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Citibank Revises Interest Rates On Fixed Deposit: Check New Rates Here

Citibank, a subsidiary of Citigroup having headquartered in Bandra Kurla Complex, Mumbai, Maharashtra, has changed its fixed deposit interest rates today. From July 19, 2021, the bank would now provide an interest rate of 1.85 percent to 3.50 percent to the general public and 2.35 percent to 4.00 percent to senior citizens for maturities ranging from 7 to 1096 days.

Citibank Revises Interest Rates On Fixed Deposit: Check New Rates Here

Citi Bank now provides an interest rate of 1.85 percent on deposits maturing in seven to fourteen days, 1.90 percent on deposits maturing in 15 to 35 days, and 2.55 percent on FDs maturing in 36 to 180 days, following the most recent adjustment. Citibank offers 2.60 percent on term deposits with terms ranging from 181 to 270 days. The Bank offers a 2.75 percent interest rate on FDs with a maturity term of 271 days to 540 days. Fixed deposits maturing in 541 days to 731 days will pay a 3% interest rate. In the maturity period of 732 days to less than 1096 days, FDs will yield 3.50 percent respectively.

Citibank FD Rates 2021

Citibank's most recent interest rates on fixed deposits below Rs 2 crore, effective July 19, 2021, are listed below.

TenureRegular FD RatesSenior Citizen FD Rates
7-10 Days1.85%2.35%
11-14 Days1.85%2.35%
15-25 Days1.90%2.40%
26-35 Days1.90%2.40%
36-45 Days2.55%3.05%
46-60 Days2.55%3.05%
61-90 Days2.55%3.05%
91-120 Days2.55%3.05%
121-150 Days2.55%3.05%
151-180 Days2.55%3.05%
181-270 Days2.60%3.10%
271-364 Days2.75%3.25%
365-400 Days2.75%3.25%
401-540 Days2.75%3.25%
541-731 Days3.00%3.50%
732 - 1095 Days3.50%4.00%
Less than 1096 days3.50%4.00%
Source: Citibank

Story first published: Monday, July 19, 2021, 15:47 [IST]
Read more about: fd fixed deposit

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