City Union Bank provides fixed deposits with competitive rates, flexible tenures from 7 days to 10 years, and higher rates for senior citizens. You can choose from various interest payout options. Use the calculator to estimate your interest earnings and maturity amounts, making your investment planning straightforward and hassle-free.
Here is the interest rate table for fixed deposits of less than 3 crore:
| Tenure | General Customers (%) | Senior Citizen (%) |
|---|---|---|
| 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 364 days | 6.50 | 6.75 |
| 365 days to 399 days | 7.00 | 7.25 |
| 400 days | 7.25 | 7.75 |
| 401 days to 3 Years | 6.50 | 6.75 |
| Above 3 Years up to 10 Years | 6.25 | 6.50 |
Data last updated on 01/09/2024. Check latest interest rates here.
City Union Bank FD Calculator
City Union Bank FD FAQs
What is the tenure range for Fixed Deposits at City Union Bank?
The tenure ranges from a minimum of 7 days to a maximum of 10 years.
Are bulk deposits accepted at City Union Bank?
Yes, bulk deposits of ₹1 crore and above are accepted.
What interest payout options are available for Fixed Deposits?
Interest can be paid monthly, quarterly, half-yearly, or annually. For cumulative deposits, interest is added to the principal at the end of each quarter.
Do senior citizens get additional interest rates?
Yes, senior citizens (aged 60 years and above) receive an additional interest rate starting from a 1-year tenure.
Can I close my Fixed Deposit prematurely?
Yes, pre-closure of Fixed Deposits is allowed.
Does City Union Bank offer a loan or overdraft facility against Fixed Deposits?
Yes, you can avail a loan or overdraft against your Fixed Deposit.
Is TDS applicable on interest earned from Fixed Deposits?
Yes, TDS is deducted at the prevailing Income Tax rate on the interest earned from Fixed Deposits.