Sunday , November 24 2024

FD Interest Rates: This bank increased interest on FD, giving 8.10% interest | News India


FD Rates: City Union Bank has given a gift to its customers. In September 2024, many banks have revised the interest rates on fixed deposits (FD) up to Rs 3 crore. After Bank of Baroda, Bank of India, Karnataka Bank, now the name of City Union Bank has also been included in it. Let us know how much interest this bank is now giving to common and senior citizens. These new rates have come into effect from September 1, 2024.

City Union Bank

City Union Bank has revised the interest rates on FDs of less than Rs 3 crore from 1 September 2024. After the revision, the bank is offering interest rates ranging from 5% to 7.50% to general citizens and 5% to 8% to senior citizens. The highest interest rate is being offered on FDs of 333 days. The bank is offering 7.50% interest to general people and 8% to senior citizens on FDs of 333 days. The bank is offering 8.10% interest to super senior citizens.

Duration interest rate % per annum
General Senior Citizens
7 days to 14 days 5.00% 5.00%
15 days to 45 days 5.50% 5.50%
46 days to 90 days 5.75% 5.75%
91 days to 180 days 6.00% 6.00%
181 days to 270 days 6.25% 6.50%
271 days to 332 days 6.50% 6.75%
333 days 7.50% 8.00%
334 days to 400 days 7.00% 7.25%
401 days to 3 years 6.50% 6.75%
Above 3 years upto 10 years 6.25% 6.50%
Tax Saver 7.10% 7.10%

For very senior citizens

Duration Rate of interest per annum (in percentage)
Super Senior Citizen
7 days to 14 days 5.00%
15 days to 45 days 5.50%
46 days to 90 days 5.75%
91 days to 180 days 6.00%
181 days to 270 days 6.50%
271 days to 332 days 6.75%
333 days 8.10%
334 days to 400 days 7.30%
401 days to 3 years 6.75%
Above 3 years upto 10 years 6.50%
Tax Saver 7.10%
Duration Rate of interest per annum (in percentage)
Super Senior Citizen
7 days to 14 days 5.00%
15 days to 45 days 5.50%
46 days to 90 days 5.75%
91 days to 180 days 6.00%
181 days to 270 days 6.50%
271 days to 332 days 6.75%
333 days 8.10%
334 days to 400 days 7.30%
401 days to 3 years 6.75%
Above 3 years upto 10 years 6.50%
Tax Saver 7.10%