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FD Interest Rates: This bank increased the interest on FD, giving 8.10% interest

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, the name of City Union Bank has also been included in it.

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 (FDs) up to Rs 3 crore. After Bank of Baroda, Bank of India, Karnataka Bank, the name of City Union Bank has also been included in it. Let us know how much interest this bank is offering to general and senior citizens now. These new rates have come into effect from 1 September 2024.

City Union Bank

City Union Bank has revised the interest rates for FDs 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% to general people and 8% to senior citizens on FDs of 333 days. The bank is giving 8.10% interest to super senior citizens.

PeriodInterest Rate % p.a.
GeneralSenior Citizen
7 days to 14 days5.00%5.00%
15 days to 45 days5.50%5.50%
46 days to 90 days5.75%5.75%
91 days to 180 days6.00%6.00%
181 days to 270 days6.25%6.50%
271 days to 332 days6.50%6.75%
333 days7.50%8.00%
334 days to 400 days7.00%7.25%
401 days to 3 years6.50%6.75%
Above 3 years upto 10 years6.25%6.50%
Tax Saver7.10%7.10%

 

For super senior citizens

PeriodRate of interest per annum (in percentage)
Super Senior Citizen
7 days to 14 days5.00%
15 days to 45 days5.50%
46 days to 90 days5.75%
91 days to 180 days6.00%
181 days to 270 days6.50%
271 days to 332 days6.75%
333 days8.10%
334 days to 400 days7.30%
401 days to 3 years6.75%
Above 3 years upto 10 years6.50%
Tax Saver7.10%

 

PeriodRate of interest per annum (in percentage)
Super Senior Citizen
7 days to 14 days5.00%
15 days to 45 days5.50%
46 days to 90 days5.75%
91 days to 180 days6.00%
181 days to 270 days6.50%
271 days to 332 days6.75%
333 days8.10%
334 days to 400 days7.30%
401 days to 3 years6.75%
Above 3 years upto 10 years6.50%
Tax Saver7.10%
Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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