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Central Bank of India Fixed Deposit Calculator

Calculate your FD returns with latest Central Bank rates

Highest FD Rate

7% p.a.

Best available rate by Central Bank across tenures

Rates Last Updated

Dec 2025

Rates updated regularly for accuracy

Official Central Bank Rates
Highest Rate: 7% for Senior Citizens
Best Rate: 6.5% for General Citizens
Min Investment: ₹1K only
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
TDS Limit: Interest up to ₹40,000 tax-free
Flexible Tenure: 7 days to 10 years
Auto-Renewal Available
Loan Against FD: Up to 90%
Online FD Booking Available
Government-owned public sector bank
Established in 1911, nationalized in 1969
Wide branch network across India
Special Cent Green Deposit scheme for sustainable investments
Cent Super Callable and Non-Callable schemes (444 & 555 days)
Cent Floating Deposit scheme available
Senior citizens get +0.50% additional interest
Online FD booking facility
Highest Rate: 7% for Senior Citizens
Best Rate: 6.5% for General Citizens
Min Investment: ₹1K only
Senior Citizen Benefit: Additional 0.5% on all tenures
Premature Penalty: Only 1%
TDS Limit: Interest up to ₹40,000 tax-free
Flexible Tenure: 7 days to 10 years
Auto-Renewal Available
Loan Against FD: Up to 90%
Online FD Booking Available
Government-owned public sector bank
Established in 1911, nationalized in 1969
Wide branch network across India
Special Cent Green Deposit scheme for sustainable investments
Cent Super Callable and Non-Callable schemes (444 & 555 days)
Cent Floating Deposit scheme available
Senior citizens get +0.50% additional interest
Online FD booking facility
₹

One Lakh rupees

₹1,000₹20,00,000

Minimum amount varies by bank (typically ₹1,000)

years
1 year10 years
FD Maturity Summary

Best Fixed Deposit Rates Comparison 2025

Compare FD interest rates across top banks - General rates for 5 years

1
Suryoday Small Finance Bank FD rates

Suryoday SFB

5 years FD

8.05%

p.a.

Maturity

₹1.49L

Interest

₹49.0K

2
Jana Small Finance Bank FD rates

Jana SFB

5 years FD

8.00%

p.a.

Maturity

₹1.49L

Interest

₹48.6K

3
Utkarsh Small Finance Bank FD rates

Utkarsh SFB

5 years FD

7.75%

p.a.

Maturity

₹1.47L

Interest

₹46.8K

4
IDFC First Bank FD rates

IDFC First

5 years FD

7.00%

p.a.

Maturity

₹1.41L

Interest

₹41.5K

5
Bandhan Bank FD rates

Bandhan

5 years FD

7.00%

p.a.

Maturity

₹1.41L

Interest

₹41.5K

6
ESAF Small Finance Bank FD rates

ESAF SFB

5 years FD

6.75%

p.a.

Maturity

₹1.40L

Interest

₹39.8K

7
AU Small Finance Bank FD rates

AU Bank

5 years FD

6.71%

p.a.

Maturity

₹1.39L

Interest

₹39.5K

8
IndusInd Bank FD rates

IndusInd

5 years FD

6.65%

p.a.

Maturity

₹1.39L

Interest

₹39.1K

9
ICICI Bank FD rates

ICICI

5 years FD

6.60%

p.a.

Maturity

₹1.39L

Interest

₹38.7K

10
Axis Bank FD rates

Axis

5 years FD

6.60%

p.a.

Maturity

₹1.39L

Interest

₹38.7K

11
Tamilnad Mercantile Bank FD rates

TMB

5 years FD

6.60%

p.a.

Maturity

₹1.39L

Interest

₹38.7K

12
Bank of Maharashtra FD rates

Bank of Maharashtra

5 years FD

6.50%

p.a.

Maturity

₹1.38L

Interest

₹38.0K

13
Equitas Small Finance Bank FD rates

Equitas SFB

5 years FD

6.50%

p.a.

Maturity

₹1.38L

Interest

₹38.0K

14
HDFC Bank FD rates

HDFC

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

15
Kotak Mahindra Bank FD rates

Kotak

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

16
Bank of Baroda FD rates

BOB

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

17
Bank of India FD rates

BOI

5 years FD

6.40%

p.a.

Maturity

₹1.37L

Interest

₹37.4K

18
State Bank of India FD rates

SBI

5 years FD

6.30%

p.a.

Maturity

₹1.37L

Interest

₹36.7K

19
Punjab National Bank FD rates

PNB

5 years FD

6.25%

p.a.

Maturity

₹1.36L

Interest

₹36.4K

20
Canara Bank FD rates

Canara Bank

5 years FD

6.25%

p.a.

Maturity

₹1.36L

Interest

₹36.4K

21
City Union Bank FD rates

City Union

5 years FD

6.25%

p.a.

Maturity

₹1.36L

Interest

₹36.4K

22
Indian Overseas Bank FD rates

IOB

5 years FD

6.20%

p.a.

Maturity

₹1.36L

Interest

₹36.0K

23
Indian Bank FD rates

Indian Bank

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

24
Central Bank of India FD rates

Central Bank

5 years FD

6.00%

p.a.

Maturity

₹1.35L

Interest

₹34.7K

25
Union Bank of India FD rates

Union Bank

5 years FD

5.90%

p.a.

Maturity

₹1.34L

Interest

₹34.0K

Highest Rate

8.05%

Suryoday SFB

Max Interest

₹49.0K

Best Return

Rate Spread

2.15%

Difference

Banks Available

25

Compared

Central Bank Fixed Deposit Calculator Results

Compare different investment amounts and tenures

Central Bank Fixed Deposit Interest Rates

Latest interest rates for different tenures

Current FD Rates
TenureGeneral RateSenior Citizen Rate
7-14 days
3%
3.5%
15-30 days
3.5%
4%
31-45 days
3.5%
4%
46-59 days
4.25%
4.75%
60-90 days
4.25%
4.75%
91-179 days
4.5%
5%
180-270 days
5%
5.5%
271-364 days
5%
5.5%
1 yr to less than 2 yrs
6.2%
6.7%
2 yr to less than 3 years
6.25%
6.75%
3 yr to less than 5 years
6%
6.5%
5 years & above upto 10 years
6%
6.5%
444 days (Callable)
6.3%
6.8%
444 days (Non-Callable)
6.4%
6.9%
555 days (Callable)
6.3%
6.8%
555 days (Non-Callable)
6.4%
6.9%
1111 days (Cent Green)
6.25%
6.75%
2222 days (Cent Green)
6.5%
7%
3333 days (Cent Green)
6.5%
7%

Important Notes

  • Min deposit: ₹1,000
  • Penalty: 1% on premature closure
  • TDS applicable if annual interest exceeds ₹40,000
  • Auto-renewal facility available

Key Benefits

  • Guaranteed returns with low risk
  • Better rates than savings accounts
  • Loan against FD facility
  • DICGC insurance up to ₹5,00,000

Tax & TDS on Central Bank Fixed Deposits

Understanding tax implications and deductions on your FD investments

Tax Deductions Available

Section 80C

Tax-saving FDs (5-year lock-in) qualify for deduction up to ₹1.5 lakh under Section 80C

Senior Citizens

Higher TDS exemption limit of ₹50,000 for citizens above 60 years

• Regular FDs don't qualify for Section 80C deduction

• Interest income is fully taxable as per income tax slab

• Form 15G/15H can be submitted to avoid TDS

TDS (Tax Deducted at Source)

TDS Rate

10%

Exemption Limit

₹40,000

TDS Calculation

TDS is deducted at 10% if total interest from all FDs with Central Bank exceeds ₹40,000 in a financial year

TDS is deducted at source by the bank

Form 26AS shows TDS deducted

Can be claimed as advance tax while filing ITR

No PAN: higher 20% TDS applies

Quick Tax Impact Calculator

₹5 Lakh FD

At 6.5% for 3 years

₹32,500

Annual Interest

TDS: ₹0

₹10 Lakh FD

At 6.5% for 3 years

₹65,000

Annual Interest

TDS: ₹2,500

₹25 Lakh FD

At 6.5% for 3 years

₹162,500

Annual Interest

TDS: ₹12,250

Central Bank Fixed Deposit FAQs

Everything you need to know about Central Bank Fixed Deposits, interest rates, and FD investment planning

What is the minimum amount required for Central Bank FD?

The minimum amount required to open a Central Bank of India Fixed Deposit is ₹1,000.

What is the current highest FD rate offered by Central Bank?

Central Bank of India currently offers up to 7% for senior citizens and 6.5% for general citizens on Fixed Deposits.

Is the interest earned on Central Bank FD taxable?

Yes, interest earned on Central Bank of India FD is taxable as per your income tax slab. TDS applicable if interest exceeds ₹40,000 per annum (₹50,000 for senior citizens)

Can I get a loan against my Central Bank FD?

Yes, Central Bank of India offers loans against FD up to 90-95% of the FD value at competitive interest rates.

Compare FD Rates Across Banks

Calculate Fixed Deposit returns with different banks and find the best rates

Compare All Banks

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