The corporation Bank offers decent and almost constant FD interest rate of 7.00 percent for a period of 1-5 years with an additional .50 percent for senior citizens for deposits above 90 days (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 6.50 percent if the investment is for more than six months.

Don’t Miss: Dhanlaxmi Bank Fixed deposit interest rates

They reach a maximum of — percent (— 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. Below interest rates are effective from 31st December, 2016.

coporation bank fd interest rates

Corporation Bank Fixed deposit interest rates 2017 (Domestic/NRO):

TIME PERIODBELOW ONE CRORE
Interest Rate
(% per Annum)
Senior Citizen Rates
(% per Annum)
7 Days to 14 Days5.00%5.50%
15 Days to 30 Days5.00%5.50%
31 Days to 45 Days5.00%5.50%
46 Days to 60 Days6.00%6.50%
61 Days to 90 Days6.00%6.50%
91 Days to 180 Days6.50%7.00%
181 Days to 270 days6.65%7.15%
271 Days to 1 year6.65%7.15%
1 Year to 2 Years7.00%7.50%
2 Years to 3 Years7.00%7.50%
3 Years to 5 Years6.90%7.40%
5 Years to 10 Years6.90%7.40%
Above 10 Years6.90%7.40%

Corporation Bank provides good interest rates for above one year fixed deposits.

Corporation Bank NRE Fixed Deposit Interest Rates 2017:

Maturity rangeBelow 1 crore1-10 croresAbove 10 crore
 1 Year to 2 Years7.00%5.90%5.00%
2 Years to 3 Years7.00%5.90%5.00%
Above 3 Years6.90%5.90%5.00%

Updated: 4 January, 2017

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Important notes:

  • 1% penalty will be charge for closing deposits before maturity period and no interest will be paid for closing deposits before 7 days.
  • Deposits of senior citizens & staff’s opened under NRO and NRE scheme are not eligible for additional interest benefit.
  • Contact branch to open fixed deposit account above 1 crore.
  • No interest will be paid for closing deposits before maturity period in case of NRE deposits.
  • 4% interest rate for all saving accounts.

To get full Corporation Bank interest rates details visit official website @http://www.corpbank.com/rates_deposit_rate

8 Comments

  1. I want to know if I put 1 lakh rupees FD in your bank how much interest amount I will get after 1 year?

  2. I want to know, if I deposit Rs 1 Lakh and above as fixed deposit for 2or3 years,then what is the monthly interest? please clear me sir..

  3. I want to know if I put 1 lakh rupees FD in your bank how many amount will be get after 1 year.

  4. can I transfer my accounts balance to FD & how much & sdaule the FD banifid. please give details to my email..

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