Central Bank 2 Years FD rate: 6.75% (general) & 7.25% (senior citizen). Maturity for ₹5 Lakh: ₹5,71,624.
| Year | Deposit | Interest Earned | Maturity Value |
|---|
Central Bank of India offers 2 Years Fixed Deposit at 6.75% p.a. for general citizens and 7.25% p.a. for senior citizens. Interest is compounded quarterly. Premature withdrawal policy: 0.50% penalty on applicable rate.
Tenure: 2 Years · Quarterly compounding
| Deposit Amount | Maturity Amount | Interest Earned | Total Return |
|---|---|---|---|
| ₹25K | ₹28,581 | ₹3,581 | 14.3% |
| ₹50K | ₹57,162 | ₹7,162 | 14.3% |
| ₹1 Lakh | ₹1,14,325 | ₹14,325 | 14.3% |
| ₹2 Lakh | ₹2,28,650 | ₹28,650 | 14.3% |
| ₹5 Lakh | ₹5,71,624 | ₹71,624 | 14.3% |
| ₹10 Lakh | ₹11,43,248 | ₹1,43,248 | 14.3% |
| ₹25 Lakh | ₹28,58,121 | ₹3,58,121 | 14.3% |
| ₹50 Lakh | ₹57,16,241 | ₹7,16,241 | 14.3% |
| ₹1 Crore | ₹1,14,32,483 | ₹14,32,483 | 14.3% |
Central Bank offers 2 Years Fixed Deposit at 6.75% p.a. for general citizens and 7.25% p.a. for senior citizens in 2026. Rates are subject to change.
A ₹5 Lakh FD in Central Bank for 2 Years at 6.75% (quarterly compounding) will mature to approximately ₹5,71,624. The interest earned would be ₹71,624.
Yes, Central Bank offers an additional benefit for senior citizens with a rate of 7.25% p.a. for 2 Years FD, which is 0.50% higher than the general rate.
The minimum deposit amount for Central Bank Fixed Deposit is ₹1,000. Interest is compounded quarterly.
Yes, premature withdrawal is allowed. Central Bank's premature withdrawal policy: 0.50% penalty on applicable rate. It's recommended to keep the FD till maturity for maximum returns.