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Citibank Today Revised Its Interest Rates On FD: Here’s What You Can Get Now

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Citibank India or Citi India has updated its fixed deposit interest rates today. Following the bank's latest interest rate adjustment, the general public will now get the highest rate of 3.50 percent, while senior citizens will receive the highest rate of 4.00 percent on deposits maturing in 732 days to less than 1096 days. On deposits of less than Rs 2 crore, the interest rate on tax saver deposits maturing in five years would be 3.50 percent for the general public and 4.00 percent for senior citizens. Following the modification made today, Citi Bank is now providing an interest rate of 2.75 percent on recurring deposits of less than Rs 2 crore maturing in 365 days to less than 540 days and 3.00 percent on deposits maturing in 541 to 731 days to the general public. Here are the latest interest rates on fixed deposits, recurring deposits, and senior citizens' deposits of Citi Bank for a deposit amount of less than Rs 2 Cr.

 

Citibank Time Deposit Interest Rates

Citibank Time Deposit Interest Rates

For a deposit amount of less than Rs 2 Cr, here are the latest interest rates on fixed deposits for the regular depositors.

Period (In Days)Interest Rate Per AnnumAnnualised Yield
7-10 Days1.85%-
11-14 Days1.85%-
15-25 Days1.90%-
26-35 Days1.90%-
36-45 Days2.55%-
46-60 Days2.55%-
61-90 Days2.55%-
91-120 Days2.55%2.55%
121-150 Days2.55%2.55%
151-180 Days2.55%2.56%
181-270 Days2.60%2.61%
271-364 Days2.75%2.77%
365-400 Days2.75%2.78%
401-540 Days2.75%2.78%
541-731 Days3.00%3.06%
732 - 1095 Days3.50%3.61%
>=1096 days3.50%3.67%
Source: Bank Website, effective from October 21, 2021

Citibank Recurring Deposits Interest Rates

Citibank Recurring Deposits Interest Rates

Citibank is providing the following interest rates to the general public on recurring deposits of less than Rs 2 Cr maturing in 365 to 731 days.

TenureInterest Rate Per AnnumAnnualised Yield
365 - 400 Days2.75%2.78%
401 - 540 Days2.75%2.78%
541 - 731 Days3.00%3.06%
Source: Bank Website, effective from October 21, 2021

Citibank Senior Citizens Deposits Rates
 

Citibank Senior Citizens Deposits Rates

Citibank is currently offering elderly people the following interest rates on fixed deposits of less than Rs 2 crore.

TenureInterest Rate Per AnnumAnnualised Yield
7-10 Days2.35%-
11-14 Days2.35%-
15-25 Days2.40%-
26-35 Days2.40%-
36-45 Days3.05%-
46-60 Days3.05%-
61-90 Days3.05%-
91-120 Days3.05%3.05%
121-150 Days3.05%3.05%
151-180 Days3.05%3.06%
181-270 Days3.10%3.11%
271-364 Days3.25%3.28%
365-400 Days3.25%3.29%
401-540 Days3.25%3.30%
541-731 Days3.50%3.58%
732 - 1095 Days4.00%4.14%
>=1096 days4.00%4.23%
Source: Bank Website, effective from October 21, 2021

Story first published: Thursday, October 21, 2021, 17:46 [IST]
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