Catholic Syrian Bank Fixed Deposit Rates

I want to apply for Fixed Deposit in Catholic Syrian Bank so can you please tell me the Interest Rates on Fixed Deposit in this bank?

[Shaleen]

The Catholic Syrian Bank Limited is a private sector bank with headquarters in the Thrissur district of Kerala, India. It is one of the oldest banks in India. It was established on 26 November 1920.

Interest Rates on Domestic Term Deposits (% Per Annum)
(Effective from 01-03-2016)

Period Below Rs 100 Lac
7 to 14 days (Minimum amount of deposit Rs 5 lac) 5
15 days to 29 days 5
30 days to 90 days 6.65
91 days to 179 days 6.9
180 days to 364 days 7
365 days to less than 13 Months 7.3
13 Months 7.4
Above 13 months to and including 120 Months 7.3

Interest Rate for Acharya Deposits effective from 01.03.2016
Below Rs 100 Lac Rs 100 Lac & above
180 Days to 364 Days 7.5 7.5
365 Days to less than 13 Months 7.8 7.8
13 Months 7.9 7.9
Above 13 months to and
including 120 months 7.8 7.8

Annualised Yield for Domestic Term Deposits (% Per Annum)
Period Deposits of less than Rs 100 lac
12 months 7.5
13 Months 7.64
24 months 7.78
36 months 8.08
48 months 8.39
60 months 8.72
72 months 9.06
84 months 9.42
96 months 9.8
108 months 10.2
120 months 10.61

Acharya Deposits

Period Annualised Yield for Annualised Yield Deposits of less than for Deposits of Rs Rs 100 lac (% p.a.) 100 lac and above
(% p.a.)
12 months 8.03 8.03
13 Months 8.17 8.17
24 months 8.35 8.35
36 months 8.69 8.69
48 months 9.05 9.05
60 months 9.43 9.43
72 months 9.83 9.83
84 months 10.25 10.25
96 months 10.69 10.69
108 months 11.16 11.16
120 months 11.65 11.65

Interest Rates on Domestic Savings Bank Deposits (w.e.f. 03/05/2011)

Domestic Savings Bank Deposits 4.00% p.a.

Contact details-

The Catholic Syrian Bank Ltd.
CSB Bhavan,
Head Office: P.B No. 502, St. Mary''s College Road,
Thrissur - 680 020, Kerala, India.