About Dena Bank Fixed Deposit Bhubaneswar
Dena Bank is one of the reliable commercial banks which has its headquarters based out at Mumbai. The Government of India nationalizes this bank in 1969 along with 13 other major banks. Dena Bank has set up its presence in Bhubaneswar through some of its branches. The staff of Bhubaneswar is capable enough to leverage the bank into new dimensions by devoting themselves with full capacity. The bank provides a plethora of banking services such as Deposits, Loans, Investment Services, Small and Medium Enterprises. Fixed deposit is one such financial instrument that the bank offers irrespective of regular banking products and services.
Fixed deposit is a widely chosen financial instrument by the people of Bhubaneswar and outside to pool effective returns generated upon maturity. The customers prefer to select their fixed deposit as per varying tenures, normally Dena Bank provides FD from 7 days to 10 years. The tenures along with interest rates selected respond subjectively to the power of compounding principle for generating returns thereon. Since it is a non-risky instrument, preferred by risk averse investors so as to let their interest grow under safe haven. The fixed deposit schemes offered by the bank work towards in fulfilling the best interests of every customer. The customer preferring Dena Bank also have access to book their online fixed deposit. Now, people of Bhubaneswar and outside cities have started making smart choices with respect to their investment.
Dena Bank Fixed Deposit Bhubaneswar at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 2.90% - 6.30% |
| Minimum Investment Amount | ₹ 1,000 |
| Tenure | 7 days – 10 years |
Eligibility Criteria
1. The entities listed below are eligible to apply for fixed deposit :
- Individuals
- Hindu Undivided Families (HUFs)
- Minor represented by parents/guardian
- Guardian on behalf of societies, clubs, trusts and associations
- Associations
- Clubs
- Trusts
- Sole proprietorship firms
- Partnership firms
- Limited Companies
2. The eligibility norms for Dena Maha Tax Bachat Yojna is as follows:
- Minimum Lock-in period should be of 5 years.
- Minimum size of deposit per receipt must be ₹ 1 lakh through a single deposit receipt.
- Senior Citzens will get an additional interest rate of 0.50% over and above card rate except NRI Deposits.
Documents Required with Dena Bank Fixed Deposit Bhubaneswar
| Category | Documents |
|---|---|
| An Individual, Hindu Undivided Family, Sole Proprietorship Concern | ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque, A photograph |
| Trusts | Copy of the Trust Deed Copy of the registration certificate Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account Photographs of the members operating the account |
| Associations/Clubs | By-laws of the Association Copy of the Resolution by the board authorizing the members concerned to open and operate the account Photographs of the members operating the account |
| Partnership Firm | Partnership Deed Letter from partners approving the persons concerned to open and operate the account Photographs of the persons operating the account |
| Public or Private Limited Companies | Board Resolution / Authority Letter Memorandum & Articles of Association Certificate of Incorporation Certificate of Commencement of Business (Public Limited Company) Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC Governing Act / Rules and Regulations(PSUs) (certified true copy) |
To get additional details, visit Fixed Deposit Bhubaneswar
Address of Dena Bank Branches in Bhubaneswar
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Bhubaneswar Khurda | 78, Janapath, Kharvela Nagar, Bhubaneswar, Orissa - 751001 | BKDN0910759 | 751018002 | 0788-2224931/2223579 |
| Patia | Denabank, Patia Branch, Plot No.516/1676, Khata No.-489/45, Patia, Bhubaneswar-751024 | BKDN0911729 | NON-MICR | 0788-8895209581 |
