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  #2  
December 9th, 2017, 09:55 AM
Super Moderator
 
Join Date: Mar 2012
Re: Central Bank of India NRI Account

As you are looking for information about Cent Millionaire Recurring Deposit Scheme for Central Bank of India, so here I am giving following information:

Cent Millionaire Recurring Deposit Scheme:
It is a Recurring Deposit Scheme.

Tenure: 10 years

Rate of Interest will be 6.50% w.e.f 26.04.2017.

Monthly Amount to be invested is Rs. 5920/-

Maturity Amount after 10 years Rs. 10 lakh plus

Unique long term monthly recurring deposit scheme for NRIs to save for their future requirements like children’s education, marriage, their own old age and so on.

Period in Years Rate of interest Monthly Installment (Rs.)
1 6.60 8045
2 6.50 3995
3 6.50 2511
4 6.50 1825
5 6.50 1410
6 6.50 1135
7 6.50 940
8 6.50 795
9 6.50 685
10 6.50 595

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