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5 Mins read
•Fixed Deposit

What Are The Central Bank of India FD Rates for 2024?

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Summary

The blog details Central Bank of India's extensive network and diverse fixed deposit schemes with flexible tenures and competitive interest rates. It highlights benefits such as senior citizen rates, loan facilities, and easy account opening processes. The article also covers eligibility criteria and documentation requirements for FD accounts.

Key Takeaways

  • Diverse FD schemes with tenures from 7 days to 10 years.
  • Competitive interest rates with additional benefits for seniors.
  • Both online and offline account opening processes.
  • Eligibility extends to individuals, NRIs, trusts, and more.
  • Premature withdrawals incur a penalty above Rs 5 lakh.

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