The Catholic Syrian Bank (CSB) is registered as a private sector bank with headquarters based in Thrissur, Kerala. It is one of the oldest operational banks in India. It started its operations in 1920 and initially only serviced the business sector.

Catholic Syrian Bank today has over 400 branches and more than 200 ATM’s across the country. The bank specializes in money market investments and capital market instruments.

CSB also focuses on the rural areas. More than 75% of its customers are economically weak and more than 80% of its branches are in the semi-urban and rural areas.

Catholic Syrian Bank fd rates

The Bank offers two types of deposits. One is the regular term deposit with tenors ranging from 7 days to 120 months. The interest rate on the terms deposits is quite low as compared to the other banks.

The Acharya fixed deposit scheme run by the bank offers a higher rate of interest however the shortest tenor starts from 180 days and maximum goes up to 120 months. Below interest rates are effective from 23 January, 2017.

Catholic Syrian Bank Fixed Deposit Interest Rates 2017 (Domestic Term and NRO):

PeriodDeposit Rates

Below 1 Crore

(% p.a)

Deposit Rates

Above 1 Crore

(% p.a)

 7 Days to 14 Days3.50%3.00%
 15 Days to 30 Days4.00%3.50%
 31 Days to 90 Days5.00%4.50%
 91 Days to 180 Days5.50%5.00%
 180 Days to 364 Days6.25%5.75%
1 Year6.75%6.25%
1 Year to 5 Years6.50%6.00%
5 Years to 10 Years6.50%6.00%

CSB Interest rates on Acharya Deposits 2017:

 Period Below 1 CroreAbove 1 Crore
 180 Days to 1 Year6.75%5.75%
 1 Year7.25%6.25%
 1 Year to 10 Years7.00%6.00%

CSB NRE Fixed Deposit Interest Rates 2017:

Maturity PeriodAmount

Below 1 Crore

 

Amount

Above 1 Crore

1 Year6.75%6.25%
 13 Months6.50%6.00%
 Above 13 months6.50%6.00%

Table Updated: 2 February, 2017

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