Central Bank of India FD Calculator 2025
The Central Bank of India fixed deposit calculator will help you estimate the amount of interest you will earn on the amount you have invested in a Central Bank of India fixed deposit. You can use the calculator on the BankBazaar website or the Central Bank of India website.
BankBazaar's Fixed Deposit Calculator
- Step 1: You should go to the BankBazaar website.
- Step 2: Choose the interest rate, type of deposit, deposit amount, and tenure.
- Step 3: Select 'Calculate'.
- Step 4: The interest that you earn and the maturity amount will be shown.
How to Use Central Bank of India Fixed Deposit Calculator
You can easily calculate the maturity value of the amount you have invested in a Central Bank of India fixed deposit by using the Central Bank of India fixed deposit calculator. You have to fill in the fields like tenure, monthly investment amount, and interest rate.
The formula to calculate your amount at maturity is
A = P(1+r/n)^nt
- P is the amount you have invested
- A is the maturity amount
- n is the number of times the interest has been compounded
- r is the rate of interest
- t is the tenure of your deposit
Benefits of Central Bank of India Fixed Deposit Calculator
- It removes the hassle of manual calculation and generates results instantly.
- The calculator's interface is easy to understand.
- You do not have to have any prior knowledge of how to use the calculator.
- You can change the parameters on the calculator.
Domestic Term Deposit Interest Rates
The table below depicts the interest rates offered by the Central Bank of india for deposits of less than Rs. 3 crore. The interest rates are applicable w.e.f. from 10 July 2025.
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
7 days to 14 days | 3.50% p.a. | 4.00% p.a. |
15 days to 30 days | 3.75% p.a. | 4.25% p.a. |
31 days to 45 days | 3.75% p.a. | 4.25% p.a. |
46 days to 59 days | 4.50% p.a. | 5.00% p.a. |
60 days to 90 days | 4.50% p.a. | 5.00% p.a. |
91 days to 179 days | 5.00% p.a. | 5.50% p.a. |
180 to 270 days | 5.500% p.a. | 6.00% p.a. |
271 days to 364 days | 5.50% p.a. | 6.00% p.a. |
1 year to less than 2 years | 6.60% p.a. | 7.10% p.a. |
2 years to less than 3 years | 6.70% p.a. | 7.20% p.a. |
3 years to less than 5 years | 6.50% p.a. | 7.00% p.a. |
The table below depicts the interest rates offered by the Central Bank of India for deposits of Rs. 3 crore to Rs. 10 crore. The interest rates are applicable w.e.f. from 10 July 2025.
Benefits of Central Bank of India Fixed Deposit Calculator
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
7 days to 14 days | 4.50% p.a. | 5.00% p.a. |
15 days to 30 days | 4.50% p.a. | 5.00% p.a. |
31 days to 45 days | 4.50% p.a. | 5.00% p.a. |
46 days to 59 days | 5.00% p.a. | 5.50% p.a. |
60 days to 90 days | 5.25% p.a. | 5.75% p.a. |
91 days to 179 days | 5.25% p.a. | 5.75% p.a. |
180 days to 270 days | 5.50% p.a. | 6.00% p.a. |
271 days to 364 days | 5.50% p.a. | 6.00% p.a. |
1 year to less than 2 years | 6.60% p.a. | 7.10% p.a. |
2 years to less than 3 years | 6.70% p.a. | 7.20% p.a. |
3 years to less than 5 years | 6.50% p.a. | 7.00% p.a. |
5 years & above up to 10 years | 6.50% p.a. | 7.00% p.a. |
Special Term Deposit Interest Rates
- For Callable Deposit
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
444 days | 6.70% p.a. | 7.20% p.a. |
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
555 days | 6.70% p.a. | 7.20% p.a. |
999 days | 6.50% p.a. | 7.00% p.a. |
- For Non-callable Deposit above Rs. 1 crore
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
444 days | 6.80% p.a. | 7.30% p.a. |
Tenure | Rate of Interest for General Public | Rate of Interest for Senior Citizen |
555 days | 6.80% p.a. | 7.10% p.a. |
999 days | 6.60% p.a. | 7.10% p.a. |
FAQs on Central Bank of India Fixed Deposit Calculator
- What does n stand for in the formula?
n is the number of times the interest has been compounded.
- What is the highest interest rate of fixed deposit by Central Bank of India?
You can get 6.70% interest rate on a fixed deposit with Central Bank of India.
- What is the minimum amount required to open an FD account with Central Bank?
The minimum deposit amount required to open an FD account with Central Bank is Rs.5000.
- What are benefits provided to Senior Citizens under Central Bank of India FD scheme?
The Central Bank of India benefits the senior citizen customers by providing 0.50% additional interest over the regular fixed deposit interest rate.
- Is premature withdrawal facility available for Central Bank of India FD?
Yes, premature facility can be availed by all the customers under Central Bank of India fixed deposit scheme to access fund on emergency basis.
- How Central Bank of India FD Calculator benefits the users?
The Central Bank of India FD calculator benefits the users by enabling them to determine an estimated maturity value by entering the principal amount, tenure, and interest rate. Though it does not give actual amount, the estimated value helps in deciding what should be deposit tenure that would be more beneficial in terms of interest earned.
- What is the minimum and maximum tenure for which the customers can open Central Bank of India FD?
The minimum and maximum deposit tenure that you can consider while calculating the FD interest rate using FD calculator or open Central Bank of India FD account are seven days and ten years, respectively.
- What are the details that I need to enter while using Central Bank of India FD calculator?
The details that you need to enter while using Central Bank of India FD calculator are principal amount, tenure of the deposit, rate of interest, and interest to be compounding period, whether annually, half-yearly, or quarterly.
- Do I need to pay any fee to use the Central Bank of Indi FD calculator?
No, you need not to pay any fee to use Central Bank of India online FD calculator.
- What is the formula used by the Central Bank of India FD calculator?
The formula used by the Central Bank of India online FD calculator to determine the FD maturity value is A= P (1+r/n) ^ n x t.
- How does the Central Bank FD Calculator Work?
It is easy and simple to use Central Bank of India FD calculator, where you need to enter the principal or the total investment sum (P), specific tenure (t), rate of interest (r), and the frequency of interest computation (n) to determine the maturity value of Central Bank of India fixed deposit scheme.
- Does BankBazaar have a fixed deposit calculator?
Yes, BankBazaar does have a fixed deposit calculator.
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