While the RBI has held the key policy rates constant for the 10th straight time and have been accommodative in its stance, the policy rates may not see upward revision soon, but as is seen sooner or later as banks have begun to see interest rate revision across debt products, we may see a similar trajectory across fixed deposit products of different products.
Central Bank Of India Revises Fixed Deposit Rates: Check The New Rates
So, here regardless of the fact that RBI maintained status quo in its last monetary policy for this year, Central Bank of India has revised Fixed deposit rates from February 11, 2022:
For the maximum tenure of up to 10 years, the bank offers a return of 5.15%
Sr.No.
Maturity Puiod
"Less than 2 crw.e.f 10.02.2022"
1
7 -14 days
2.75
2
15 - 30 days
2 .90
3
31 - 45 days
2.9
4
46 - 59 days
3.25
s
60 - 90 days
3.25
6
91 - 179 days
3.8
7
180 - 270 days
4.25
8
271 - 364 days
4 .25
9
1 yr to less than 2 yrs
5
10
2 yr 10 less than 3 years
5.1
11
3 yr to less than S years
5.1
12
5 years & above upto 10 years
5.15
13
555 days
NA
14
777 days
NA
1s
Cent Double
NA
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