Background: The nature of oscillations or excitations around the equilibrium deformed nuclear shape remains an open question in nuclear structure. The 162 Dy nucleus is one of the most extensively studied nuclei with the (n, γ), (n, e − ), (α,2n) reactions and most recently the (p, t) pickup reaction adding eleven 0 + states up to an excitation energy of 2.8 MeV to an already well developed level scheme. However, a major shortfall for a better understanding of the nature of the plethora of bands and levels in this nucleus has been the lack of lifetime measurements.