Fixed Deposit Rate of Central Bank Of India

Tenure Interest Rates for Regular Deposit Interest Rates for Senior Citizen
7 days to 14 days 4.00% -
15 days to 30 days 4.25% -
31 days to 45 days 4.25% -
46 days to 59 days 4.25% -
60 days to 90 days 4.25% -
91 days to 179 days 6.50% -
180 days to 270 days 6.50% -
271 days to 364 days 6.50% -
1 year to 1 year 364 days 6.50% -
2 years to 2 years 364 days 6.50% -
3 years to 4 years 364 days 6.50% -
5 years to 10 years 6.50% -

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Central Bank, established in the year 1911 and comes under the category of Government-owned banks offering attractive interest rates on various schemes. The section of the article below highlight the key points of Central Bank FD interest rates.

FD in Central bank is expenditure in which the interest rates are assured not to change for the specified term, so you know the exact value of your investment in hand. Banking assistance is available for all places, including private and business clients. Even, there exist professional services for the non-resident Indians, experts, ladies, and also the agricultural sector.

The Central Bank of India FD rates offers the fixed deposit interest rates given that they deeply vary from each other based on their terms. The perfect to go period is one-two years. This session offers the maximum rates of interest up to 7.00%. The rates offered at other events are similarly decent enough let’s assume for above two years as high as 7.00 % and just a 6.90 % for the period less than a year.

The rates of interest for this fiscal equipment are much more than accounts savings rates of interest, yet they lack behind in offering required liquidity. Even though one could avail a loan of it, still one cannot retreat whatever sum one likes whenever people need.

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