Dena Bank Fixed Deposit in New Delhi

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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 26th 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 offered 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

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 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 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 New Delhi

Address of Dena Bank Branches in New Delhi

Branch NameComplete AddressIFSCMICRContact Number
Chandni Chowk
5456, Laxmi Building, Near Clocktower, P.B.No.1126, Delhi 110006BKDN0710059110018002011-23955843
Connaught CircusM - 36, Con.Circus, P.B.No.498, New Delhi - 110001 BKDN0710065110018006011-23415645/23415263/23481165
Subji Mandi24 / 156, G.T.Road, Subzi Mandi, Shakti Nagar, Delhi 110007BKDN0710129110018007011-27127967
Karol BaghMangal Bhavan, Arya Samaj Rd, Karol Baug, New DelhiBKDN0710136110018005011-28752406/28754099
Daryaganj3631, N.S.Marg, Daryaganj, New Delhi - 110002BKDN0710160110018008011-23271891
Okhla Industrial EstateOkhla Ind.Estate, Admin.Block, New Delhi - 110020BKDN0710251110018014011-26312059
Najafgarh RoadNazafgarh, A - 3, Kirti Nagar, New Delhi - 110015BKDN0710351110018010011-25117934
Alipore Marg32, Alipore Marg, Near Isbt, Delhi 110054BKDN0710409110018016011-23945068
WazirpurDeep Cinema Bldg., Wazirpur, New Delhi 110052 BKDN0710514110018011011-27441786/27242044
Chawri Bazar 2408, Ward No 5, Chawri Bazar, New DelhiBKDN0710526110018003011-23265579/2328901

 

 

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