Central Bank of India FD Interest Rates

The Central Bank of India provides the interest rates such that they highly differ from one another according to their terms. The best to go term is 1-2 years. This term provides the maximum interest rates 8.00 percent.

The rates offered in other cases are also fine enough say for over two years a maximum of 8.00 percent and a mere 7.75 percent for less than a year.

For Union Bank of India: Union Bank of India Fixed Deposit interest rates

The interest rates for this financial instrument are more than savings account rates but they lack in providing liquidity. Although one can have loan on them but one cannot withdraw whatever amount they like whenever they want. Here is detail information on Central bank of India Fixed deposit interest rates.

central bank of india fd interest rates

Central Bank of India Fixed deposit interest rates in detail:

For Deposits Below 1 CroreFor Deposits Above 1 Crore
7 – 14 Days5.005.00
15 – 30 Days5.505.50
31 – 45 Days5.505.50
46 – 60 Days7.007.00
61 – 90 Days7.007.00
91 Days – 180 Days7.357.25
181 Days – 270 days7.757.25
271 Days – 1 year7.757.25
1 Year – 2 Years8.007.50
2 Years – 3 Years8.007.50
3 Years – 5 Years8.007.50
5 Years – 10 Years8.007.25
Above 10 Years8.007.25

Note: additional .50% rate for senior citizens.

From table you can see, Central Bank of India provides good interest rates for time interval 1 to 2 years which is quite similar to state bank of India interest rates.

Updated: 8 October, 2015

Check out more details at @https://www.centralbankofindia.co.in/Site/Interest.aspx

6 Comments on Central Bank of India FD Interest Rates

  1. 1-2 yrs fd rate is good as compare to other banks. I would like to fixed deposit an amount of Rs.395000/-for 7 days..how much amount will I get.

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