Cent Double Central Bank of India

Can you please provide me information about Cent Double Deposit Scheme of Central Bank of India?

Here are the details of Cent Double Deposit Scheme of Central Bank of India provided by the bank itself.

A. Product Features:

i. Name of the Product is Cent Double.

ii. Nature of Deposit is MMDC.

iii. Rate of Interest is 9.15%

iv. Tenure of Deposit is as under:

For General Public- ROI: 9.15%
Annualized: 13.24%
Periodicity: 93 months

For Senior Citizen: ROI: 9.65%
Annualized: 13.99%
Periodicity: 88 months

For Staff: ROI: 10.15%
Annualized: 14.66%
Periodicity: 83 months

For Ex Staff: ROI: 10.65%
Annualized: 15.44%
Periodicity: 80 months



v. Min Deposit Amount : Rs.10000.00 - Metro & Urban Centers

: Rs.5000.00- Semi-Urban & RuralCenters

vi. Max Deposit Amount : Less than ONE CRORE

vii. Loan and Advances against deposit : Yes, as per prevailing rules

viii. Launch Date of product : 5th January, 2012

ix. Termination of product : 31st March, 2012


Contact:
Central Bank of India
Chander Mukhi, Nariman Point
Mumbai – 400 021
Ph: 022 – 6638 7777

Map location:

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Answered By StudyChaCha Member

Hey buddy can you please get the details about the Central Bank Of India Cent Deposite facility?

Don’t worry buddy I will help you here to get the details about the cent deposite facility of Central Bnak Of India so that you can go through it easily.

Here is the details about the Central Bank Cent Deposites.

A. Product Features:
i. Name of the Product : Cent Double
ii. Nature of Deposit : MMDC
iii. Rate of Interest : 9.15%
iv. Tenure of Deposit : as under

ROI Annualized Periodicity
Months Years
1 General Public 9.15% 13.24% 93 7 2/3
2 Senior Citizen 9.65% 13.99% 88 7 1/3
3 Staff 10.15% 14.66% 83 6 11/12
4 Senior Citizen (Ex-staff) 10.65% 15.44% 80 6 2/3

v. Min Deposit Amount : Rs.10000.00 - Metro & Urban Centers
: Rs. 5000.00 - Semi-Urban & Rural Centers
vi. Max Deposit Amount : Less than ONE CRORE
vii. Loan and Advances against deposit : Yes, as per prevailing rules
viii. Launch Date of product : 5th January, 2012
ix. Termination of product : 31st March, 2012

__________________
Answered By StudyChaCha Member