• Corporation Bank Fixed Deposit Interest Rates 2019

    • Any individual, club, society, trust, firm, partnerships, etc., can apply for a fixed deposit account with the bank.
    • The tenure of Corporation Bank FD starts from 7 days.
    • Minimum amount required to open a fixed deposit account is Rs.500 for semi-urban branches and for metro branches and port towns, minimum amount is Rs.1,000.
    • Interest can be compounded monthly, quarterly, half yearly or annually as needed by the account holder.
    • Interest amounting up to Rs.10,000 annually will be subjected to tax cut.

    Corporation Bank Domestic FD Interest Rates: Less than Rs.2 Crore

    Tenure Regular FD rates (per annum)
    7 to 14 days 5.00%
    15 to 45 days 5.00%
    46 to 60 days 6.00%
    61 to 90 days 6.00%
    91 to 120 days 6.25%
    121 to 180 days 6.25%
    181 to 270 days 6.50%
    271 days to less than 1 year 6.50%
    1 year to 554 days 6.80%
    555 days only 6.85%
    556 days to 665 days 6.80%
    666 days 6.90%
    667 days to less than 3 years 6.50%
    3 years & Above 6.50%

    *The rates given here are effective as of 10 September 2019.

    Corporation Bank NRE FD rates:

    Tenure Less than Rs.2 Cr Rs.2 Cr < Rs.10 Cr Rs.10 Cr < Rs.50 Cr Rs.50 Cr < Rs.100 Cr Rs.100 Cr & above
    1 Year to 554 days 6.80 6.50 5.00 5.00 5.00
    555 days only 6.85 6.50 5.25 5.40 5.30
    556 days to 665 days 6.80 6.50 5.25 5.40 5.30
    666 days only 6.90 6.50 5.25 5.40 5.30
    667 days to less than 3 years 6.50 6.50 5.25 5.40 5.30
    3 years and above 6.50 6.25 5.00 5.00 5.00

    *The Corporation Bank NRE FD interest rates are subject to change at the discretion of the bank. The rates given here are effective as of 10 September 2019.

    FCNR and RFC Term Deposit:

    RFC and FCNR(Foreign Currency Non-Resident) term deposits are also offered by Corporation Bank. Under FCNR term deposit, the currencies accepted are United States Dollar, Great Britain Pound, Australian Dollar, Canadian Dollar and Euro.

    For RFC term deposit, only major currencies are accepted are United States Dollar, Great Britain Pound and Euro. Tenure for FCNR deposits range from a minimum of 1 year to a maximum of 5 years.

    Corporation Bank FCNR (B) Term Deposit rates

    Tenure
    FCNR (B) FD rates (per annum)
    EUR CAD USD AUD GBP
    1 year to less than 2 years 0.01% 3.00% 2.55% 1.34% 1.17%
    2 years to less than 3 years 0.01% 2.15% 2.29% 1.23% 1.15%
    3 years to less than 4 years 0.01% 2.09% 2.17% 1.23% 1.12%
    4 years to less than 5 years 0.01% 2.06% 2.12% 1.32% 1.10%
    5 years 0.01% 2.03% 2.09% 1.36% 1.09%

    *The rates given here are effective as of 10 September 2019.

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    Corporation Bank Fixed Deposit Reviews

    • Corporation Bank Fixed Deposit
      "Comfortable Fixed deposit"
      0.5 4.0/5 "Great!"
      I have opt for five years of fixed deposit with Corporation Bank. I can invest minimum of Rs. 1000 and max amount, they are providing the current interest of 7.5% per annum but I can also prolong the duration. I have online option to deposit the fd amount, even the maturity comes along the interest to the direct account.
      Was this review helpful? 2
      , mumbai
      Reviewed on Jul 15, 2019
    • Corporation Bank
      Corporation Bank Fixed Deposit
      "Average"
      0.5 4.0/5 "Great!"
      I had account with Corporation Bank and its very old one. I put fixed deposit before 3 to 4 years. The interest rate was around 7% which was minimum compared to others but am satisfied. I have deposited for 5 years. Actually have not taken any benefits, just have invested. The customer service was okay.
      Was this review helpful? 4
      , pune
      Reviewed on Jan 04, 2019
    • Corporation Bank Fixed Deposit
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I've a fixed deposit with the CORPORATION bank. The deposit is 50000 an they offers 9% annum. I've deposited for the five years. It was easy to start the deposit but I am not happy with their services as they don't provide any additional benefits to their customers.
      Was this review helpful? 6
      , bangalore
      Reviewed on Jun 18, 2018
    • Corporation Bank Fixed Deposit
      "average service"
      0.5 3.0/5 "Satisfactory"
      Service is very good ,response of their representatives was very good and responsible. They have some problem with their online application during the payments and other transactions are very slow with their application ,still overall service is good from CORPORATION bank.
      Was this review helpful? 1
      , bangalore
      Reviewed on Sep 30, 2017
    • Corporation Bank Fixed Deposit
      "Excellent"
      0.5 3.5/5 "Pretty good"
      I had the fixed deposit account with the Corporation bank and the interest rate was around 11%. Customer service was good and they are having the online application to track my account. Responsiveness is good with the corporation bank.
      Was this review helpful? 12
      , mysore
      Reviewed on Feb 01, 2016
    • Corporation Bank Fixed Deposit
      "pretty good offer"
      0.5 4.0/5 "Great!"
      Interest rate offered for fixed deposit is 9% from corporation bank i have taken for three years tenure. They have the activation charges which is minimum. Depends upon the tenure they fix the amount but the minimum amount is Rs.10,000 appropriately. It is pretty good offer.
      Was this review helpful? 10
      , bangalore
      Reviewed on Nov 02, 2015
    • Corporation Bank Fixed Deposit
      "Feedback"
      0.5 4.0/5 "Great!"
      Corportion bank FD was good. I have been holding this FD for more than 8 years it was basically a long term plan . Interest rate offered by them was good and there was no processing fee here. As my mom is working there she advised me to invest here.
      Was this review helpful? 4
      , bangalore
      Reviewed on Oct 31, 2015
    • Corporation Bank Fixed Deposit
      "No great feature as similar to other banks..."
      0.5 4.0/5 "Great!"
      Benefits of Fixed Deposit are quite similar to other bank. Interest rate differs depending on tenure period that customer select. The interest rate normally ranges between 7 to 9%. Partial amount cannot be dropped in midst of the tenure but we can pre close that where Corporation bank provides interest for that particular period.
      Was this review helpful? 2
      , new delhi
      Reviewed on Sep 26, 2015
    • Corporation Bank Fixed Deposit
      "Good "
      0.5 3.0/5 "Satisfactory"
      I am having the fixed deposit account with the Corporation Bank. The minimum lock in period is around 3 years and the rate of interest is around 8% per annum. Services are good with them. They are not responsiveness towards the customers. I would like to suggest they should improve the response towards the customers.
      Was this review helpful? 5
      , bangalore
      Reviewed on Sep 10, 2015
    • Corporation Bank Fixed Deposit
      "Good services"
      0.5 4.0/5 "Great!"
      I also have a fixed deposit with Corporation bank. The services are good from them. I have not faced any issues yet. I am happy with the rate of interest given by the bank. They offer a interest rate of 8%. It has only been a year with them for this fixed deposit. They do no charge for this account. Not sure if there would be a penalty fee if I closed my account before the maturity period.
      Was this review helpful? 1
      , vijayawada
      Reviewed on Sep 08, 2015
    • Corporation Bank Fixed Deposit
      "Satisfactory"
      0.5 4.0/5 "Great!"
      Initially I had a salary account in Corporation bank. Later I opted for a fixed deposit around 3 years back. The rate of interest was 9.2% approx. I would say that the services are better. Being a government bank they provide good services. The lockin period is 7 years. There are no preclosure charges.
      Was this review helpful? 5
      , ghaziabad
      Reviewed on Jan 18, 2015
    • Corporation Bank Fixed Deposit
      "Simple and Good Bank"
      0.5 4.5/5 "Excellent!"
      Processes are Simple for users and you can do lot of stuff online. Good Bank to bank upon. Nice fixed deposit interest rates. Have Branches at most of the places so its easy to reach them. Very friendly staff and helpful. Loan approvals are not that easy.
      Was this review helpful? 5
      , bangalore
      Reviewed on Jan 16, 2015
    • Corporation Bank Fixed Deposit
      "Its good"
      0.5 5.0/5 "Blown Away!"
      Corporation bank has offered very good interest rate for Fixed deposit and there are no hidden charges. Basis my entire experience, really satisfied and appreciable customer service. Response is wonderful and getting proper follow up in terms of deposit.
      Was this review helpful? 3
      , pune
      Reviewed on Dec 18, 2014
    • Corporation Bank Fixed Deposit
      "Good"
      0.5 3.5/5 "Pretty good"
      I did open fixed deposit in Corporation bank and it was good initially however it needs lots of improvement as the front office executives is not quite professional. The maturity amount is quite beneficial and it would be better if they could respond to all queries.
      Was this review helpful? 3
      , bangalore
      Reviewed on Dec 12, 2014
    • Corporation Bank Fixed Deposit
      "Good"
      0.5 4.0/5 "Great!"
      The rate of interest is around 9% to 10%, which I feel to be high on Fixed deposit. Corporation bank is good in customer service and responsiveness is also good. Overall, I am glad about corporation bank as an existing customer for more than five years.
      Was this review helpful? 6
      , delhi
      Reviewed on Oct 30, 2014
    • Corporation Bank Fixed Deposit
      "Excellent"
      0.5 4.0/5 "Great!"
      I am really satisfied with the payment option because payment option is flexible for me and I can do payment from 5,000 to 50,000 in the month. Recently I have availed Fixed deposit with Corporation bank and online features are good. The rate of interest on my Fixed deposit is 9% but according to me the rate offered to me is low while comparing to other banks. As corporation bank being a nationalized bank they could increase the rate of interest.
      Was this review helpful? 3
      , bangalore
      Reviewed on Oct 17, 2014
    • Corporation Bank Fixed Deposit
      "Very good interest rate"
      0.5 5.0/5 "Blown Away!"
      I got a very good interest rate from Corporation bank, so opted for this fixed deposit. They do provide 13% interest rate which is impressive one. I get customer friendly services from them. I do cash deposits by visiting the branch where it gets done within few hours.
      Was this review helpful? 10
      , bangalore
      Reviewed on Sep 16, 2014
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