The corporation Bank offers decent and almost constant FD interest rate of 9 percent for a period of 1-5 years with an additional .50 percent for senior citizens (which is not true in all the cases since there is no benefit for them between 1-5 Crore investment or when period is less or both).
To avail the extra interest rates, the seniors must invest for at least 3 months but still check on other constraints(like amount) if apply. The Fixed deposit interest rates for Corporation Bank are quite low for any period between 0-6 months but gradually increase up to 9 percent if the investment is for more than six months.
They reach a maximum of 9.10 percent (9.60 for seniors) under a special ’555′ days investment scheme. If you are planning an investment for 1-2 year, then this 555 days plan would provide you with the best FD rates to go for without giving a second thought.
Short Table For Corporation Bank Fixed deposit interest rates:
|Name Of Bank||6 Month -1 Year||1-2 Years||2-3 Years||3-5 Years||Above 5 years|
Full Corporation Bank Fixed deposit interest rates Details
Corporation Bank provides good interest rates for above one year fixed deposits. To get full Corporation Bank interest rates details visit official website @http://www.corpbank.com/rates_deposit_rate