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    Catholic Syrian Bank Fixed Deposit Rates
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    3.5% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Catholic Syrian Bank Fixed Deposit Rates is Rated as "Blown Away!" by 1 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Catholic Syrian Bank Fixed Deposit Rates

    The Catholic Syrian Bank provides a wide range of fixed deposit (FD) schemes that come in different tenure ranges. The bank was established in 1920 in Thrissur with a vision to be a leading ‘South India-based bank’ that provides banking products that cater to the needs of clients. At present, there are as many as 430 branches across the country. Catholic Syrian Bank offers competitive fixed deposit rates.

    Best Fixed Deposit Rates Offered By Catholic Syrian Bank

    Catholic Syrian Bank offers both short and long-term fixed deposits at competitive industry rates. FD accounts can be opened online easily at the click of a button with minimal documentation. The minimum amount of investment in a Catholic Syrian Bank fixed deposit is Rs.100. The minimum period of investment is 7 days and the maximum period of investment is 10 years.

    Catholic Syrian Bank Short-Term Fixed Deposit Rates

    Catholic Syrian Bank offers many short-term fixed deposit schemes. Deposits that range for a tenure of 7 to 14 days offer an interest rate of 3.5% for an amount less than Rs.1 crore. An interest rate of 6.25% is provided on term deposits held for a tenure ranging from 180 to 364 days.

    Catholic Syrian Bank Medium-Term Fixed Deposit Rates

    Catholic Syrian Bank also provides a number of medium-term deposits with interest rates that range from 6.5 to 6.75%. For all deposits held for a period between 1 to 2 years, an interest rate of 6.5% can be earned. Deposits held for 3 years pay interest at the rate of 6.75%, which is the highest paying among all other tenure options.

    Catholic Syrian Bank Long-Term Fixed Deposit Rates

    For deposits that are held for more than 3 years and up to 10 years, an interest rate of 6.5% is provided for deposits less than Rs.1 crore.

    Table of interest rates for Catholic Syrian Bank fixed deposits

    Tenure of deposit Less than Rs.1 crore ( in % ) 1 crore and more ( in % )
    3 to 10 years 6.5 6
    3 years 6.75 6.25
    1 to below 3 years 6.5 6
    1 year 6.5 6
    180 to 364 days 6.25 5.75
    91 to 179 days 5.5 5
    30 to 90 days 5 4.5
    15 to 29 days 4 3.5
    7 to 14 days 3.5 3

    Catholic Syrian Bank Fixed Deposit Rates For Senior Citizens

    Catholic Syrian Bank offers special fixed deposits for senior citizens. The Acharya deposits are specially formulated for those above 60 years. These accounts can be opened with a minimum amount of Rs.5,000.

    Table of interest rates for Catholic Syrian Acharya fixed deposits

    Tenure of deposit Less than Rs.1 crore ( in % ) 1 crore and more ( in % )
    3 to 10 years 7 6
    3 years 7.25 6.25
    1 to less than 3 years 7 6
    1 year 7 6
    180 to 364 days 6.75 5.75
    *All interest rates are given in per annum and are subject to change.

    News About Catholic Syrian Bank Fixed Deposit Rates

    • Catholic Syrian Bank Fixed Deposit Rates

      Post the budget announcement on March 1, fixed deposit rates of Catholic Syrian Banks have undergone changes the very next day. The following changes have taken place considering the tenures and the rates.

      For deposits of less than INR 1 crore, tenures of 7 days to 29 days have an interest rate of 5% per annum. From 30 days to 90 days, the interest rate becomes 6.65% per annum and there’s a 0.25% increase for the tenure of 91 days to 179 days. For 180 days to 364 days, the interest rate becomes 7% per annum. The earlier rate of 7.3% per annum for tenures of 365 days to less than 13 months has been amped up to 7.5% per annum. A 400-day tenure has an interest rate of 7.6% per annum and that is the current highest rate of interest on offer.

      3rd March 2016

    • Catholic Syrian Bank Fixed Deposit Rates

      The offer of lowering rates initiated by the Reserve Bank of India has kept its sway on many banks’ base rates, effectively benefitting loans and other credit facilities, and also reducing the fixed deposit rates or at least changing the tenure categorisation in many banks. Catholic Syrian Bank has also seen its fair share of rate changes in the month of February 2016.

      For a minimum deposit amount of INR 5 lakhs, fixed deposits in CSB will be earning interest at a rate of 5% per annum for a tenure of 7 to 14 days and also for a tenure of 15 to 29 days. The rate increases to 6.65% per annum for a tenure of 6.65% per annum for the next deposit block of 30 days to 90 days. From 91 days to 179 days, the effective ROI is 6.9% per annum and from 180 days to 364 days it has now changed to 7% per annum from the earlier 7.15% per annum. The rate of interest that was fixed at 7.6% per annum for tenures of 1 year to 399 days has also been reduced to 7.50% per annum while the 400 days’ tenure that had an interest rate of 7.75% per annum saw a reduction to 7.60% per annum. For 401 days to 10 years, the interest rate offered is now 7.5% per annum.

      9th February 2016

    • Fixed Deposit Rates in Catholic Syrian Bank

      As per the directive issued by Reserve Bank of India, Catholic Syrian Bank had reduced the interest rates charged on many of its credit instruments. Catholic Syrian Bank fixed deposit rates are among the most competitive in the industry. The bank provides deposits under various schemes such as fixed deposits, tax saving deposits, Acharya deposits for senior citizens etc.

      The rate of interest across different slabs have been slashed. For deposits of duration 180 to 364 days has been reduced by 0.10% from 7.25% to 7.15%.From 365 to 399 days, the increased rate is cut by a fraction of 0.20% and becomes 7.60% from 7.80%. The interest rate decreases by 0.25% for the next time slab of 400 days at 7.75% from the previous rate of 8%. The earlier interest rate of 7.8% for the period of 401 days to and including 120 months has been cut by 0.20% and is now 7.6%.

      24th November 2015

    • Fixed Deposit Rates in Catholic Syrian Bank

      Catholic Syrian Bank has conformed to the directive of the Reserve Bank of India and has reduced the interest rates charged on many of its credit instruments. Along with that, has also come the reduction of interest rates offered on deposits. While savings bank accounts haven’t been as seriously affected, fixed deposits have seen the sticky end of the situation repeatedly.

      As of November 2015, the lowest interest rate offered by Catholic Syrian Bank is at 5% per annum for deposit periods ranging from 7 days to 29 days. The interest rate increases by 2% for the next time slab of 30 to 90 days. For deposits of durations 91 to 179 days, an interest rate of 7.25% per annum is applicable. A fractional increase in the rates allow for a subsequent interest rate of 7.5% per annum for deposit tenure 180 to 364 days. From 365 days to 399 days, the interest rate is increased by another fraction of 0.40% and becomes 7.9% per annum. The maximum interest rate is now available at 8.1% per annum for a deposit tenure of 8.1% per annum.

      11th November 2015

    CBS FD Rates Reviews

    • review Fixed Deposit
      "One of the best bank!!!"
      0.5 5.0/5 "Blown Away!"
      Two months ago I closed this fixed deposit with Catholic Syrian bank because I took home loan with different bank. Interest rate is of 10.25% for staff and it is of compounding in quarterly basis. We have completed several years in market and this is oldest bank where most reliable bank. 1% is of penalty will be charged if we close in between the tenor.
      Was this review helpful? 9
      , mumbai
      Reviewed on Apr 17, 2015
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