Dena Bank, in July 1969 along with 13 other major banks was nationalized and is now a Public Sector Bank constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970. Under the provisions of the Banking Regulations Act 1949, in addition to the business of banking, the Bank can undertake other business as specified in Section 6 of the Banking Regulations Act, 1949.


Domestic Deposit Rates

  Rate of Interest (less than 1 crore)
07 days to 14 days
4.50 %
15 days to 29 days
4.50 %
30 days to 45 days
5.00 %
46 days to 60 days
5.75 %
61 days to 90 days
5.75 %
91 days to 120 days
6.00 %
121 days to 179 days
6.00 %
180 days to 270 days
7.00 %
271 days to 364 days
7.25 %
365 days / 1 year
7.25 %
More than 1 yr to less than 2 years
7.25 %
2 years to less than 3 years
7.25 %
3 years to less than 5 years
7.25 %
5 years to less than 8 years
7.00 %
8 years to 10 years
7.00 %
* Interest rates last updated on 5th Nov 2016

NRE Deposit Rates

  Rate of Interest (less than 1 crore)
1 year only
7.25 %
Above 1 year to less than 2 years
7.25 %
2 years to less than 3 years
7.25 %
3 years to less than 5 years
7.25 %
5 years to less than 8 years
7.00 %
8 years to 10 years
7.00 %
* Interest rates last updated on 5th Nov 2016