Citibank has adjusted the interest rates on a variety of deposit products, including Time Deposits, Recurring Deposits, Senior Citizens Deposits, and Tax Saver Deposits. The new rates are effective from December 10, 2021, according to Citibank India's website. To open a time deposit account, one can log in to Citibank Online/ Citi Mobile App. Once you've made a fixed deposit, the interest rates stated below will be applied.
Citibank India Interest Rates On Fixed Deposits (Time Deposits)
The general public will now get an interest rate of 1.85 percent to 3.50 percent on deposits of less than Rs 2 crore maturing in 7 days to less than 1096 days, after the bank's most recent interest rate modification. Here are the latest interest rates of Citibank India for regular customers.
| Tenor | Rs. 2 Cr | Rs 2 Cr to less than Rs. 3 Cr | Rs 3 Cr to less than Rs. 5 Cr | Rs 5 Cr to less than Rs. 8 Cr | Rs 8 Cr to less than Rs. 10 Cr |
|---|---|---|---|---|---|
| 7-10 Days | 1.85% | 2.00% | 2.85% | 2.00% | 2.95% |
| 11-14 Days | 1.85% | 2.00% | 2.00% | 2.00% | 2.00% |
| 15-25 Days | 1.90% | 2.00% | 2.00% | 2.00% | 2.00% |
| 26-35 Days | 1.90% | 2.00% | 2.00% | 2.00% | 2.00% |
| 36-45 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 46-60 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 61-90 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 91-120 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 121-150 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 151-180 Days | 2.55% | 2.00% | 2.00% | 2.00% | 2.00% |
| 181-270 Days | 2.60% | 2.00% | 2.00% | 2.00% | 2.00% |
| 271-364 Days | 2.75% | 2.00% | 2.00% | 2.00% | 2.00% |
| 365-400 Days | 2.75% | 2.00% | 2.00% | 2.00% | 2.00% |
| 401-540 Days | 2.75% | 2.00% | 2.00% | 2.00% | 2.00% |
| 541-731 Days | 3.00% | 2.00% | 2.00% | 2.00% | 2.00% |
| 732 - 1095 Days | 3.50% | 2.00% | 2.00% | 2.00% | 2.00% |
| >=1096 days | 3.50% | 2.00% | 2.00% | 2.00% | 2.00% |
| Source: Bank Website. W.e.f. 10.12.2021 |
Citibank India Interest Rates On Recurring Deposits
On deposits of less than Rs 2 Cr maturing in 365 days to less than 731 days, Citibank India is offering the below-listed interest rates on recurring deposits effective from 10th December 2021.
| Tenor | P.A. Rate |
|---|---|
| 365 - 400 Days | 2.75% |
| 401 - 540 Days | 2.75% |
| 541 - 731 Days | 3.00% |
| Source: Bank Website. W.e.f. 10.12.2021 |
Citibank India Fixed Deposit Interest Rates For Senior Citizens
Citibank India is offering the following interest rates to senior citizens on their deposits of less than Rs. 2 Cr maturing in 7 days to less than 1096 days.
| Tenor | P.A. Rate |
|---|---|
| 7-10 Days | 2.35% |
| 11-14 Days | 2.35% |
| 15-25 Days | 2.40% |
| 26-35 Days | 2.40% |
| 36-45 Days | 3.05% |
| 46-60 Days | 3.05% |
| 61-90 Days | 3.05% |
| 91-120 Days | 3.05% |
| 121-150 Days | 3.05% |
| 151-180 Days | 3.05% |
| 181-270 Days | 3.10% |
| 271-364 Days | 3.25% |
| 365-400 Days | 3.25% |
| 401-540 Days | 3.25% |
| 541-731 Days | 3.50% |
| 732 - 1095 Days | 4.00% |
| >=1096 days | 4.00% |
| Source: Bank Website. W.e.f. 10.12.2021 |
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