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DBS Bank
Safety:Bank Safety:Good
•✓₹5l DICGC insuredDICGC insured up to ₹5L
Bank Overview
Type
ForeignHeadquarters
MumbaiFounded
1994Branches
530DICGC Coverage
₹5 LakhsFixed Deposit (FD) Interest Rates
| TENURE | General | Senior |
|---|
•For callable FDs < ₹3 Cr•Premature withdrawal penalty applies
Savings Account Interest Rates
| Deposit Slabs | Interest Rate |
|---|
Foreign Currency Non-Resident (FCNR-B) Deposit Rates
Maturity | USD | |
|---|---|---|
| Deposit Amount | Under $350K | $350K+ |
| 1 to <2 years | 3.75%BEST | 3.75%BEST |
| 2 to <3 years | 3.50% | 3.50% |
| 3 to <4 years | 0.01% | 0.01% |
| 4 to <5 years | 0.01% | 0.01% |
| 5 years | 0.01% | 0.01% |
NRI Fixed Deposit Rates (NRE & NRO)
| TENURE | Interest Rate |
|---|---|
1 year to 375 days | 6.30% |
376 to 400 days | 6.85%BEST |
401 to 500 days | 6.75% |
501 to 540 days | 6.60% |
541 to 599 days | 6.75% |
600 days | 6.60% |
601 days to <2 years | 6.50% |
2 years to <2 years 6 months | 6.40% |
2 years 6 months | 6.40% |
2 years 6 months to <3 years | 6.40% |
3 to <4 years | 6.40% |
4 to <5 years | 6.40% |
5 to 10 years | 6.25% |
•For callable NRE FDs < ₹3 Cr•100% tax-free in India•Premature withdrawal penalty applies
Frequently Asked Questions
As of September 2026, DBS Bank offers up to 6.85% p.a. on Fixed Deposits and up to 5.00% p.a. on Savings Accounts based on the balance slabs maintained.
Yes, DBS Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.
The minimum tenure for a fixed deposit with DBS Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.
DBS Bank offers tiered interest rates ranging from 2.50% to 5.00% p.a. depending on the balance slabs maintained in the savings account.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.
DBS Bank FD Calculator
Months
Days
MATURITY AMOUNT
₹1,06,450
MATURITY DATE
19 Sept 2027
Interest rate6.30% p.a.
Principal₹1,00,000
Total interest₹6,450
Indicative only. Actual figures may vary.