prathap C. Reddy Founder Chairman, Apollo Hospitals Watch Now Vikram Kirloskar Former Vice Chairman, Toyota Kirloskar Motor Watch Now Kiran Mazumdar Shaw Executive Chairperson, Biocon Limited Watch Now Shashi Kiran Shetty Chairman of Allcargo Logistics, ECU Worldwide and Gati Ltd Watch Now Samir K Modi Managing Director, Modi Enterprises Watch Now R Gopalakrishnan Former Director Tata Sons, Former Vice Chairman, HUL Watch Now Sanjiv Mehta Former Chairman / CEO, Hindustan Unilever Watch Now Dr Ajai Chowdhry Co-Founder, HCL, Chairman EPIC Foundation, Author, Just Aspire Watch Now Shiv Khera Author, Business Consultant, Motivational Speaker Watch Now Nakul Anand Executive Director, ITC Limited Watch Now RS Sodhi Former MD, Amul & President, Indian Dairy Association Watch Now Anil Rai Gupta Managing Director & Chairman, Havells Watch Now Zia Mody Co-Founder & Managing Partner, AZB & Partners Watch Now Arundhati Bhattacharya Chairperson & CEO, Salesforce India Watch Now
