For example; a fixed deposit for made for 3 years Yields 11.83pc per annum.
The DCB NRE Fixed Deposits are offered across a range of convenient and customer friendly duration, from 1 year to 10 years.
DCB Bank is a modern emerging private sector bank with 101 branches across India.
DCB NRI Banking provides efficient and personalized services to the Indian community based abroad.
Praveen Kutty, Head - Retail and SME Banking, DCB Bank, said, "NRI customers will be the biggest gainers of the most competitive NRE Fixed Deposit interest rates and drop in the Indian Rupee exchange rate.
"NRIs will need to book deposits till such time the fabulous rates are offered by the Bank. DCB NRE FD rate range from 9.50pc to 10.25pc p.a. for varying duration of more than two years to 10 years. The yield range from 10.83pc p.a. to 15.57pc p.a."
--IBNS (Posted on 22-08-2013)