Calculate Central Bank of India Fixed Deposit maturity amount. FD rates from 6.25% to 6.75% p.a.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Central Bank of India offers Fixed Deposits across multiple tenures. Interest is compounded quarterly.
| Tenure | General Rate | Senior Rate | Maturity (₹1L) |
|---|---|---|---|
| 6 Months | 6.25% | 6.75% | ₹1,03,149 |
| 1 Year | 6.7% | 7.2% | ₹1,06,870 |
| 2 Years | 6.75% | 7.25% | ₹1,14,325 |
| 3 Years | 6.6% | 7.1% | ₹1,21,699 |
| 5 Years | 6.5% | 7% | ₹1,38,042 |
Central Bank offers FD rates ranging from 6.25% to 6.75% p.a. for general citizens. Senior citizens get an additional 0.50% benefit.
The best Central Bank FD rate for general citizens is 6.75% p.a. for 2 Years tenure, and 7.25% for senior citizens.
The minimum deposit amount for Central Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Central Bank currently does not have any special FD scheme. Check with the bank for the latest offers.
Yes, Central Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to \u20B95 Lakh per depositor per bank.