Dena Bank Fixed Deposit in Mumbai

FD Interest Rates 80 views

About Dena Bank Fixed Deposit Mumbai

Dena Bank is one of the reputed nationalized banks which was established in 1939. Headquartered in Mumbai along with a network of branches, the bank is the first to initiate the following segments:

  • launching the credit card in rural India under the name “Dena Krishi Sakh Patra (DKSP)”

  • launching smart card at selected branches in Mumbai,

  • establishing ATMs counter in Juhu, Mumbai and;

  • forming the base for customer rating system in order to rate the bank services.

Moreover, the bank expands its presence in Mumbai through some of its branches irrespective of the main branch. The bank hosts a number of products and services such as 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 route considered by several depositors for parking away their idle funds.

A fixed deposit is one such trusted financial investment wherein the depositor has to invest the amount once for a fixed period of time. The time intervals could vary from 7 days to 10 years. Dena bank pays interest subject to the applicable rates on these deposits. The returns on every time interval are different and are calculated as a percentile of the invested amount. This percentage is known as the fixed deposit interest rate.The rates remain similar throughout the time interval of the FD. Hence, the depositor obtains the benefit of fixed and consistent income on opening fixed deposit account.

Dena Bank Fixed Deposit Mumbai at a glance

ParticularsDetails
Interest Rate4.00% - 7.00%
Minimum Investment Amount₹ 1,000
Tenure7 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 Mumbai

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 CompaniesBoard 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 Mumbai

Address of Dena Bank Branches in Mumbai

Branch NameComplete AddressIFSCMICRContact Number
Malad (East) Sadhana, Daftary Road, Malad East, Mumbai - 400064BKDN0460110400018018022-28889985 / 28892553
MahimSolitude, Plot No.410, Tps - III, Bhagoji Keer Marg, MumbaiBKDN0460112400018021022-24462201
Bhandup (WEST) - MumbaiBurjor Baug, Shastri Marg, Mumbai - 400078BKDN0460126400018044022-25610906/25906616
Juhu Vile ParleSharda Bhuvan, V.M.Road, Juhu - Vile Parle(West), Mumbai, Maharashtra - 400056BKDN0460131400018057022-26183752/26151370
Mumbai - Bandra (WEST)Khimji Palace, Hill Road, Mumbai - 400050BKDN0460144400018012022-26425809 / 26415972
Jogeshwari (WEST) - MumbaiGool - Dhun - A - Bad, Opp. Malcolm Baug, Sv Road, Mumbai - 400060BKDN0460209400018052022-26797320/26794879
Govandi DeonarStation Road, Mumbai - 400088BKDN0460353400018073022-25580997
Marol - Mumbai The Heritage, Andheri(East), Mumbai - 400019BKDN0460413400018075022-28325005/28213275
Orlem - Malad (WEST)Anthsil, O.M.Rd., Marve Road, Malad(West), Mumbai, Maharashtra - 400064BKDN0460486400018078022-28820678;
Mount PoinsurAnand Bhuvan, Grd.Fl, Sardar V.P.Road, Mt.Poinsur, Borivali(West), Mumbai - 400092BKDN046048740001807728933073/2892618

 

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