Is DCB Bank Govt or private?

Is DCB Bank Govt or private?

DCB Bank is a new generation private sector bank with 356 branches (as on 30th September 2021) across India. It is a scheduled commercial bank regulated by the Reserve Bank of India. It is professionally managed and governed.

What is the full form of DCB?

The full form of DCB is the Development Credit Bank. DCB Bank Limited was generally identified as Development Credit Bank. It is an established next-generation private bank with a network of branches around 334 and about 505 ATMs nationwide.

Is DCB Bank safe for FD?

Safety of DCB Bank Deposits : DCB Bank deposits are covered under the Deposit Insurance Scheme of RBI in which up to ₹ 5 lakh of all deposits of a depositor are insured by DICGC. Loan against FD : DCB Bank provides loan against FD to help its depositor meet their liquidity requirements without breaking the FD.

Is DCB a good bank?

DCB Bank is Productive and fun work place. I really enjoyed to work there,. Management, Job culture and salary benefit is also very good . Recommending people to work with DCB.

Is DCB a cooperative bank?

DCB (Development Co-operative bank), a scheduled commercial bank regulated by RBI was launched in the country in the 1930s. Professionally managed, the bank has been able to cover 17 states and 2 union territories with its 55 branches all over.

Is DCB Bank merged with any bank?

Company History – DCB Bank Ltd. Co-operative Bank Limited merged with Ismailia Co-operative Bank Limited. 31, 1995. 11 such banks that converted themselves into scheduled commercial banks.

What is DCB in banking sector?

DCB Bank Limited formerly Development Credit Bank is one of the new generation private sector banks in India. In the year 1995 Development Co-operative Bank Ltd was converted into Development Credit Bank Ltd.

What is the FD interest rate of DCB Bank?

DCB Bank FD Interest Rates Feb 2022

Tenure Normal Citizen FD Rate Senior Citizen FD Rate
7 days – 3 months 1 day 4.35% 4.85%
3 months 2 days – 5 months 29 days 5.05% 5.55%
5 months 30 days – 11 months 30 days 5.25% 5.75%
1 year – 1 year 5.55% 6.05%

What is the rate of interest in DCB Bank?

DCB Bank Fixed Deposit Interest Rates

Tenure Interest rate for genral public (% p.a.) Interest rate for senior citizens (% p.a.)
701 days to less than 3 years 6.80% 7.30%
3 years 6.95% 7.45%
More than 3 years to 5 years 6.95% 7.45%
More than 5 years to 10 years 6.95% 7.45%

What is the minimum balance in DCB Bank?


Bank DCB
Minimum Balance Requirement Average Quarterly Balance (AQB) – Rs 10,000
Interest Rate N/A
Card Offered DCB CashBack Platinum Debit Card (Domestic / International Card)
Eligibility All resident individuals

Who is the founder of DCB Bank?

DCB Bank

Type Public
Industry Banking Financial services
Founded 1930s
Headquarters Mumbai, Maharashtra, India
Key people Murali M. Natrajan (MD & CEO)

Where is the headquarter of DCB Bank?

Mumbai, India
DCB Bank/Headquarters

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