Central Bank of India FD Rates 2025
Central Bank of India Fixed deposit interest rates for Domestic below Rs.2 crore
Interest rates as on Tue Dec 31 2024
| Tenure | General Citizen | Senior Citizen |
|---|---|---|
| 7 days to 14 days | 3.50% | 4.00% |
| 15 days to 30 days | 3.75% | 4.25% |
| 31 days to 45 days | 3.75% | 4.25% |
| 46 days to 59 days | 4.50% | 5.00% |
| 60 days to 90 days | 4.75% | 5.25% |
| 91 days to 179 days | 5.00% | 5.50% |
| 180 days to 270 days | 6.00% | 6.50% |
| 271 days to 364 days | 6.25% | 6.75% |
| 1 year to less than 2 years | 6.75% | 7.25% |
| 2 years to less than 3 years | 7.00% | 7.50% |
| 3 years to less than 5 years | 6.50% | 7.00% |
| 5 years to 10 years | 6.25% | 6.75% |
Central Bank of India Fixed deposit interest rates for NRO below Rs.2 crore
Interest rates as on Tue Dec 31 2024
| Tenure | General citizen rates |
|---|---|
Central Bank of India Fixed deposit interest rates for NRE below Rs.2 crore
Interest rates as on Tue Dec 31 2024
| Tenure | General citizen rates |
|---|---|
| 1 year to less than 2 years | 6.75% |
| 2 years to less than 3 years | 6.75% |
| 3 years to less than 5 years | 6.50% |
| 5 years to 10 years | 6.25% |
Central Bank of India 5 year Tax Saving Rate
Interest rates as on Tue Dec 31 2024
| Tenure | General Citizen | Senior Citizen |
|---|---|---|
| 5 Years | 6.25% | 6.75% |
Central Bank of India FCNR Rates
Interest rates as on Tue Dec 31 2024
| Tenure | GBP | USD | EURO | JPY | AUD | CAD |
|---|---|---|---|---|---|---|
| 1 year to less than 2 years | 3.63 | 5.77 | 2 | N/A | 3.7 | 4.36 |
| 2 years to less than 3 years | 4.03 | 5.62 | 2.2 | N/A | 4.2 | 5.36 |
| 3 years to less than 4 years | 4.13 | 5.5 | 2.4 | N/A | 4.55 | 5.61 |
| 4 years to less than 5 years | 4.13 | 5.6 | 2.4 | N/A | 4.8 | 5.66 |
| 5 years only | 4.13 | 5.65 | 2.4 | N/A | 4.9 | 5.66 |
| Overdue Deposit | 2.63 | 4.77 | 1 | N/A | 2.7 | 3.36 |
Latest News on Central Bank of India
High-value covers of Rs 1 crore and Rs 50 lakh, which were earlier offered as additional benefits on these credit cards, are part of the withdrawal
NPCI has expanded the UPI-PayNow international remittance service to include 13 additional Indian banks, bringing the total to 19. This enhancement, effective July 17, 2025, allows customers of these banks to send real-time cross-border remittances to Singapore via UPI. In Singapore, customers of DBS SG and Liquid Group can avail this service.
SBI Card is set to implement significant changes for its credit cardholders starting July 15, 2025. These revisions include adjustments to the minimum amount due calculation and the order of payment settlement. Furthermore, complimentary air accident insurance coverage on several SBI and co-branded credit cards will be discontinued in July and August 2025.
Several banks in India are offering competitive interest rates on vehicle loans, with slightly lower rates for electric vehicles to promote eco-friendly transportation. Among public sector banks, Indian Overseas Bank offers interest rates starting from 8.15% for electric vehicles and 8.35% for non-electric ones.
RBI's repo rate cuts in 2025, totaling 50 basis points, have lowered home loan interest rates below 8%. This reduction, following previous rate hikes, makes buying a home more affordable. Several public sector banks now offer floating-rate home loans with attractive interest rates, impacting EMIs based on credit score, benchmark rates, and loan amount.
The government-backed Senior Citizen Savings Scheme (SCSS) and bank-offered Senior Citizen Fixed Deposits are two popular investment options for senior citizens to plan a steady income and the safety of capital.
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