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    Corporation Bank Fixed Deposit Interest Rates 2019
     and 2 other FDs
    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    5% - 7.10% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year onwards
    6.65% - 6.75% 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
    Corporation Bank Fixed Deposit Interest Rates 2019 is Rated as "Great!" by 16 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Corporation Bank, headquartered in Mangalore, is one of the oldest public sector banks in India. Established in 1906, the Corporation Bank offers a wide range of services catering to domestic as well as the NRI population. The bank offers various options for term deposits with competitive interest rates and a wide range of tenure options.

    The Fixed Deposit Rates For Corporation Bank For Deposits Under Rs.1 Crore Are:

    Tenure Regular FD interest rate (per annum) Senior citizen FD interest rate (per annum)
    7 days to 14 days 4.50% 5.00%
    15 days to 45 days 4.50% 5.00%
    46 days to 2 months 5.50% 6.00%
    More than 2 months to 3 months 5.50% 6.00%
    More than 3 months to 4 months 6.00% 6.50%
    More than 4 months to 6 months 6.00% 6.50%
    More than 6 months to 9 months 6.35% 6.85%
    More than 9 months to less than 1 year 6.35% 6.85%
    1 year 6.60% 7.10%
    More than 1 year to 443 days 6.50% 7.00%
    444 days only 6.65% 7.15%
    445 days to 554 days 6.50% 7.00%
    555 days only 6.70% 7.20%
    556 days to 665 days 6.50% 6.00%
    666 days only 6.80% 7.30%
    667 days to less than 3 years 6.50% 7.00%
    3 years only 6.50% 7.00%
    Minimum and Maximum Corporation Bank fd interest rates 2019 for Regular and Senior Citizen
    Corporation Bank FD Rates

    Corporation Bank Fixed Deposit:

    • Any individual, club, society, trust, firm, partnerships, etc., can apply for a fixed deposit account with the bank.
    • The tenure of fixed deposit ranges from a minimum of 7 days to a maximum of 10 years.
    • 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 upto Rs.10,000 annually will be subjected to tax cut.

    Short-term Deposits:

    • For short-term deposits, the tenure ranges between 7 days to 1 year. Rate of interest ranges between 4.50% per annum to 6.60% per annum for regular citizens. For senior citizens, the rate of interest being 0.50% higher, per annum ranges from 5.00% per annum to 7.10% per annum.
    • The lowest rate of interest ranges for a tenure of 7 days to 14 days and offers an interest rate of 4.50% per annum for regular citizens. For senior citizens, interest rate is 5.00% per annum.
    • Interest rates are the highest when deposits are made for a tenure of 1 year exactly. Rate of interest is 6.60% per annum for regular citizens and 7.10% per annum for senior citizens.
    • Between a period of 46 days to less than one year, interest rates for regular citizens, ranges between 5.50% per annum to 6.35% per annum. For the same period, rate of interest ranges between 6.00% per annum to 6.85% per annum for senior citizens.

    Medium-term Deposits:

    • Tenure for medium-term deposits ranges from more than 1 year to less than 3 years.
    • The highest rate of interest in this tenure category is 6.80% per annum for regular citizens and 7.30% per annum for senior citizens. The interest is offered for a tenure of 666 days only.
    • For a tenure of 555 days, the rate of interest is 6.70% per annum and 7.20% per annum for regular citizens and senior citizens respectively.
    • 6.50% per annum for regular citizens and 7.00% per annum for senior citizens is the common interest rate offered under this range of tenure.

    Long-term Deposits:

    • The tenure ranges for 3 years and more.
    • Rate of interest is 6.50% per annum for regular citizens and 7.00% per annum for senior citizens.

    Tax Saver Fixed Deposits:

    The Corporation Bank also offers a term deposit of a fixed period of 5 years. If opted for, the account holder can receive tax benefits upto Rs.1.5 lakh under the Section 80C of the Income Tax Act.

    Minimum amount required for opening a Tax-Saver fixed deposit account is Rs.100 and the maximum amount is Rs.1,50,000.

    Senior citizens will receive additional rate of interest.

    Non Resident Indians Fixed Deposit

    Corporation Bank also offers fixed deposit services for Non-resident Indians.

    Corporation Bank NRE Fixed Deposit rates: Under Rs.1 crore

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

    1 year

    6.80%

    N/A

    Above 1 year to 555 days

    6.80%

    N/A

    555 days

    6.90%

    N/A

    Above 555 days to 666 days

    6.85%

    N/A

    666 days

    7.00%

    N/A

    Above 666 days to 3 years

    6.50%

    N/A

    3 years and above

    6.50%

    N/A

    *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 13 February 2019.

    Corporation Bank NRE FD rates: Rs.1 crore to Rs.10 crore

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

    1 year to 3 years

    6.50%

    N/A

    3 years and above

    6.25%

    N/A

    *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 13 February 2019.

    Corporation Bank NRE Term Deposit rates: Rs.10 crore to Rs.50 crore

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

    1 year to 3 years

    5.25%

    N/A

    3 years and above

    5.00%

    N/A

    *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 13 February 2019.

    Corporation Bank NRE Fixed Deposit interest rates: Rs.50 crore to Rs.100 crore

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

    1 year to 3 years

    5.40%

    N/A

    3 years and above

    5.00%

    N/A

    *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 13 February 2019.

    Corporation Bank NRE Term Deposit interest rates: Rs.100 crore and above

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

    1 year to 3 years

    5.30%

    N/A

    3 years and above

    5.00%

    N/A

    *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 13 February 2019.

    Corporation Bank NRO Term Deposit rates: Below Rs.1 crore

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

    Above 6 days to 46 days

    4.50%

    N/A

    Above 45 days to 3 months

    5.50%

    N/A

    Above 3 months to 6 months

    6.00%

    N/A

    Above 6 months to 1 year

    6.35%

    N/A

    1 year to 555 days

    6.80%

    N/A

    555 days

    6.90%

    N/A

    Above 555 days to 666 days

    6.85%

    N/A

    666 days

    7.00%

    N/A

    Above 666 days to 3 years

    6.50%

    N/A

    3 years and above

    6.50%

    N/A

    *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 13 February 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 2 years

    0.31%

    2.95%

    3.45%

    2.48%

    1.47%

    2 years to 3 years

    0.36%

    2.71%

    3.37%

    2.41%

    1.61%

    3 years to 4 years

    0.44%

    2.72%

    3.33%

    2.41%

    1.68%

    4 years to 5 years

    0.54%

    2.73%

    3.31%

    2.61%

    1.73%

    5 years

    0.67%

    2.74%

    3.31%

    2.67%

    1.77%

    Corporation Bank Fixed Deposit Reviews

    • 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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