Dena Bank Fixed Deposit in New Delhi
Last Updated : June 16, 2017, 11:56 a.m.
About Dena Bank Fixed Deposit New Delhi
Dena Bank with its headquarters in Mumbai also places a strong foothold in New Delhi, the capital of India. The bank offers a variety of products and services in the fields such as Treasury Operations, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. The bank was initially founded by Devkaran Nanjee on 26 th May 1939 along with his family with the name “ Devkaran Nanjee Banking Company”. Later on, the name gets changed to Dena Bank in December 1939 when it became a public company. Amongst the plethora of banking products and services, the bank offers fixed deposit as an attractive investment avenue which gives good returns that are completely secured till its expiry.
Fixed deposit is a secured financial instrument wherein the holder has to block the amount once for a predefined time period. This time period varies from 7 days to 10 years. The lowest interest rate offered by Dena Bank on its fixed deposit is 4.50 % p.a. The returns relative to every time interval 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 entire period of such deposit. Hence, the customer derives the benefit of fixed and regular income on opening fixed deposit account with Dena Bank. There are several fixed deposit schemes which are o ffered by Dena Bank, described as follows :
- Dena Fixed Deposit Scheme
- Dena Savifix Deposit Scheme
- Dena Freedom Deposit Scheme
- Dena Samrudhhi Deposit Scheme
- Dena Senior Citizen Scheme
- Dena Cash Certificate
- Online Term Deposit Scheme
Dena Bank Fixed Deposit New Delhi 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 New Delhi
| 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 New Delhi
Address of Dena Bank Branches in New Delhi
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Chandni Chowk | 5456, Laxmi Building, Near Clocktower, P.B.No.1126, Delhi 110006 | BKDN0710059 | 110018002 | 011-23955843 |
| Connaught Circus | M - 36, Con.Circus, P.B.No.498, New Delhi - 110001 | BKDN0710065 | 110018006 | 011-23415645/23415263/23481165 |
| Subji Mandi | 24 / 156, G.T.Road, Subzi Mandi, Shakti Nagar, Delhi 110007 | BKDN0710129 | 110018007 | 011-27127967 |
| Karol Bagh | Mangal Bhavan, Arya Samaj Rd, Karol Baug, New Delhi | BKDN0710136 | 110018005 | 011-28752406/28754099 |
| Daryaganj | 3631, N.S.Marg, Daryaganj, New Delhi - 110002 | BKDN0710160 | 110018008 | 011-23271891 |
| Okhla Industrial Estate | Okhla Ind.Estate, Admin.Block, New Delhi - 110020 | BKDN0710251 | 110018014 | 011-26312059 |
| Najafgarh Road | Nazafgarh, A - 3, Kirti Nagar, New Delhi - 110015 | BKDN0710351 | 110018010 | 011-25117934 |
| Alipore Marg | 32, Alipore Marg, Near Isbt, Delhi 110054 | BKDN0710409 | 110018016 | 011-23945068 |
| Wazirpur | Deep Cinema Bldg., Wazirpur, New Delhi 110052 | BKDN0710514 | 110018011 | 011-27441786/27242044 |
| Chawri Bazar | 2408, Ward No 5, Chawri Bazar, New Delhi | BKDN0710526 | 110018003 | 011-23265579/2328901 |