Catholic Syrian Bank was established as early as 1920 in Thrissur. The bank provides numerous options when it comes to fixed deposits (FDs). The various types of FD schemes offered include the General FD Income Scheme, Family Welfare Account, Acharya Deposits, CSB Tax Savings Support, and Cumulative Deposits. All term deposits can be opened with minimal paperwork and through the bank’s net banking facility. The interest rates paid begin from 3.50% p.a. and goes on till 6.75% p.a.
Listed in the table below are the latest interest rates offered on Catholic Syrian Bank fixed deposits for regular and senior citizens in 2018:
|Tenure||Regular Interest Rate (per annum)||Senior Citizen Interest Rate (per annum)|
|7 days to 14 days||3.50%||NA|
|15 days to 29 days||4.00%||NA|
|30 days to 90 days||5.00%||NA|
|91 days to 179 days||5.50%||NA|
|180 days to 364 days||6.25%||6.75%|
|365 days to less than 3 years||6.50%||7.00%|
|Above 3 years to 10 years||6.50%||7.00%|
*All interest rates are applicable for deposits that are less than Rs.1 crore
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