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5th December 2015, 09:01 AM
Super Moderator
 
Join Date: May 2012
Re: FD in Corporation Bank

As per your demand I will help you here to get the information about the Fixed Deposit facility of Corporation Bank so that you can have idea about it?

Term Deposit of FD

Term Deposits (Other than NRE)
Maturity Band Less than Rs.1 Crore(applicable for domestic, NRO and Capital Gains deposits)

7 to 14 days 5.50

15 to 45 days 6.00

46 to 60 days 6.00

61 to 90 days 6.25

91 to 120 days 7.00

121 to 180 days 7.00

181 to 270 days 7.00

271 days to less than 1 year 7.00

1 year only 7.25

Above 1 year to less than 2 years 7.25

2 years & above 7.25


Here is the information about the FD
Scheme

A regular income scheme in which interest can be paid at regular intervals viz. monthly, quarterly, half yearly or yearly at the option of the depositor.

Who can open :
An Individual in his/her own name.
Individuals in their joint names with suitable repayment instructions.
Minor represented by parents / guardian.
Clubs, Societies, Associations, Educational Institutions, Trusts, Firms, Partnerships, Joint Stock Companies, Executors, Administrators, HUFs, Govt. Departments, etc.

Period of Investment
7 Days to 120 months


Amount of Deposit
Minimum Rs.500/- in Rural & Semi Urban Branches & Rs.1,000/- in Urban, Port town & Metro Branches.
No Maximum Limit on deposit.

Rate of Interest
The rate of interest depends on the period of deposit, payable at the rate as decided by the Bank from time to time.

Address:-
Corporation Bank
Mangaladevi Temple Road
Pandeshwar
MANGALORE - 575 001
Karnataka, India

Phone:-
91-824-2861888


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