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October 7th, 2016, 06:20 PM
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Central Bank Of India Nri Rates
Hello sir, my brother is looking for the central bank of India NRI rates? Is there any one can provide me rates for NRI at central bank of India? The Central Bank of India is a public-sector bank in India. It provides fixed deposit schemes at varying tenors and competitive interest rates. Fixed Deposit rates change when there is a movement in the market rate cycle or when there is a change in banks liquidity requirements. NRE Term Deposits interest rates CBI NRE Term Deposit Interest Rates: Maturity Period Rates for Deposits less than Rs.1 Crore Rates For NRE Deposits of Rs.1 Crore to Rs. 10 Crore (Single Deposit) Existing Rates Revised Rates Existing Rates Revised Rates 14/06/2016 15/09/2016 14/06/2016 15/09/2016 1 yr to less than 2 yrs 7.50 7.40 7.10 6.75 2 yr to less than 3 years 7.50 7.40 7.00 6.75 3 yr to less than 5 years 7.25 7.25 6.75 6.75 5 years & above upto 10 years 7.25 7.25 6.50 6.50 555 days 7.50 7.40 NA NA 777days 7.55 7.45 NA NA FD interest rates: 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 are 8.2%. 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%. Last edited by Neelurk; March 24th, 2020 at 10:21 AM. |
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