Central Bank of India FD Rates 2025

Fixed deposits have long been a staple for risk-averse investors in India, thanks to their guaranteed returns and principal safety. Central Bank of India—founded in 1911 as the country’s first fully Indian-owned commercial bank—draws on over a century of expertise to offer FDs that suit everything from short-term parking of funds to long-term wealth building. In this article, we’ll walk you through CBI’s 2025 FD rates, highlight the standout features of each scheme, and answer common questions so you can pick the best option for your goals

Table of Contents

Central Bank of India FD Rates 2025

Central Bank of India, regular customers can earn between 3.50% and 7.50% per annum on fixed deposits, while senior citizens enjoy rates from 4.00% up to 8.00%—all depending on how long you lock in your money, from just 7 days to as long as 10 years. Below is complete rate chart for deposits under ₹3 crore, effective from February 10, 2025:

Maturity Period	Rates for Deposits less than Rs. 3 Crore
	General Public		Senior Citizen
	Rates w.e.f. 10.04.2025	Annualised yield	Rates w.e.f. 10.04.2025	Annualised yield
7 -14 days	3.50%	3.50%	4.00%	4.00%
15 – 30 days	3.75%	3.75%	4.25%	4.25%
31 – 45 days	3.75%	3.75%	4.25%	4.25%
46 – 59 days	4.50%	4.50%	5.00%	5.00%
60 – 90 days	4.50%	4.50%	5.00%	5.00%
91 – 179 days	5.25%	5.25%	5.75%	5.75%
180 – 270 days	6.25%	6.40%	6.75%	6.92%
271 – 364 days	6.25%	6.40%	6.75%	6.92%
1 yr to less than 2 yrs	6.85%	7.03%	7.35%	7.56%
2 yr to less than 3 years	7.15%	7.34%	7.65%	7.87%
3 yr to less than 5 years	6.75%	6.92%	7.25%	7.45%
5 years & above upto 10 years	6.75%	6.92%	7.25%	7.45%

Maturity Period	Rates for Deposits Rs. 3 Cr to Rs. 10 Cr
	General Public		Senior Citizen
	Rates w.e.f. 10.04.2025	Annualised yield	Rates w.e.f. 10.04.2025	Annualised yield
7 -14 days	5.25%	5.25%	5.75%	5.75%
15 – 30 days	5.25%	5.25%	5.75%	5.75%
31 – 45 days	5.75%	5.75%	6.25%	6.25%
46 – 59 days	6.00%	6.00%	6.50%	6.50%
60 – 90 days	5.75%	5.75%	6.25%	6.25%
91 – 179 days	6.00%	6.00%	6.50%	6.50%
180 – 270 days	6.50%	6.66%	7.00%	7.19%
271 – 364 days	7.00%	7.19%	7.50%	7.71%
1 yr to less than 2 yrs	6.75%	6.92%	7.25%	7.45%
2 yr to less than 3 years	6.75%	6.92%	7.25%	7.45%
3 yr to less than 5 years	6.25%	6.40%	6.75%	6.92%
5 years & above upto 10 years	6.00%	6.14%	6.50%	6.66%

Note: Rates are subject to change at the bank’s discretion. Always verify the latest rates on the official Central Bank of India website or at a branch before investing.

Special FD Schemes

Cent Super Callable Time Deposit (444 days): Offers 7.45% p.a. for the general public and 7.95% p.a. for senior citizens.
Cent Super Non-Callable Time Deposit (444 days): Provides a higher rate of 7.60% p.a. for the general public and 8.10% p.a. for senior citizens, ideal for those who can commit funds for the entire tenure.
Cent Super Time Deposit (555 days): Yields 7.25% p.a. for the general public and 7.75% p.a. for senior citizens.
Cent Green Time Deposit: Available for tenures of 1111, 2222, or 3333 days, with the highest rate of 7.50% p.a. for the general public and 8.00% p.a. for senior citizens for a 3333-day tenure. Funds are directed toward eco-friendly projects like renewable energy and green buildings.
Cent Tax Saving Deposit: Offers 6.75% p.a. for the general public and 7.25% p.a. for senior citizens for a 5-year tenure, eligible for tax deductions under Section 80C of the Income Tax Act, 1961.

Additional Benefits

Senior Citizens: Receive an additional 0.50% p.a. over regular rates across all tenures. Retired CBI staff and super senior citizens (aged 80 and above) may receive further benefits, up to 1.50% p.a. extra in some cases.
Staff Benefits: Current employees, former employees, or spouses of deceased employees receive an additional 1.00% p.a., while retired senior citizen staff get 1.50% p.a.
NRI Deposits: CBI offers NRE, NRO, FCNR (B), and RFC deposits for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). FCNR (B) deposits are available in currencies like USD, GBP, EUR, CAD, and AUD, while RFC deposits are in USD.

Key Features of Central Bank of India Fixed Deposits

Flexible Tenure: Choose from tenures ranging from 7 days to 10 years to align with your financial goals.
Low Minimum Deposit: Start an FD with as little as ₹100, with no upper limit (except for specific schemes like Cent Green, with a maximum of ₹1,99,99,999).
Premature Withdrawal: Available with a 1% penalty on deposits above ₹5 lakh; no penalty for deposits up to ₹5 lakh. Tax-saving FDs do not allow premature withdrawal.
Loan Facility: Avail loans up to 90% of the FD amount, providing liquidity without breaking the deposit.
Auto-Renewal: FDs can be set to auto-renew upon maturity, ensuring continuous returns.
Tax Implications: Interest earned above ₹40,000 per year is subject to 10% TDS (20% if PAN is not provided). Tax-saving FDs qualify for deductions under Section 80C up to ₹1.5 lakh.
Safety: Deposits are insured up to ₹5 lakh under the RBI’s Deposit Insurance and Credit Guarantee Corporation (DICGC) scheme.
Convenience: Open and manage FDs online via the Central Bank of India’s internet banking portal or offline at any branch.

Types of Fixed Deposit Schemes

Fixed Deposit Receipt (FDR): Standard FD with interest paid half-yearly or at maturity. Tenure ranges from 7 days to 10 years.
Money Multiplier Deposit Certificate (MMDC): Interest is compounded and added to the principal, accelerating wealth growth. Tenure ranges from 6 months to 10 years.
Monthly/Quarterly Interest Deposit Receipt (MIDR/QIDR): Offers monthly or quarterly interest payouts, ideal for those seeking regular income.
Cent Suraksha Deposit: Linked to insurance schemes like PMSBY or PMJJBY, with specific deposit amounts (₹201 or ₹5001).
Cent Green Time Deposit Scheme: Supports eco-friendly projects with fixed tenures of 1111, 2222, or 3333 days.
Cent Tax Saving Deposit: A 5-year FD offering tax benefits under Section 80C.
Cent Super Callable/Non-Callable Time Deposits (444/555 days): Special schemes with higher interest rates for fixed tenures.
Cent Non-Callable 999 Days: Offers competitive rates for a 999-day tenure.

How to Open a Central Bank of India FD

Online Method

Log in to the Central Bank of India’s internet banking portal.
Navigate to the “Online Term Deposit” section.
Select the desired FD scheme and enter details like deposit amount, tenure, and payout preference.
Review and confirm the details.
Receive a confirmation message upon successful booking.

Offline Method

Visit the nearest Central Bank of India branch.
Fill out the FD application form.
Submit required documents and the deposit amount.
Receive confirmation once the FD is processed.

Documents Required

Identity Proof: Aadhaar Card, Passport, PAN Card, Driving License, Voter ID, or Government ID.
Address Proof: Telephone bill, electricity bill, ration card, or bank statement.
Age Proof (for senior citizens/minors): PAN Card, passport, or birth certificate.
Photographs: Two recent passport-size photographs.
Bank Details: Account number, IFSC code, and branch name (if applicable).

Note: Existing account holders may not need to submit additional documents.

Benefits for Investors

Guaranteed Returns: Fixed interest rates ensure predictable earnings, unaffected by market volatility.
Liquidity Options: Loans against FDs and premature withdrawal (with conditions) provide flexibility.
Tax Savings: The Cent Tax Saving Deposit offers deductions under Section 80C.
Customizable Payouts: Choose monthly, quarterly, or cumulative interest options to suit your income needs.
Accessibility: No prior savings account is required to open an FD, and the process is seamless online or offline.

Things to Consider

Interest Rate Changes: FD rates are subject to periodic revisions based on RBI policies and market conditions. Check the latest rates before investing.
Penalties: Premature withdrawal above ₹5 lakh incurs a 1% penalty, and non-callable FDs may have higher penalties (e.g., 2.50% for 444-day non-callable deposits).
Taxation: Interest income is taxable, and TDS applies if it exceeds ₹40,000 annually.
Inflation Risk: Fixed rates may not keep pace with inflation, potentially reducing real returns.

Using the Central Bank of India FD Calculator

The Central Bank of India FD Calculator, available on platforms like Groww, Policybazaar, or the bank’s website, helps estimate returns. Input the principal amount, tenure, interest rate, and compounding frequency (quarterly for most schemes) to calculate the maturity amount instantly. For example:

Investment: ₹10 lakh
Tenure: 1 year
Interest Rate: 6.85% p.a. (general public)
Maturity Value: ₹10,70,692 (interest of ₹70,692).

Frequently Asked Questions (FAQs)

1. What is the highest FD interest rate offered by the Central Bank of India?
The highest FD rate is 7.50% p.a. for the general public and 8.00% p.a. for senior citizens on the Cent Green Time Deposit for a 3333-day tenure. For shorter tenures, the Cent Super Non-Callable Time Deposit (444 days) offers 7.60% p.a. (general) and 8.10% p.a. (senior citizens).

2. What is the minimum and maximum tenure for Central Bank of India FDs?
The minimum tenure is 7 days, and the maximum is 10 years.

3. Is premature withdrawal allowed for Central Bank of India FDs?
Yes, premature withdrawal is permitted with a 1% penalty on deposits above ₹5 lakh. No penalty applies for deposits up to ₹5 lakh. Tax-saving FDs do not allow premature withdrawal.

4. What are the benefits for senior citizens under Central Bank of India FD schemes?
Senior citizens receive an additional 0.50% p.a. on all FD schemes. Retired CBI staff and super senior citizens (aged 80+) may get up to 1.50% p.a. extra.

5. Can I open a Central Bank of India FD without a savings account?
Yes, a prior savings account is not mandatory to open an FD with the Central Bank of India.

6. Are Central Bank of India FDs safe?
Yes, deposits are insured up to ₹5 lakh under the RBI’s DICGC scheme, ensuring safety.

7. How is interest taxed on Central Bank of India FDs?
Interest income above ₹40,000 per year is subject to 10% TDS (20% if PAN is not provided). Tax-saving FDs offer deductions up to ₹1.5 lakh under Section 80C.

8. Can NRIs invest in Central Bank of India FDs?
Yes, NRIs can invest in NRE, NRO, FCNR (B), and RFC deposits. FCNR (B) deposits are available in multiple currencies, while RFC deposits are in USD.

9. How can I calculate my FD returns?
Use the Central Bank of India FD Calculator on the bank’s website or platforms like Groww or Policybazaar. Enter the principal, tenure, interest rate, and compounding frequency for accurate results.

10. Does the Central Bank of India offer loans against FDs?
Yes, you can avail loans up to 90% of the FD amount, subject to the bank’s terms and conditions.

Website : https://www.centralbankofindia.co.in/en/interest-rates-on-deposit

Also visit : https://postofficefd.com/sukanya-samriddhi-yojana-ssy/