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During the pandemic, a lot of insecurity and concern of the common man is centered around two things – medical expenditure and falling interest rates that dip below inflation figures. Though many organisations are trying to devise instruments to address these concerns and serve these needs separately, DCB is the only bank that has launched a combo trying to offer a solution to both. Private lender DCB Bank is offering a health plus fixed deposit scheme that offers these add-on facilities.

Health benefits

With this fixed deposit scheme, the primary holder will get benefits such as free tele-consultation and free consultation with doctors in out-patient department of select hospitals. Pharmacy bill reimbursement and unlimited emergency services such as ambulance facility are also available.

A primary account holder can open up to 4 DCB health plus fixed deposits.

There are seven different FD slabs depending upon the amount deposited. If you have FD amount between Rs 10,000 and Rs 1 lakh, annually 4 free tele-consultation facilities will be provided to the customer.

If the FD amount is between Rs 1 lakh and Rs 3 lakh, 8 tele-consultations and 2 OPD facilities would be provided free per year.

For amounts up to Rs 5 lakh 10 tele-consultation and 2 OPD facilities along with Rs 500 pharmacy bill would be reimbursed.

For Rs 10 lakh FD 10 tele-consultation and 4 OPD facilities along with Rs 1,000 pharmacy bill would be reimbursed. You will get unlimited ambulance and other emergency facilities for a period of one year.

With Rs 15 lakh FD, six OPD and 10 tele-consultations along with Rs 1,500 pharmacy bill would be reimbursed. Unlimited ambulance and other emergency facilities would also be there.

Anyone depositing between Rs 15 lakh and Rs 25 lakh is entitled to get 8 tele-consultations and an equal number of OPD consultations along with reimbursement of pharmacy bill of Rs 2,000. Unlimited ambulance facilities would also be provided.

For the highest slab of above Rs 25 lakh, a person can get 10 tele-consultations and 10 OPD consultations along with Rs 3,000 pharmacy bill, unlimited ambulance and other emergency facilities.

For the medical benefits the bank has tied up with ICICI Lombard Group Take Care Insurance Plan.

Banking facilities

A DCB health plus fixed deposit account can be opened up to 700 days. DCB Bank offers 5.7% interest rate for a tenure that is between 6 months and less than 12 months FD. Between 12 months to 15 months, the applicable rate is 5.8%.

The rate goes up to 6.4% for tenures between 15 months to less than 700 days. Senior citizens will get another 0.5% extra interest rate across all time periods.