I want to know the NRE Term Deposits rates of Central Bank of India so can you please tell me?

Central Bank of India is a government-owned bank based in Mumbai, Maharashtra. It is one of the oldest and largest commercial banks in India. The bank was established on 21 December 1911.

NRE Term Deposit Interest Rates w.e.f 19/10/2015.

Maturity Period Rates for Deposits less Rates for NRE Deposits of Rs.1
than Rs.1 Crore Crore to Rs. 10 Crore (Single Deposit)
Existing Revised Existing Revised
Rates Rates Rates Rates
08/10/2015 19/10/2015 08/10/2015 19/10/2015
1 yr to less than 2 yrs 8.00 7.75 7.50 7.25
2 yr to less than 3 years 8.00 7.75 7.50 7.25
3 yr to less than 5 years 8.00 7.50 7.50 7.25
5 years & above upto 10 years 8.00 7.50 7.25 7.25
555 days 8.00 7.75 NA NA
777days 8.05 7.80 NA NA

MIDR/QIDR also can be opened under 555 days/ 777 days
schemes.

Additional benefit of interest is not allowed to either Senior citizen or ex-staff/staff.

In case of premature withdrawal No interest payable if closed before completion of 1 year. 1% penal interest to be applied (as applicable) if closed before maturity after completion of 1 year.

Premature withdrawal is not allowed if a loan is availed against the deposit.