Cent Aspire Deposit account is a fixed deposit account that offers an attractive rate of interest. A free Central Bank of India Aspire Credit Card will be issued for tenure that is 3 years and above.
Given below are the eligibility criteria for Cent Aspire Deposit Scheme by Central Bank of India
Given below are the features of Cent Aspire Deposit Scheme
|Account Type||Single and joint account is available under this plan|
|Rate of Interest||3.50% to 5.10%|
|Loan against Cent Deposit Benefit Scheme||No loan or overdraft will be sanctioned against this deposit plan|
|Nomination (if any)||Nominations can be added|
|Auto Renewals||All deposits under the scheme will be under auto-renewal mode. They will be renewed for a similar period on maturity of deposit, so that there is no loss of interest to the customer. Auto renewal is mandatory.|
|Tenure||Deposits Less than Rs.2 crore||Deposits more than Rs.2 crore and up to Rs.10 crore|
|1 years to less than 2 years||4.90%||3.50%|
|2 years to less than 3 years||5.00%||3.50%|
|3 years to less than 5 years||5.10%||3.50%|
|5 years and above and up to 10 years||5.10%||3.50%|
*Interest rates are subject to change without prior warning. Contact the bank for further information. Rates are as of 10 April 2021.
The minimum amount that needs to be deposited in the account is Rs.20,000.
There will be no interest paid whatsoever on premature withdrawals before the completion of 28 days from the date of initiation of the account.
The bank does not offer any special rates for senior citizens for Cent Aspire Deposit account.
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