The services of Lakshmi Vilas Bank are now a part of the DBS Bank India Limited. With several accolades on its name, the DBS Bank India Limited is known for its quality services.
Lakshmi Vilas Bank offers several services to its customers, including fixed deposits and online banking services. A savings account for an FD can be opened directly at the bank or can be availed through Lakshmi Vilas Bank's official website. A fixed deposit allows the customers to gain fixed interests and benefits on their investment.
Save upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD+
Fully Tax-Free* (unlike FD), Life Cover Included
BANKS | GENERAL CITIZENS | SENIOR CITIZEN |
Axis Bank FD Rates | 2.50% - 5.75% | 2.50% - 6.50% |
Bandhan Bank FD Rates | 3.00% - 5.00% | 3.75% - 5.75% |
Bank of Baroda FD Rates | 2.80% - 5.25% | 3.30% - 6.25% |
Bank of India FD Rates | 2.85% - 5.05% | 3.35% - 5.55% |
Canara Bank FD Rates | 2.90% - 5.40% | 2.90% - 5.90% |
Central Bank of India FD Rates | 2.75% - 5.00% | 2.90% - 3.25% |
DBS Bank FD Rates | 2.50% - 5.50% | 3.50% - 6.00% |
HDFC Bank FD Rates | 2.50% - 5.60% | 3.00% - 6.35% |
IDFC Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Indian Bank FD Rates | 2.90% - 5.15% | 3.40% - 5.65% |
Indian Overseas Bank FD Rates | 3.40% - 5.20% | 3.90% - 5.70% |
IndusInd Bank FD Rates | 2.50% - 6.00% | 3.00% - 6.50% |
Punjab National Bank FD Rates | 2.90% - 5.25% | 3.50% - 5.75% |
SBI FD Rates | 5.30% - 5.40% | 5.80% - 6.20% |
UCO Bank FD Rates | 2.55% - 5.05% | 3.80% - 6.30% |
Yes Bank FD Rates | 3.25% - 6.25% | 3.75% - 7.25% |
Here is a list of some features of Laxmi Vilas Bank fixed deposits:
Lakshmi Vilas Bank fixed deposit interest rates as per the deposit tenure is listed out as follows:
Tenure | General Fixed Deposit Rate p.a | Senior Citizens Fixed Deposit Rate p.a |
7days to 15 days | 4.00% | 4.00% |
15 days to 30 days | 4.25% | 4.25% |
31 days to 45 days | 4.75% | 4.75% |
46 days to 90 days | 5.25% | 5.25% |
91 days to 120 days | 5.75% | 5.75% |
121 days to 150 days | 6.00% | 6.00% |
151 days to180 days | 6.00% | 6.00% |
181 days to364 days | 6.00% | 6.50% |
365 days to 399 days | 6.50% | 7.00% |
400 days | 6.75% | 7.25% |
401 days to less than 36 months | 6.50% | 7.00% |
36 months to less than 60 months | 6.25% | 6.75% |
60 months to 120 months | 6.25% | 6.75% |
*Interest rates are subject to changes.
Balance (Indian rupees) | Rate of Interest |
Up to 1 Lakh | 3.25% |
Above 1 to 2 Lakhs | 3.50% |
Above 2 to 5 Lakhs | 3.50% |
Above 5 to 10 Lakhs | 3.75% |
Above 10 to 20 Lakhs | 3.50% |
Above 20 to 50 Lakhs | 3.25% |
Above 50 lakhs to 5 Crores | 3.75% |
Above 5 Crores | 3.75% |
*Fixed Deposit Interest rates are subject to change.
Allahabad Bank FD Interest Rates
Andhra Bank FD Interest Rates
Assam Gramin Vikash Bank FD Interest Rates
AU Small Finance Bank FD Interest Rates
Axis Bank FD Rates
Bajaj Finance FD Interest Rates
Bandhan Bank FD Interest Rates
Bangiya Gramin Vikash Bank FD Interest Rates
Lakshmi Vilas Bank Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:
The amount that is invested
The Rate of Interest offered
The tenure of the Fixed Deposit Account
The compounding period, that is, yearly, half-yearly, quarterly, or monthly
The FD Amount
Once entered the following details, an investor will come to know:
The maturity value of the FD
The total interest earned during the complete tenure
Few points one must keep in mind while looking for Laxmi Vilas Bank fixed deposit rates are:
Lakshmi Vilas Bank offers a competitive rate of interest in their fixed deposit schemes. Customers can also use online services offered by the bank for a better banking experience and quick use. In the best interest of the customers, it is advised that they confirm with the banking institution regarding the fixed deposit and the interest rates before availing of the service.
*All savings are provided by the insurer as per the IRDAI approved
insurance plan. Standard T&C Apply
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable
tax slabs post 31st march 2023
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in