• Central Bank of India FD Calculator

    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.

    Central Bank of India Fixed Deposit Interest Rates

    Maturity Period Interest rate less than 2 cr Interest rate more than 2 cr
    7 -14 days 2.75% 2.90%
    15 - 30 days 2.90% 2.90%
    31 - 45 days 2.90% 2.90%
    46 - 59 days 3.25% 2.90%
    60 - 90 days 3.25% 2.90%
    91 - 179 days 3.90% 2.90%
    180 - 270 days 4.25% 3.00%
    271 - 364 days 4.25% 3.25%
    1 yr to less than 2 yrs 4.90% 3.25%
    2 yr to less than 3 years 5.00% 3.25%
    3 yr to less than 5 years 5.00% 3.25%
    5 years & above up to 10 years 5.00% 3.25%
    555 days NA NA
    777 days NA NA
    Cent Double NA NA

    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.

    FAQs on Central Bank of India Fixed Deposit Calculator

    1. What does n stand for in the formula?

      n is the number of times the interest has been compounded.

    2. What is the highest interest rate of fixed deposit by Central Bank of India?

      You can get 5.00% interest rate on a fixed deposit with Central Bank of India.

    3. Does BankBazaar have a fixed deposit calculator?

      Yes, BankBazaar does have a fixed deposit calculator.

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