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

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

TIME PERIODBELOW ONE CRORE
Interest Rate
(% per Annum)
Senior Citizen Rates
(% per Annum)
7 – 14 Days5.005.50
15 – 30 Days5.005.50
31 – 45 Days5.005.50
46 – 60 Days6.006.50
61 – 90 Days6.006.50
91 Days – 180 Days6.507.00
181 Days – 270 days6.657.15
271 Days – 1 year6.657.15
1 Year – 2 Years7.007.50
2 Years – 3 Years7.007.50
3 Years – 5 Years6.907.40
5 Years – 10 Years6.907.40
Above 10 Years6.907.40

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

Corporation Bank NRE Fixed Deposit Interest Rates:

Maturity rangeBelow 1 crore1-10 croresAbove 10 crore
 1-2 year7.005.905.00
2-3 year7.005.905.00
Above 3 years6.905.905.00

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

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

  3. 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..

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

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