#1
21st March 2016, 03:05 PM
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FD Interest Rate in Central Bank of India
Hii Buddy , I want to Know Details about Fixed Deposit Interest Rate of Central Bank of India , Can you please Provide me Same Details ?
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#2
21st March 2016, 03:07 PM
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Re: FD Interest Rate in Central Bank of India
Central Bank of India (CBI) is a Well-Known Public-Sector Bank in India. It Provides Fixed Deposit Schemes at Varying Tenors and Competitive Interest Rates. FD Interest Rates are Increased by 0.5% on all Existing Rates for Deposit-Holdings by Senior Citizens. This Puts Returns for Senior Citizens in the Range of 6.5% to 9.25%. Central Bank of India Short-Term FD Rates The Shortest Period of Holding is 30 days for which the interest rate stands at 6%. It is enhanced by 1.5% for holdings of 60 and 90 days to 7.5%. Returns on a 120-day scheme is 8.2%. This is decreased, marginally, to 8.0% for holdings of 6 and 9 months. Central Bank of India Medium and Long-Term FD Rates Rates are highest on tenors of 1 and 1.5 years at 8.75% and are lower by 0.25% on tenors of 3 years and above (up to 5 years) at 8.50%. Central Bank of India Senior Citizen FD Rates FD interest rates are increased by 0.5% on all existing rates for deposit-holdings by senior citizens. This puts returns for senior citizens in the range of 6.5% to 9.25%. CBIs FD rates are comparably more attractive for short and medium-term holdings when compared to other banks with similar products. |
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