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Old November 8th, 2012, 06:35 PM
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Can any one please provide me the Central bank of India Recurring Deposit Interest Rates, or tell me from where I can get the Central bank of India Recurring Deposit Interest Rates?

In Central Bank of India Flexi Recurring Deposit Scheme "CENT SWA -SHAKTI FLEXI RDS" under NRE term Deposits is available.

Here are details:

The unique feature of the Scheme is that the monthly deposits can be varied, depending upon the spare funds available at the disposal of the depositor in that month.

NRIs can open Singly, Jointly with other NRIs or Jointly with resident close relative on (Former or survivor basis)

Interest rate will be as per prevailing term deposit card rate applicable to NRE Term Deposits.
It will be calculated on daily basis and will be credited every half year in June / Dec.

No additional rate of interest for Senior Citizen is allowed.

Depositor has to choose monthly Core amount.

It can be minimum Rs.100 in multiples of Rs.100 up to maximum cap of Rs. 1,00,000.

The aggregate monthly deposit should not exceed ten times of such CORE amount.

The installment can also be deposited one or more times during a month, subject to maximum ceiling of 10 times of Core Amount.

No TDS (NRE accounts are exempted from TDS)

Last edited by Aakashd; May 22nd, 2019 at 05:39 PM.
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  #2  
Old November 10th, 2012, 12:44 PM
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Default Re: Central bank of India Recurring Deposit Interest Rates

You want to know about the Central bank of India Recurring Deposit Interest Rates

I am telling you the tentative rates of interest. Various banks give different interest rates for different schemes.
There are Kids’ Specific Recurring Deposit Schemes too, offered by many banks.

All these schemes offer Interest amount ranging from 7.5% Per Annum to 9.5% Per Annum, which depends on the Sum Assured, The tenure opted for, and also depending on various schemes

Many banks have separate interest schemes made available exclusive to the senior citizens.

Generally an amount of 0.5% Interest is paid more in almost all of the senior citizens schemes, which includes Recurring Deposits.

For taking any action and investing your money in any scheme firstly meet to the nearest branch manager of the bank
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  #3  
Old December 7th, 2013, 03:45 PM
debajeet sengupta
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Post Re: Central bank of India Recurring Deposit Interest Rates

Can any one please provide me the Central bank of India Recurring Deposit Interest Rates, or tell me from where I can get the Central bank of India Recurring Deposit Interest Rates?
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  #4  
Old August 31st, 2015, 03:16 AM
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Default Re: Central bank of India Recurring Deposit Interest Rates

Quote:
Originally Posted by mridusmita borah1 View Post
Can any one please provide me the Central bank of India Recurring Deposit Interest Rates, or tell me from where I can get the Central bank of India Recurring Deposit Interest Rates?
Hi There just go to bankbazar .com you will get all the information as an today central bank of India is giving better interest on deposit for NRE. I am doing it for a long time being in Canada
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