Dena Bank Fixed Deposit in Lucknow
Last Updated : March 16, 2017, 3:24 p.m.
About Dena Bank Fixed Deposit Lucknow
Headquartered in Mumbai, Dena Bank was incepted in the year 1939 as a public sector bank and is one of the earliest nationalized banks in India. The bank offers premier financial services of substantial value, Dena Bank guarantees exceptional financial returns and better economic growth to its customers and shareholders. The bank expands itself through a number of branches and some of the branches occupy the Lucknow city as well. The bank provides a host of products and services in the form of loans, deposits, internet banking, corporate banking,international banking, priority lending including small & medium enterprises services. Among the regular deposits, fixed deposit is an acclaimed savings avenue considered by numerous loan seekers.
Fixed deposit is believed to be one of the ideal modes of investment by people planning to obtain fixed and consistent returns. It is a one-time investment mode that delivers better returns after a particular period of time. By choosing the desired interest payout frequency the depositor can gain a regular income or can reinvest the interest amount along with the original deposit amount. The returns will be calculated on the new principal amount generated after adding the interest of the previous time period. The total amount including the principal and interest is paid off at the maturity of the fixed deposit. Fixed deposits offered by Dena Bank also render tax liability in case if the total interest amount exceeds ₹10,000 in a financial year.
Senior Citizens also take advantage from the Dena Bank fixed deposit as it pays them an additional interest rate during the financial year.
Dena Bank Fixed Deposit Lucknow 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 entitled 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 criteria 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 Lucknow
| 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 access further details, visit Fixed Deposit Lucknow
Address of Dena Bank Branches in Lucknow
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Hazratganj | 11, M.G. Road, PB No.114, Hazrat Ganj, Lucknow, Uttar Pradesh - 226001 | BKDN0720185 | 226018002 | 0522-2624913 |
| Nadan Mahal Road, Lucknow | Nadan Mahal Road, Lucknow 226001 | BKDN0720239 | 226018005 | 0522-2266403/2653396 |
| Shivaji Marg | 7, Shivaji Marg, Lucknow - 226001, Uttar Pradesh | BKDN0720631 | 226018006 | 0522-2212203 |
| Bangla Bazar | Rail Nagar, Bangla Bazar, Lucknow, Uttar Pradesh | BKDN0720736 | 226018003 | 0522-2422161 |
| Dubagga, Lucknow | Ramjivan Bldg, Harodia Rd, Dubagga, Dist Lucknow | BKDN0720860 | 226018008 | 0522-2408390 |
| Uthrathia | Lucknow (Uthrathia) Rai Bareli Road, Uthrathia, Lucknow - 226 01 | BKDN0721089 | 226018007 | 0522-2440524 |
| Gomti Nagar | 3/107, Vidhayakpuram, Gomtinagar, Lucknow, Uttar Pradesh | BKDN0721135 | 226018009 | 0522-2398264 |
| Rajajipuram | Skd Plaza, E Block, Rajajipuram, Lucknow, Uttar Pradesh | BKDN0721145 | 226018010 | 0522-2417392 |
| Aliganj Lucknow | C - 1, Sector - M, Aliganj, Lucknow - 226024 | BKDN0721190 | 226018011 | 0522-2334739 |
| Alambagh | 565-KA/94/2, Amrudhi Bagh, Sneh Nagar, Alambagh, Lucknow- 226005 | BKDN0721573 | NON-MICR | 9454011313 |