Central Bank 3 Years FD rate: 6.6% (general) & 7.1% (senior citizen). Maturity for ₹5 Lakh: ₹6,08,497.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Central Bank of India offers 3 Years Fixed Deposit at 6.6% p.a. for general citizens and 7.1% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 0.50% penalty on applicable rate.
Tenure: 3 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹30,425 | ₹5,425 | 21.7% |
| ₹50K | ₹60,850 | ₹10,850 | 21.7% |
| ₹1 Lakh | ₹1,21,699 | ₹21,699 | 21.7% |
| ₹2 Lakh | ₹2,43,399 | ₹43,399 | 21.7% |
| ₹5 Lakh | ₹6,08,497 | ₹1,08,497 | 21.7% |
| ₹10 Lakh | ₹12,16,994 | ₹2,16,994 | 21.7% |
| ₹25 Lakh | ₹30,42,486 | ₹5,42,486 | 21.7% |
| ₹50 Lakh | ₹60,84,972 | ₹10,84,972 | 21.7% |
| ₹1 Crore | ₹1,21,69,944 | ₹21,69,944 | 21.7% |
Central Bank offers 3 Years Fixed Deposit at 6.6% p.a. for general citizens and 7.1% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Central Bank for 3 Years at 6.6% (quarterly compounding) will mature to approximately ₹6,08,497. The interest earned would be ₹1,08,497.
Yes, Central Bank offers an additional benefit for senior citizens with a rate of 7.1% p.a. for 3 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Central Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Central Bank's premature withdrawal policy: 0.50% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.