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    Central Bank of India Fixed Deposit Rates 2019
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4.75% - 7.1% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6.5% - 6.6% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.6% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.72% - 8.65% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Central Bank of India Fixed Deposit Rates 2019 is Rated as "Great!" by 23 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Established in 1911, the Central Bank of India is one of the oldest and most trusted banks in the public sector in India.Apart from an array of banking options, the CBI offers a wide range of fixed deposit accounts with good interest rates and varied tenures to meet the requirements of the customer.

    Central Bank of India Fixed Deposit Rates: Under Rs.1 Crore

    Tenure Regular FD interest rate (per annum) Senior citizen FD interest rate (per annum)

    7 days to 15 days

    4.80%

    5.30%

    15 days to 3 months

    5.55%

    6.05%

    Above 3 months to 6 months

    6.50%

    7.00%

    6 months to 1 year

    6.55%

    7.05%

    1 year to 2 years

    6.65%

    7.15%

    2 years to 10 years

    6.55%

    7.05%

    555 days

    6.65%

    7.15%

    777 days

    6.55%

    7.05%

    Cent Double

    6.55%

    7.05%

    *The Central Bank of India FD rates are subject to change at the discretion of the bank. The interest rates given in this table are valid as of 30 January 2019.

    Central Bank of India Fixed Deposit Rates: Rs.1 Crore to Rs.10 Crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days to 15 days

    4.25%

    N/A

    15 days-3 months

    5.25%

    N/A

    Above 3 months to 2 years

    5.75%

    N/A

    2 years to 10 years

    5.50%

    N/A

    *The Central Bank of India FD rates are subject to change at the discretion of the bank. The interest rates given in this table are valid as of 30 January 2019.

    Central Bank of India Term Deposit Rates: Above Rs.10 Crore

    Tenure bracket Regular FD rates (per annum) Senior Citizens FD rates (per annum)

    7 days to 15 days

    4.25%

    N/A

    15 days-3 months

    5.25%

    N/A

    Above 3 months to 13 months

    5.75%

    N/A

    *The Central Bank of India FD rates are subject to change at the discretion of the bank. The interest rates given in this table are valid as of 30 January 2019.

    Minimum and Maximum Central Bank fd interest rates 2019 for Regular and Senior Citizen
    Central Bank of India FD Rates

    Central Bank of India: FD Rates at a Glance

    There Are Various Features And Requirements Of The Fixed Deposit Account Offered By The Central Bank Of India. They Are:

    • The minimum amount required to open a fixed deposit account is Rs.100.
    • An individual, a private or a public company, Hindu Undivided Families, as well as minors accompanied with a guardian can open a fixed deposit account with the CBI.
    • Interest which is earned is given on a half-yearly basis or at the time of maturity.
    • Tenure of the fixed deposit account of CBI ranges from a minimum of 7 days and a maximum of 10 years.

    Other Types Of Fixed Deposit Schemes Which Central Bank Of India Offers:

    Money Multiplier Deposit Certificate: Ranging for a minimum period 6 months to a maximum of 10 years, this type of fixed deposit can help you multiply the deposit amount. The interest earned is added to the principal amount resulting in a higher rate of interest.

    Monthly Interest Deposit Receipt: Here, a customer can earn interest on a monthly basis without it affecting the principal amount. The minimum amount to open this fixed deposit account is Rs.5,000 and tenure ranges from 1 year to 10 years.

    Quarterly Interest Deposit Receipt: This type of fixed deposit account is the same as the Monthly Interest Deposit Account, where the only difference is the customer can earn interest on a quarterly basis (every 3 months) without the principal amount being affected.

    Cent Double: This fixed deposit account has a fixed rate of interest of 6.50% per annum.

    Cent 555: The tenure of this FD account is exactly 555 days with a fixed rate of interest as 6.50% per annum for regular and senior citizens. The minimum amount required to open the Cent 555 account is Rs.1,000.

    Cent 777: Having a tenure of 777 days, the Cent 777 FD account has a rate of interest 6.50% per annum for regular citizens only. Minimum amount to open this account is Rs.1,000.

    Cent Tax Saving Deposit: The amount under this type of fixed deposit account will have benefits of tax under Section 80C of the Income Tax Act.

    The Central Bank of India also offers fixed deposit schemes for NRIs. These accounts can be in the form of RFC, FCNR or NRO. Customers have the option to choose from a varied range of tenure and receive benefits of high interest rates.

    Central Bank of India Fixed Deposit Reviews

    • Central Bank of India Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I deposited 50K as an FD in Central Bank of India. I haven't withdrawn the deposit and they provides annual interest for the FD. It was easy to start the FD and they also gave me a credit card based on the fixed deposit. Overall it has been a easy process opening FD with the Central Bank of India.
      Was this review helpful? 10
      , chennai
      Reviewed on Jun 25, 2018
    • Central Bank of India Fixed Deposit
      "Good Returns"
      0.5 5.0/5 "Blown Away!"
      I had this Fixed Deposit with Central Bank and they gave me 9% Interest over my investment and I took the Deposit for 3 years. Eventually I got good returns with them. Unfortunately, now they have reduced the interest rate to 6-6.5%. Another good thing about the FD was that I was able to take money before maturity period also.
      Was this review helpful? 7
      , ahmedabad
      Reviewed on Nov 28, 2017
    • Central Bank of India Fixed Deposit
      "Good returns"
      0.5 3.0/5 "Satisfactory"
      I deposited Fixed Deposit in two Banks some 3 years back and this is one of those two. Their Fixed Deposit account is pretty good and does the job fantastically. The rate of interest 6.5% is a little less compared to market standard, but then again the risk factors in this Bank are literally zero.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 25, 2017
    • Central Bank of India Fixed Deposit
      "CBI is the best bank for Fixed Deposit"
      0.5 4.5/5 "Excellent!"
      HI! This is Santosh, I had been using from last 8 years with best service without any issue. This Bank Fixed Deposit rate of interest is higher then other banks. The Banking and services are good, There is no Fixed deposit breaking charges. I will recommend this Bank for the Best FD services.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 18, 2017
    • Central Bank of India Fixed Deposit
      "Fund transfer"
      0.5 0.5/5 "Unacceptable"
      The worst banking system I have ever seen. if i want to transfer amt to other bank through IFSC they can't detect the bank or automatically logged out .if I want current statement they can't.net banking automatically logged out.if i go for pass book entry server down problem. if I go to ATM only 2k available etc...
      Was this review helpful? 4
      , kolkata
      Reviewed on Jun 01, 2017
    • Central Bank of India Fixed Deposit
      "deposite cash"
      0.5 4.5/5 "Excellent!"
      may i deposite 2lacks in once transection. i hope that is central bank of india.if i can deposite, i hard that CBI bank are very nice,cool,great. so i select this bank for saving into my accountCentral bank of India is giving good interest rate for the fixed.
      Was this review helpful? 2
      , new delhi
      Reviewed on Oct 08, 2016
    • Central Bank of India Fixed Deposit
      "CENTRAL BANK OF INDIA FD"
      0.5 5.0/5 "Blown Away!"
      Central bank of India is giving good interest rate for the fixed deposit for the minimum lock in period of one year and 4% - 5% interest rate for the minimum of three months. There is no activation charges. They are very quick in responding to their customers.
      Was this review helpful? 16
      , bikaner
      Reviewed on Aug 09, 2016
    • Central Bank of India Fixed Deposit
      "Good rate "
      0.5 3.0/5 "Satisfactory"
      Central bank of India is giving 8% interest rate for the fixed deposit for the minimum lock in period of one year and 4% - 5% interest rate for the minimum of three moths. There is no activation charges. I visited the bank t o avail the facility but they took much time to give the response. .
      Was this review helpful? 9
      , ahmedabad
      Reviewed on Feb 22, 2016
    • Central Bank of India Fixed Deposit
      "Best"
      0.5 5.0/5 "Blown Away!"
      I am having the fixed deposit account with the Central bank of India. Interest rate was around 7.75% and it will be compounded for every quarter of the year. The minimum lock in period is nil with them. Customer service is best with them and online banking facilities too.
      Was this review helpful? 12
      , coimbatore
      Reviewed on Feb 04, 2016
    • Central Bank of India Fixed Deposit
      "Moderate.."
      0.5 3.0/5 "Satisfactory"
      I had fixed deposit for two lakhs but I closed that deposit. As I used that amount to buy a new home. I did not pay any penalty to break the policy. Staff members of Central Bank of India are not customer friendly and they are not treating well the customers.
      Was this review helpful? 9
      , ahmedabad
      Reviewed on Jan 30, 2016
    • Central Bank of India Fixed Deposit
      "better..."
      0.5 4.0/5 "Great!"
      Saving account is there at Central Bank of India so I preferred for fixed deposit. I believe the rate for deposit is 7.5% to 8%. On my convenient time I can close the deposit and definitely the bank will deduct some penalty for it. Nationalized banks will be better for deposits.
      Was this review helpful? 7
      , ghaziabad
      Reviewed on Jan 22, 2016
    • Central Bank of India Fixed Deposit
      "Excellent !!!!!"
      0.5 5.0/5 "Blown Away!"
      Central bank of India gave 8.75% for the fixed deposit with the minimum lock in period of 7 days to 10 years. Minimum amount to deposit is Rs.5000. No penalty in case we break the plan . We can active the plan through online.After the maturity period the amount will be deposit to the account.
      Was this review helpful? 11
      , sagar
      Reviewed on Oct 27, 2015
    • Central Bank of India Fixed Deposit
      "Good Bank"
      0.5 4.0/5 "Great!"
      I have a fixed deposit with Central Bank of India. The services are good when compared to other banks. Earlier I was getting 9% of interest rate and now as per RBI rules it is 8%. There are no charges for this account. I been using this account for the last four months. The services has been good so far.
      Was this review helpful? 8
      , vijayawada
      Reviewed on Sep 08, 2015
    • Central Bank of India Fixed Deposit
      "Give Good Offers..."
      0.5 1.0/5 "Really Bad"
      I have a fixed deposit running in central bank of India. I have taken this for my child. It was easy to start a FD with them. The total maturity period is 3 years and I have completed 2 years. The rate of interest they are offering is less. Once if the FD is matured it cannot be continued, it must be broke and we have to again apply for a different one. It is a drawback. Apart from that everything is good.
      Was this review helpful? 5
      , chennai
      Reviewed on Aug 26, 2015
    • Central Bank of India Fixed Deposit
      "Better"
      0.5 4.0/5 "Great!"
      Fixed deposit rate of interest with the Central Bank of India is 9.25% and am happy with that.The services are really good with them.The minimum lock in period is 1 year of time but if we breakdown the fixed deposit before also they will not charge us anything but we are losing our interest rate.The services are good with them.
      Was this review helpful? 9
      , ahmedabad
      Reviewed on Jul 22, 2015
    • Central Bank of India Fixed Deposit
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken a Fixed deposit plan from Central bank of India in which the interest rate offered is 8.3% the minimum lock in period is for 1 year. There is no penalty in case if we take the amount in between the lock in period. To withdraw the amount we have to visit the bank and sunder the bond. Customer service is not do good as the private banks. To activate the plan we have to deposit Rs.20,000 .
      Was this review helpful? 3
      , faridabad
      Reviewed on Jul 08, 2015
    • Central Bank of India Fixed Deposit
      "Worst Service & Worst bank"
      0.5 0.5/5 "Unacceptable"
      I have a Aspire Credit card and i already paid a due amount and bank has deducted same amount again in 15 days the bank branch manager says that we have not responsible for this card. Then why you give this aspire card to customers. And very Worst response from staff is like you have to contact call center or Mumbai Head office about this query. if they are answering like this then why they are doing job there. Very Worst Service Never go for any work to this bank Thanks.
      Was this review helpful? 13
      , ahmedabad
      Reviewed on Jun 03, 2015
    • Central Bank of India Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I am holding a fixed deposit with Central bank. They provide 1% high interest rate for the staff and for senior citizen it is 0.5%. As a staff we hardly take 5 minutes to open the account and provide the receipt it is that simple. Incase if the customer does not hold an account with us we ask for voters id incase if dont have an account we provide first 20k through cash and the rest would be transferred to savings account.
      Was this review helpful? 8
      , madurai
      Reviewed on May 09, 2015
    • Central Bank of India Fixed Deposit
      "best customer service"
      0.5 5.0/5 "Blown Away!"
      I am dealing with CBI cheeka from last 1 year. Customer service is very good as compared to other bank and interest rate is at par with other bank. Net bankig is very good. I can make fd through net banking and can close it through net banking also. No need to visit branch always.
      Was this review helpful? 27
      , cheeka
      Reviewed on Feb 17, 2015
    • Central Bank of India Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      I took fixed deposit from Central Bank of India two years ago and they are giving very good benefits for FD holders but not I could not recall all the things. The rate of interest is around 9.2% so it is reasonable and good in customer service. For tenure of five years I opened FD and they are giving good offers.
      Was this review helpful? 13
      , kolkata
      Reviewed on Nov 26, 2014
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