Central Bank of India FD Calculator

Central Bank of India Fixed Deposits Explained

The Central Bank of India FD calculator above applies the quarterly compounding the bank uses on term deposits. Founded in 1911 as the first Indian commercial bank wholly owned and managed by Indians, Central Bank of India operates a genuinely national branch network and prefixes most of its retail deposit products with 'Cent'. Depositors searching for CBI interest rates are looking for this card — note that the abbreviation is also used for other institutions, so confirm you are on centralbankofindia.co.in.

Central Bank of India FD Schemes You Can Open

The Cent-prefixed deposit family separates products by how flexible the money is rather than by rate:

• •Cent Fixed Deposit — The standard term deposit in cumulative and non-cumulative form, from 7 days to 10 years.
• •Flexible / partial-withdrawal deposit — Central Bank has offered a flexible variant permitting partial withdrawal without closing the deposit, so a short cash need need not break the contracted rate on the whole balance. Confirm the current name and terms at a branch.
• •Cent Tax Saving Deposit — The five-year lock-in deposit qualifying under Section 80C, within the ₹1,50,000 annual ceiling.
• •Senior citizen variants — Deposits carrying the rate premium extended to resident depositors aged 60 and above on eligible tenures.

Central Bank of India FD Tenure Slabs and Deposit Rules

Tenure decides how the interest is worked out, not just how long the money is tied up. Below roughly six months there is no completed quarter, so interest is simple; past that it compounds quarterly.

How to Check Central Bank of India FD Interest Rates

Central Bank of India FD rates are quoted per tenure slab and revised as policy and funding needs shift, so a one-year and a three-year deposit opened on the same morning can price differently.

Central Bank of India publishes its domestic term deposit card on centralbankofindia.co.in, quoted per tenure slab with a separate senior citizen column. Special-tenure buckets are issued periodically, so check the card is current before assuming one is open.

Take the current Central Bank of India fixed deposit rates for your exact tenure from the official card, then enter that number above.

What Is Specific to a Central Bank of India FD

• •Founded in 1911 as the first Indian commercial bank wholly owned and managed by Indians — the longest continuous lineage of the banks in this cluster.
• •A partial-withdrawal facility lets you draw part of a deposit without breaking the contracted rate on the remainder — worth asking for by name at the counter.
• •The branch network is genuinely national rather than regionally concentrated, which matters if you relocate.
• •Senior citizens receive the standard increment on eligible tenures.
• •A loan or overdraft against the deposit is available, typically up to 90% of its value.

Take the rate Central Bank of India quotes for your chosen tenure and enter it above to see the exact maturity value and the year-by-year interest accrual.

Compare lenders on the master FD calculator, or a monthly commitment on the RD calculator.