Can you tell me about the FD (Fixed Deposit) Interest Rates of CSB or Catholic Syrian Bank as I want to check it before opening an account in it?

Catholic Syrian Bank fixed deposit rates are among the most competitive in the industry. It provides deposits under various schemes such as fixed deposits, tax saving deposits, Acharya deposits for senior citizens etc.

Catholic Syrian Bank short term FD rates
The short term deposit rates vary between 5.00% to 7.15% p.a.
For the shortest brackets of 7 – 14 days and 15 – 29 days term deposits, the lowest interest of 5.00% is applicable, which increases sharply by 1.65% points to 6.65% for the next deposit slab of 30 days to 90 days.
One can avail the best rate of 7.15% for the short term deposits of 180 - 364 days tenure.

The average yield from deposits in this slab is 7.15%, which is among the best short term rates in the fixed deposit segment.
Catholic Syrian Bank medium and long term FD rates
For longer duration fixed deposits exceeding tenure of 365 days and till 399 days, a uniform rate of interest of 7.60% p.a. is applicable.
But one can also opt for the fixed tenure FD of 400 days, which gives the highest interest rate of 7.75% compared to all product offerings from Bank.
For the period exciding 401 days up to 10 years offers steady interest rate of 7.60%.

Catholic Syrian Bank Senior citizen FD rates
Senior citizens receive preferential rates on the fixed deposits.
Senior citizen schemes fall under Acharya Deposit, with interest rates ranging from 7.65% to 8.25%.
For the shortest slab of 180 days to 364 days, customers receive 7.65% rate of interest, which increases significantly to 8.10% for the next slab of 365 days to 399 days.

The highest interest rate of 8.25% is applicable on the 400 days fixed duration deposit scheme. Customers can expect a yield of 8.82% on this deposit scheme.
For all tenures on 401 days and up to 24 months, a uniform interest rate of 8.10% is applicable.