Duniya Bank

Interest on Savings Bank Accounts

NatureTypeRate of Interest
Normal
Rate of Interest
Senior Citizen
Minimum Balance
Rural
Minimum Balance
Semi Urban
Minimum Balance
Urban
Domestic Savings Bank Account without Cheque Book Facility 4.00% 4.00% Rs.100/- Rs.300/- Rs.300/-
  Savings Bank Account with Cheque Book Facility 4.00% 4.00% Rs.300/- Rs.500/- Rs.500/-
  Basic Savings Bank Account (Suvidha Bachat) 4.00% 4.00% Zero Zero Zero
Non Resident NRO 4.00% - - - -
  NRE 4.00% - - - -

Interest on Domestic Term Deposits (w.e.f June 03, 2020)

SlabRate of Interest
15 Days to 30 Days 4.00%
31 Days to 45 Days 4.25%
46 Days to 89 Days 4.75%
90 Days to 179 Days 5.25%
180 Days to less than 1 Year 5.75%
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.25%
Special Category  
400 Days 6.65%

 

For Senior Citizens

Senior Citizen means a person who has attained the age of 60 years on date of deposit and produces the proof of the same.

SlabRate of Interest
15 Days to 30 Days 4.50%
31 Days to 45 Days 4.75%
46 Days to 89 Days 5.25%
90 Days to 179 Days 5.75%
180 Days to less than 1 Year 6.25%
1 Year to less than 5 Years 7.00%
5 Years and upto 10 Years 6.75%
Special Category  
400 Days 7.15%

Interest on NRO Term Deposits (w.e.f June 03, 2020)


SlabRate of Interest
15 Days to 30 Days 4.00%
31 Days to 45 Days 4.25%
46 Days to 89 Days 4.75%
90 Days to 179 Days 5.25%
180 Days to less than 1 Year 5.75%
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.25%
Special Category  
400 Days 6.65%

 

Interest on NRE Term Deposits (w.e.f June 03, 2020)

SlabRate of Interest
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.25%
Special Category  
400 Days 6.65%
MCLR

Rates for Different Maturities

a. Overnight MCLR 9.35
b. One Month MCLR 9.35
c. Three Month MCLR 9.35
d. Six Month MCLR 9.35
e. One Year MCLR 9.35
f. Above One Year MCLR 9.35

 

Base Rate10.10%

 

External Benchmark Rate (EBR)Repo Rate 4.00%

Housing Loan

Category Loan Amount Benchmark Product Spread Credit Risk Premium* Remarks Reset Clause
Housing Loans – Salaried Class
(with LTV upto 75%)
Upto Rs.25.00 Lac EBR 3.25 2.25 Floating Quarterly
Above Rs.25.00 Lac to Rs.75.00 Lac EBR 3.25 2.50 Floating Quarterly
Above Rs.75.00 Lac EBR 3.25 2.75 Floating Quarterly
Housing Loans – Non Salaried Class
(with LTV upto 75%)
Upto Rs.25.00 Lac EBR 3.25 2.35 Floating Quarterly
Above Rs.25.00 Lac to Rs.75.00 Lac EBR 3.25 2.60 Floating Quarterly
Above Rs.75.00 Lac EBR 3.25 2.85 Floating Quarterly
Housing Loans – Salaried Class
(with LTV more than 75%)
Upto Rs.25.00 Lac EBR 3.25 2.50 Floating Quarterly
Above Rs.25.00 Lac to Rs.75.00 Lac EBR 3.25 2.75 Floating Quarterly
Above Rs.75.00 Lac EBR 3.25 3.00 Floating Quarterly
Housing Loans – Non Salaried Class
(with LTV more than 75%)
Upto Rs.25.00 Lac EBR 3.25 2.60 Floating Quarterly
Above Rs.25.00 Lac to Rs.75.00 Lac EBR 3.25 2.85 Floating Quarterly
Above Rs.75.00 Lac EBR 3.25 3.10 Floating Quarterly

Effective Rate: EBR + Product Spread + Credit Risk Spread
*Credit Risk Premium may vary client to client.
Processing Fee: 0.50% of the loan amount.

Personal Loan & Consumer Loan

Interest RatesProcessing Fee
Personal Loan : MCLR + 6.00%
Consumer Loan : MCLR + 5.75%
1.00% with minimum Rs.500/-

Auto Loan / Transport Loan

Interest RatesProcessing Fee
Two Wheeler : MCLR + 4.00%
New Four Wheeler (Non-Commercial) : MCLR + 1.25%
Transport Vehicle : MCLR + 3.00%
1.00% with minimum Rs.500/-
0.50% of the Loan Amount
0.50% of the Loan Amount

Pre-Payment Charges

Auto Loans
In case the account is adjusted before 1 year from the scheduled date of expiry or it is taken over by some other bank, premature charges will be levied @ 2%.
Minimum Rs.500/-

Housing Loans (on floating rate): NIL

Term Loans for Rs.1 Cr & above and Project Loans (irrespective of amount)

If Adjusted / Taken Over Within Charges
1 Year of Account Opening 5%
2 Years of Account Opening 4%
3 Years of Account Opening 3%
After 3 Years but before 1 Year of Scheduled Date of Expiry 2%

Other Loans
In case the account is adjusted before 1 year from the scheduled date of expiry, premature charges will be levied @ 1%. In case the account is taken over by some other bank, premature charges will be levied @ 2%.
Minimum Rs.500/- (Charges to be calculated on outstanding balance or Drawing Power, whichever is higher)