Central Bank of India FD Rates 2024, Central Bank of India FD Interest Rates 2024

Central Bank of India Fixed Deposit Rates 2024, सेंट्रल बैंक ऑफ इंडिया सावधि जमा दरें, Central Bank of India FD Rates 2024, सेंट्रल बैंक ऑफ इंडिया एफडी ब्याज दरें, Central Bank of India FD Interest Rates, सेंट्रल बैंक ऑफ इंडिया एफडी ब्याज दरें, Central Bank of India FD Interest Rates, सेंट्रल बैंक ऑफ इंडिया एफडी, Central Bank of India FD.

The Central Bank of India is an Indian public sector bank, and the first commercial Indian bank to be wholly owned and operated by Indians, Central Bank of India Rs. Interest rates on fixed deposits below Rs 2 crore have been increased.

Launches special fixed deposit schemes, bank hikes FD rates by up to 75 basis points, The new rates will be effective from November 10, 2022. The bank has also revised the interest rates on its savings accounts, Central Bank of India offers fixed deposit (FD) scheme with attractive interest rates between 3.50% p.a and 6.75% p.a. The tenure of the scheme is between 7 days to 10 years.

Central Bank of India FD

  1. Central Bank of India Special Deposit.
  2. The plan has two tenure options namely 555 days and 999 days.
  3. The Central Bank of India now offers a maximum interest rate of 6.75% for non-callable fixed deposits and 6.50% for callable deposits and 6.50% for callable fixed deposits with a tenure of 555 days.
  4. The interest rate is 6.25% for non-callable deposits and 6.50% for callable deposits with a tenure of 555 days and 6.25% for non-callable deposits with a tenure of 999 days.
  5. Central Bank of India now also offers various fixed deposit products like NRE, RFC and FCNR (B) Fixed Deposits for NRIs.
  6. Central Bank of India accepts FCNR (B) Fixed Deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Canadian Dollar (CAD) and Australian Dollar (AUD).

Central Bank of India FD Interest Rates

  1. Central Bank of India offers FD interest rates for general public from 3.50 to 7.10% p.a. up to.
  2. It offers FD interest rates for senior citizens ranging from 4.00 to 7.60% for senior citizens for 7 days to 10 years.
  3. The interest rate on tax saving FDs for general public by Central Bank of India is 6.25% p.a. up to.
  4. It offers an interest rate of 6.75% p.a. on tax saving FDs for senior citizens. Its tenure is 5 years.
  5. The bank increased interest rates on fixed deposits maturing in 7-14 days by 25 basis points (bps) to 3.00% from 2.75%.
  6. Central Bank of India hiked interest rates on deposits maturing in 15-30 days by 35 bps from 2.90% to 3.25%.
  7. Fixed Deposits (FDs) with maturities between 31 and 45 days have hiked interest rates by 25 basis points (bps) to 3.25%.
  8. FDs with maturity between 46 and 90 days rose by 75 bps to 4.25%.
  9. The bank increased the interest rate on FDs maturing in 91–179 days by 50 basis points (bps) to 4.50% from 4.00%.
  10. The Central Bank of India hiked the rate on FDs maturing in 180–270 days by 60 bps to 5.25% from 4.65%.
  11. The Central Bank of India has raised the interest rate on fixed-rate (FDs) maturing in 271-364 days by 50 basis points (bps) to 5.25% from 4.75%.
  12. The bank has raised interest rates on fixed deposits (FDs) with maturities between 2 and 3 years by 40 basis points (bps), from 5.60% to 6%.
  13. Increased by 25 bps from 5.50% to 5.75% for 3 years to 5 years.
  14. The interest rate on deposits maturing up to five years and 10 years has been increased to 5.60% from 5.75% earlier.

Central Bank of India Bank FD Interest Rates 2024 Highlights

Highest slab rate7.10% (for 444 days)
For 1 year6.75%
For 2 years6.50%
For 3 years6.25%
For 4 years6.25%
For 5 years6.25%
Tax-Saving FD6.25%

Central Bank of India Bank Domestic Term FD Interest Rates 2024 for Less than Rs.2 crore

TenureInterest Rates for General Public (p.a)Interest Rates for Senior Citizens (p.a)
7 – l4 days3.50%4.00%
15-30 days3.75%4.25%
31 – 45 days3.75%4.25%
46 -59 days4.00%4.50%
60 – 90 days4.25%4.75%
91 -179 days4.50%5.00%
180 -270 days5.50%6.00%
271-364 days5.50%6.00%
1 yr to less than 2 yrs6.75%7.25%
2 yr to less than 3 years6.50%7.00%
3 yr to less than 5 years6.25%6.75%
5 years & above upto 10 years6.25%6.75%

Central Bank of India Fixed Deposit Rates 2024 for Rs.2 crore to Rs.10 crore

Maturity PeriodInterest Rates for General Public (p.a)Interest Rates for Senior Citizens (p.a)
7 -14 days4.75%5.25%
15 – 30 days4.75%5.25%
31 – 45 days5.25%5.75%
46 – 59 days5.25%5.75%
60 – 90 days4.50%5.00%
91 – 179 days5.50%6.00%
180 – 270 days6.00%6.50%
271 – 364 days6.25%6.75%
1 yr  to less than 2 yrs6.75%7.25%
2 yr to less than 3 years6.00%6.50%
3 yr to less than 5 years             5.50%            6.00%
5 years & above upto 10 years             5.50%            6.00%

Central Bank of India Tax Saving FD Rates

TenureRegular FD interest rate (per annum)
5 years6.25%

Central Bank of India Special Term FD Rates

TenureGeneral Public FD Rates (p.a.) (callable)Senior Citizen FD Rates (p.a.) (callable)
   444 days               7.10%                7.60%
   999 days               6.50%                7.00%

Central Bank of India NRE FD Rates 2024 for Less than Rs.2 crore

TenureInterest Rate
1 year to less than 2 years6.75%
2 years to less than 3 years6.50%
3 years to less than 5 years6.25%
5 years to 10 years6.25%

Central Bank of India NRE FD Rates 2024 for Rs.2 crore to Rs.10 crore

TenureInterest Rate
1 year to less than 2 years6.75%
2 years to less than 3 years6.00%
3 years to less than 5 years5.50%
5 years to 10 years5.50%

Central Bank of India FCNR FD Rates

Period Of DepositUSDGBPEURCADAUD
1 year to less than 2 years5.773.632.004.363.70
2 years to less than 3 years5.624.032.205.364.20
3 years to less than 4 years5.504.132.405.614.55
4 years to less than 5 years5.604.132.405.664.80
5 years only5.654.132.405.664.90
Overdue Deposit4.772.631.003.362.70

Note – Central Bank of India fixed deposit rates are subject to change at the discretion of the bank, the information given here is only the current interest rates given by the bank, when you want to make a fixed deposit in the bank, you should visit the url https://www.centralbankofindia.co.in/en/interest-rates-on-deposit official website of Central Bank of India and confirm.