Citibank FD Interest Rates

Citi Bank is one of the many banks in India which offer fixed deposit accounts. This bank is an excellent choice for an FD account as Citibank FD gives you high rates of interest.

The fixed deposit scheme of Citi Bank is top notch. And Citibank FD Interest Rates offered is also profitable throughout the year.

The Reserve Bank of India, or the RBI, sets some rules regarding the fixed deposit rates specification. However, Citi Bank helps you earn high profits despite the regulations. Especially if you are a businessman, you can earn high profits from the Citibank FD Interest Rates.

Features of Citi Bank Fixed Deposit

Investment Amount  Minimum - Rs.1000 Maximum- No Maximum Limit
Tenure  Minimum - 7 daysMaximum- 10 Years
Interest Rate  Minimum - 2.75 %Maximum- 4.00%

Citi Bank Fixed Deposit Rates 2020

Citi Bank FD Rates in India
Tenure General Public FD Rates Senior Citizen FD Rates
7 days to 14 days 2.75% 3.25%
15 days to 25 days 3.00% 3.50%
26 days to 35 days 3.00% 3.50%
36 days to 45 days 3.00% 3.50%
46 days to 90 days 3.00% 3.50%
91 days to 120 days 3.00% 3.50%
121 days to 150 days 3.00% 3.50%
151 days to 180 days 3.00% 3.50%
181 days to 270 days 3.00% 3.50%
271 days to 400 days 3.00% 3.50%
401 days to 540 days 3.25% 3.75%
541 days to 731 days 3.25% 3.75%
732 days to 1095 days 4.00% 4.50%
1096 days to 1825 days 4.00% 4.50%

Comparison of FD Rates by Top 10 Financial Institutes

Name Interest Rates Tenure  
Axis Bank 5.75% 5 years to 10 years View Details
Bank of Baroda 5.30% 5 years 1 day to 10 years View Details
Bank of India 5.40% 5 years to 10 years View Details
Canara Bank 5.45% 3 years to 10 years View Details
Central Bank of India 5.35% 5 years to 10 years View Details
HDFC Bank 5.50% 5 years 1 day to 10 years View Details
ICICI Bank 5.50% 5 years 1 day to 10 years View Details
IDBI Bank 5.70% 7 years 1 day to 10 years View Details
State Bank Of India 5.40% 5 years to 10 years View Details
Yes Bank 7.00% 1 year to 10 years View Details

Citi Bank Fixed Deposit

Out of all the different kind of bank accounts that a customer can ask for in any bank, fixed deposit is one. A fixed deposit account is one in which you need to deposit a fixed amount of money at regular periods.

There will be given a fixed period after which you can withdraw the entire amount of deposited money along with interest accumulated.

Citi Bank Fixed Deposit Rates in India

It is advisable to reconfirm the FD Rates from the bank before making any decision on basis of data provided below.

For Domestic Deposits - Less than Rs. 2 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (% p.a.)

General Public

Senior Citizen

7 days to 10 days

Less than Rs. 1 cr

3.00%

3.50%

11 days to 14 days

Less than Rs. 1 cr

3.00%

3.50%

15 days to 25 days

Less than Rs. 1 cr

3.25%

3.75%

26 days to 35 days

Less than Rs. 1 cr

3.50%

4.00%

36 days to 45 days

Less than Rs. 1 cr

4.50%

5.00%

46 days to 60 days

Less than Rs. 1 cr

4.75%

5.25%

61 days to 90 days

Less than Rs. 1 cr

4.75%

5.25%

91 days to 120 days

Less than Rs. 1 cr

5.00%

5.50%

121 days to 150 days

Less than Rs. 1 cr

5.00%

5.50%

151 days to 180 days

Less than Rs. 1 cr

5.00%

5.50%

181 days to 270 days

Less than Rs. 1 cr

5.25%

5.75%

271 days to 364 days

Less than Rs. 1 cr

5.25%

5.75%

365 days to 400 days

Less than Rs. 1 cr

5.25%

5.75%

401 days to 540 days

Less than Rs. 1 cr

5.25%

5.75%

541 days to 731 days

Less than Rs. 1 cr

5.50%

6.00%

732 days to 1095 days

Less than Rs. 1 cr

5.50%

6.00%

1096 days and above

Less than Rs. 1 cr

5.50%

6.00%

For Domestic Deposits - Rs 1 cr less than 2 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 10 days

Rs 1 cr less than 2 cr

3.00%

11 days to 14 days

Rs 1 cr less than 2 cr

3.00%

15 days to 25 days

Rs 1 cr less than 2 cr

3.25%

26 days to 35 days

Rs 1 cr less than 2 cr

3.50%

36 days to 45 days

Rs 1 cr less than 2 cr

4.50%

46 days to 60 days

Rs 1 cr less than 2 cr

4.75%

61 days to 90 days

Rs 1 cr less than 2 cr

4.75%

91 days to 120 days

Rs 1 cr less than 2 cr

5.00%

121 days to 150 days

Rs 1 cr less than 2 cr

5.00%

151 days to 180 days

Rs 1 cr less than 2 cr

5.00%

181 days to 270 days

Rs 1 cr less than 2 cr

5.25%

271 days to 364 days

Rs 1 cr less than 2 cr

5.25%

365 days to 400 days

Rs 1 cr less than 2 cr

5.25%

401 days to 540 days

Rs 1 cr less than 2 cr

5.25%

541 days to 731 days

Rs 1 cr less than 2 cr

5.50%

732 days to 1095 days

Rs 1 cr less than 2 cr

5.50%

1096 days and above

Rs 1 cr less than 2 cr

5.50%

 

For Domestic Deposits - Rs 2 cr less than 3 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 10 days

Rs 2 cr less than 3 cr

5.50%

11 days to 14 days

Rs 2 cr less than 3 cr

5.00%

15 days to 25 days

Rs 2 cr less than 3 cr

5.00%

26 days to 35 days

Rs 2 cr less than 3 cr

4.75%

36 days to 45 days

Rs 2 cr less than 3 cr

5.00%

46 days to 60 days

Rs 2 cr less than 3 cr

5.00%

61 days to 90 days

Rs 2 cr less than 3 cr

5.00%

91 days to 120 days

Rs 2 cr less than 3 cr

5.00%

121 days to 150 days

Rs 2 cr less than 3 cr

5.00%

151 days to 180 days

Rs 2 cr less than 3 cr

4.75%

181 days to 270 days

Rs 2 cr less than 3 cr

4.75%

271 days to 364 days

Rs 2 cr less than 3 cr

4.75%

365 days to 400 days

Rs 2 cr less than 3 cr

4.75%

401 days to 540 days

Rs 2 cr less than 3 cr

4.75%

541 days to 731 days

Rs 2 cr less than 3 cr

4.75%

732 days to 1095 days

Rs 2 cr less than 3 cr

4.75%

1096 days and above

Rs 2 cr less than 3 cr

4.75%

 

For Domestic Deposits - Rs 3 cr less than 5 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 10 days

Rs 3 cr less than 5 cr

5.35%

11 days to 14 days

Rs 3 cr less than 5 cr

5.45%

15 days to 25 days

Rs 3 cr less than 5 cr

5.00%

26 days to 35 days

Rs 3 cr less than 5 cr

4.75%

36 days to 45 days

Rs 3 cr less than 5 cr

5.00%

46 days to 60 days

Rs 3 cr less than 5 cr

5.00%

61 days to 90 days

Rs 3 cr less than 5 cr

5.00%

91 days to 120 days

Rs 3 cr less than 5 cr

5.00%

121 days to 150 days

Rs 3 cr less than 5 cr

5.00%

151 days to 180 days

Rs 3 cr less than 5 cr

4.75%

181 days to 270 days

Rs 3 cr less than 5 cr

4.75%

271 days to 364 days

Rs 3 cr less than 5 cr

4.75%

365 days to 400 days

Rs 3 cr less than 5 cr

4.75%

401 days to 540 days

Rs 3 cr less than 5 cr

4.75%

541 days to 731 days

Rs 3 cr less than 5 cr

4.75%

732 days to 1095 days

Rs 3 cr less than 5 cr

4.75%

1096 days and above

Rs 3 cr less than 5 cr

4.75%

 

For Domestic Deposits - Rs 5 cr less than 10 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

7 days to 10 days

Rs 5 cr less than 10 cr

3.25%

11 days to 14 days

Rs 5 cr less than 10 cr

4.60%

15 days to 25 days

Rs 5 cr less than 10 cr

5.35%

26 days to 35 days

Rs 5 cr less than 10 cr

4.75%

36 days to 45 days

Rs 5 cr less than 10 cr

5.00%

46 days to 60 days

Rs 5 cr less than 10 cr

5.00%

61 days to 90 days

Rs 5 cr less than 10 cr

5.00%

91 days to 120 days

Rs 5 cr less than 10 cr

5.00%

121 days to 150 days

Rs 5 cr less than 10 cr

5.00%

151 days to 180 days

Rs 5 cr less than 10 cr

4.75%

181 days to 270 days

Rs 5 cr less than 10 cr

4.75%

271 days to 364 days

Rs 5 cr less than 10 cr

4.75%

365 days to 400 days

Rs 5 cr less than 10 cr

4.75%

401 days to 540 days

Rs 5 cr less than 10 cr

4.75%

541 days to 731 days

Rs 5 cr less than 10 cr

4.75%

732 days to 1095 days

Rs 5 cr less than 10 cr

4.75%

1096 days and above

Rs 5 cr less than 10 cr

4.75%

 

Tax Saver FD (Max Deposit - 1 LPA)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

Tax Saver Deposits - 5 years

Upto Rs. 1 lakh

5.75%

 

Tax Implications:

  1. The amount invested in Fixed Deposit with a tenure of 5 years with Citi Bank is eligible for tax deduction under IT section 80C, whereas the interest earned on the investment is taxable.
  2. The applicable tax will be deducted at source, i.e. Citi Bank, in case the annual interest earned crosses Rs. 10,000.

For NRE Fixed Deposit - Less than Rs. 1 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

365 days to 400 days

Less than Rs. 1 cr

5.25%

401 days to 540 days

Less than Rs. 1 cr

5.25%

541 days to 731 days

Less than Rs. 1 cr

5.50%

732 days to 1095 days

Less than Rs. 1 cr

5.50%

1096 days and above

Less than Rs. 1 cr

5.50%

 

For NRE Fixed Deposit - Rs 1 cr less than 2 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

365 days to 400 days

Rs 1 cr less than 2 cr

5.3%

401 days to 540 days

Rs 1 cr less than 2 cr

5.3%

541 days to 731 days

Rs 1 cr less than 2 cr

5.3%

732 days to 1095 days

Rs 1 cr less than 2 cr

5.3%

1096 days and above

Rs 1 cr less than 2 cr

5.3%

For NRE Fixed Deposit - Rs 2 cr less than 3 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

365 days to 400 days

Rs 2 cr less than 3 cr

4.75%

401 days to 540 days

Rs 2 cr less than 3 cr

4.75%

541 days to 731 days

Rs 2 cr less than 3 cr

4.75%

732 days to 1095 days

Rs 2 cr less than 3 cr

4.75%

1096 days and above

Rs 2 cr less than 3 cr

4.75%

 

For NRE Fixed Deposit - Rs 3 cr less than 5 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (p.a.)

365 days to 400 days

Rs 3 cr less than 5 cr

4.75%

401 days to 540 days

Rs 3 cr less than 5 cr

4.75%

541 days to 731 days

Rs 3 cr less than 5 cr

4.75%

732 days to 1095 days

Rs 3 cr less than 5 cr

4.75%

1096 days and above

Rs 3 cr less than 5 cr

4.75%

 

For NRE Fixed Deposit - Rs 5 cr less than 10 cr (As on October 16, 2019)

MATURITY PERIOD

DEPOSIT AMOUNT

INTEREST RATE (% p.a.)

365 days to 400 days

Rs 5 cr less than 10 cr

4.75%

401 days to 540 days

Rs 5 cr less than 10 cr

4.75%

541 days to 731 days

Rs 5 cr less than 10 cr

4.75%

732 days to 1095 days

Rs 5 cr less than 10 cr

4.75%

1096 days and above

Rs 5 cr less than 10 cr

4.75%

 

Written By: PolicyBazaar - Updated: 19 November 2020
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