• City Union Bank Fixed Deposit Rates

    City Union Bank offers the Fixed Deposit (FD) scheme at interest rates ranging from 3.00% p.a. to 5.25% p.a. The tenure of the scheme ranges between 7 days and 10 years. Senior citizens may be offered an additional interest rate in case they open an FD scheme with City Union Bank.

    Domestic Term Deposit Interest Rates – Below Rs.2 crore

    Tenure Interest Rate for General Citizens (p.a.) Interest Rate for Senior Citizens (p.a.)
    7 days – 14 days 3.00% 3.00%
    15 days – 45 days 3.00% 3.00%
    46 days – 90 days 3.25% 3.25%
    91 days – 180 days 3.50% 3.50%
    181 days – 270 days 3.75% 3.75%
    271 days – 364 days 4.75% 4.75%
    365 days 5.00% 5.50%
    366 days – 550 days 5.00% 5.50%
    551 days – 2 years 5.25% 5.75%
    Above 2 years – Up to 3 years 5.00% 5.50%
    Above 3 years – Up to 5 years 5.00% 5.00%
    Above 5 years – Up to 10 years 5.00% 5.00%

    *City Union Bank may change the interest rates at any given time without prior notice. The interest rates mentioned above are effective from 1 August 2021.

    Domestic Term Deposit Interest Rates – Rs.2 crore and Above

    Tenure Interest Rate (p.a.)
    7 days – 14 days 3.00%
    15 days – 45 days 3.00%
    46 days – 90 days 3.00%
    91 days – 180 days 3.00%
    181 days – 270 days 3.00%
    271 days – 364 days 3.00%
    365 days 5.25%
    366 days – 550 days 3.25%
    551 days – 2 years 3.30%
    Above 2 years – Up to 3 years 3.00%
    Above 3 years – Up to 5 years 2.50%
    Above 5 years – Up to 10 years 2.00%

    *City Union Bank may change the interest rates at any given time without prior notice. The interest rates mentioned above are effective from 1 August 2021.

    City Union Bank Tax Saver Scheme Interest Rate

    City Union Bank offers an interest rate of 5.25% p.a. for senior citizens and the general public on the Tax Saver FD Schemes.

    City Union Bank NRI FD Rates

    City Union Bank NRE FD Rates

    Tenure Interest Rate (p.a.)
    365 days – 550 days 3.00%
    551 days – 2 years 5.25%
    Above 2 years – Up to 10 years 5.00%

    *City Union Bank may change the interest rates at any given time without prior notice. The interest rates mentioned above are effective from 1 August 2021.

    City Union Bank NRE FD Rates

    Tenure Interest Rate (p.a.)
    7 days – 14 days 3.00%
    15 days – 45 days 3.00%
    46 days – 90 days 3.25%
    91 days – 180 days 3.50%
    181 days – 270 days 3.75%
    271 days – 364 days 4.75%
    365 days 5.00%
    366 days – 550 days 5.00%
    551 days – 2 years 5.25%
    Above 2 years – Up to 3 years 5.00%
    Above 3 years – Up to 5 years 5.00%
    Above 5 years – Up to 10 years 5.00%

    *City Union Bank may change the interest rates at any given time without prior notice. The interest rates mentioned above are effective from 1 August 2021.

    City Union Bank FCNR Rates

    Tenure SGD AUD CAD YEN EUR GBP USD
    1 year and above – Less than 2 years 0.23 0.26 0.57 0.00 0.00 0.34 0.67
    2 years and above – Less than 3 years 0.36 0.36 0.81 0.00 0.00 0.59 0.79
    3 years and above – Less than 4 years 0.58 0.56 1.02 0.00 0.00 0.70 0.99
    4 years and above – Less than 5 years 0.74 0.72 1.18 0.00 0.00 0.77 1.17
    5 years 0.84 0.91 1.29 0.00 0.00 0.82 1.30

    *City Union Bank may change the interest rates at any given time without prior notice. The interest rates mentioned above are effective from 1 August 2021 to 31 August 2021.

    Features and Benefits of City Union Bank Fixed Deposits

    The main features and benefits of the FD account that is offered by City Union Bank are mentioned below:

    • The minimum deposit that must be made is Rs.100.
    • Bulk deposits are allowed.
    • The tenure of the scheme ranges between 7 days and 10 years.
    • Cumulative Deposits can be opened.
    • TDS is applicable.
    • Loans can be availed.
    • Auto-renewal facility is provided.
    • Premature withdrawal facility is provided.
    • An additional interest rate may be provided to senior citizens.
    • You can open an FD account online.

    Documents Required

    The list of documents that must be submitted to open an FD account with City Union Bank are mentioned below:

    • Application form.
    • Proof of address such as driving license, voter ID, Permanent Account Number (PAN) Card, passport, etc.
    • Proof of address such as electricity bill, telephone bill, driving license, voter ID, passport, etc.

    FAQs on City Union Bank Fixed Deposit Rates

    1. Can I open a City Union Bank FD account online?

      Yes, you can open a City Union Bank FD account online.

    2. Is it possible to avail a loan against the FD account?

      Yes, City Union Bank provides the facility to avail a loan against the amount that is available in the account.

    3. What is the minimum deposit that must be made to open an FD account with City Union Bank?

      In order to open an FD account with City Union Bank, the minimum deposit that must be made is Rs.100.

    4. Are senior citizens offered an additional interest rate on NRO Fixed Deposits?

      No, City Union Bank does not offer an additional interest rate for senior citizens on its NRO FDs.

    5. Is TDS applicable in case I open an FD account with City Union Bank?

      Yes, TDS is applicable if you open an FD account with City Union Bank.

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    City Union Bank FD Rates Reviews

    • review
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      I hold a fixed deposit account with City Union Bank. The rate of interest is of 7.25% on my savings. The customer support is good and they are responsive as well. It was easy to open this account and I can do it online. There are no hassles in the overall service.
      Was this review helpful? 2
      , chennai
      Reviewed on Apr 05, 2019
    • review
      review
      "Not too good on the rate"
      0.5 2.5/5 "Just OK"
      I have a fixed deposit with City union bank and the interest that they have for it is not a reasonable rate and i feel that they should be providing a better rate for it. The service was however good at the time of the account being open and the response received was good.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 11, 2017
    • review
      "Awesome"
      0.5 4.0/5 "Great!"
      I am having the fixed deposit account with the City union bank for the rate of interest as 10.25% and I got this interest rate because I am an employee with them. Overall experience is good with them and the interest rate will be compounded based on the schemes. Rate of interest is fixed with the deposits.
      Was this review helpful? 6
      , chennai
      Reviewed on Jan 20, 2016
    • review
      "NICE"
      0.5 4.0/5 "Great!"
      City union bank is giving 8% interest rate for the fixed deposit with the minimum lock in period of one year. I visited the bank to start the plan.The minim amount start is rs.1000 maximum up to 10 lakhs. We will lose the interest in case if we break it within the period.
      Was this review helpful? 6
      , chennai
      Reviewed on Jan 18, 2016
    • review
      "High rate for FD..."
      0.5 4.0/5 "Great!"
      Major reason to opt City Union Bank for fixed deposit is high rate of interest and I can use it for locker facility. We can open online deposit and and cancel the deposit on the portal. Interest rate was around 9.5% to 10% but now its been dropped.
      Was this review helpful? 6
      , chennai
      Reviewed on Dec 31, 2015
    • review
      "Good FD"
      0.5 4.0/5 "Great!"
      CUB FD is fine. It is also good. I am holding this FD for 8 years. Actually my salary account is with the same bank therefore I have opened FD with them. I am holding this FD for a period of 8 years. This FD was opened at the branch after submitting certain documents.
      Was this review helpful? 2
      , coimbatore
      Reviewed on Dec 08, 2015
    • review
      "Excellent facility"
      0.5 5.0/5 "Blown Away!"
      CITI union Bank interset rate is 7.75% they have given a special interest for FD for their staff for 45 days. Customer service offered by them was good. they did not ask for specific documents as they already have my existing proof and KYC with them and there is no additional documents required,
      Was this review helpful? 2
      , kumbakonam
      Reviewed on Oct 23, 2015
    • review
      "Good services"
      0.5 5.0/5 "Blown Away!"
      I opened a fixed deposit with Citi union bank. The services was good. The process just took ten minutes. The rate of interest offered was of 10.25%. There is no charges for this account. The response is good from the bank as well.
      Was this review helpful? 2
      , new delhi
      Reviewed on Sep 12, 2015
    • review
      "Really good "
      0.5 5.0/5 "Blown Away!"
      CITY Union bank FD is really good. They are user friendly and there is no need for me to visit the branch. This deposit was opened over the phone. Internet banking is good the interest rate offered by them was 8.75% which is satisfactory . I have opted for auto renewal. I am entitled to get 80% of the amount as loan.
      Was this review helpful? 4
      , chennai
      Reviewed on Jun 18, 2015
    • review
      "GOOD SERVICE- REASONABLE INTERTEST"
      0.5 5.0/5 "Blown Away!"
      I HAVE DEPOSITS IN CUB THONDAMUTHUR BANK CBE AND CUB VEPPAMPET BR; CHENNAI- THE INTEREST IS BEING CREDITED PROMPTLY AND I GET SMS ALERT VERY ACCURATELY-THE STAFF ARE VERY HELPFUL AND COOPERATIVE-THE LOCATION AND AMBIENCE OF THE BANK IS GOOD
      Was this review helpful? 9
      , coimbatore
      Reviewed on Mar 06, 2015
    • review
      "Customer experience"
      0.5 5.0/5 "Blown Away!"
      I am holding a fixed deposit with City Union Bank. The rate of interest offered by them was 14% approximately. Its near to my place so I have chosen this Bank. They offer value added services like RD, FD however they are not offering any personal loan. The documentation process was very simple and it provides tax benefit as well.
      Was this review helpful? 21
      , secunderabad
      Reviewed on Feb 25, 2015
    • review
      "Overall satisfied"
      0.5 4.5/5 "Excellent!"
      Once in a year or twice, I do the deposit with Citi Union bank. Its a short term fixed deposit I did open as the services would be excellent. Compared with nationalized banks, the interest rate is half yearly compounding rate and its best.
      Was this review helpful? 4
      , kumbakonam
      Reviewed on Jan 06, 2015
    • review
      "Homely banking"
      0.5 5.0/5 "Blown Away!"
      The banking relationship with Citi union bank in terms of fixed deposit is Fantastic. They provide friendly and homely banking services. They treat the customers in a very kind and polite manner. Interest rate is 9.25% which is a good one and their on line banking is best for doing easier transactions. I would say this bank is fulfilling my expectations.
      Was this review helpful? 1
    • review
      "Best Service"
      0.5 4.0/5 "Great!"
      City Union Bank Fixed, I am holding from past 6 years, it was quite easy for opening the account, i got fixed deposit received soft copy immediate, best advantage is interest rate is good but i will get extra 1% high on interest rate, only thing is on line banking is not user friendly.
      Was this review helpful? 0
      , tirupati
      Reviewed on Jul 12, 2014
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