Central Bank of India vs Catholic Syrian Bank Fixed Deposit Comparison 2025
Compare Fixed Deposit interest rates, maturity amounts, and features between Central Bank of India (Public Sector) and Catholic Syrian Bank (Private Sector). Analyze the security of public sector banking versus the convenience of private sector services.
Central Bank
CSB Bank
Adjust the parameters below to see how returns compare between the two banks
Five Lakhs rupees
Interest Rate Comparison
General rates across different tenures
Current selection: 3 years (1095 days) -Central Bank: % |CSB Bank: %
Direct comparison of general rates
Feature Comparison
Features | Central Bank Public Sector | CSB Bank Private Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹1,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Key Advantages:
Key Advantages:
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Central Bank (₹5L) + CSB Bank (₹5L)
For ₹15 lakhs: Add a third bank to the mix
Best of Both: Combine Central Bank (security) with CSB Bank (convenience)
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
- •Minimum amount: ₹1,000
- •Public Sector banking preference
- •Government-owned public sector bank
- •Established in 1911, nationalized in 1969
- •Wide branch network across India
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Private sector bank established in 1920
- •Strong presence in Kerala and South India
- •Competitive interest rates with special 13-month scheme at 6.80%
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Use Central Bank for stability
- •Use CSB Bank for convenience
- •Review rates periodically
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