The country's one of the leading public sector banks, Citibank has come up with some exclusive offers on the fixed deposits. As part of the retail bank portfolio, the FD plans the bank provides are comprised of different tenures with competitive interest rates to offer. Get best fixed deposit rates, FD India information and recent Citibank Bank FD rates at loanbaba.com, read further.
Moreover, the interest rates are not fixed and will change with time depending on the bank's liquidity requirements and market conditions. And therefore, it is necessary for a customer to stay updated on the FD interest rates if he/she tends to invest in any of these products.
| Tenure | Regular FD Rates | Senior Citizen FD Rates |
|---|---|---|
| 7-10 Days | 3.00% | 3.50% |
| 11-14 Days | 3.00% | 3.50% |
| 15-25 Days | 3.25% | 3.75% |
| 36-45 Days | 4.50% | 5.00% |
| 46 Days-2 Months | 5.00% | 5.50% |
| 2-3 Months | 5.00% | 5.50% |
| 3-4 Months | 5.00% | 5.50% |
| 4-5 Months | 5.00% | 5.50% |
| 5-6 Months | 5.00% | 5.50% |
| 6-9 Months | 5.25% | 5.75% |
| 9 Months -1 Year | 5.25% | 5.75% |
| 365-400 Days | 5.25% | 5.75% |
| 401-540 Days | 5.25% | 5.75% |
| 541 Days -2 Years | 5.25% | 5.75% |
| 2 Years – 3 years | 5.25% | 5.75% |
| >=1096 Days | 5.75% | 6.25% |
For the holding period of 2-3 months, the interest rates vary from 5.75%-6.25% per annum. Moreover, for the tenures of 4-6 months, the returns are pegged at 6.25%. However, the shortest tenure the bank offers is for one month which can avail 3.50% per annum.
For the holding period 1-2 years, one can avail the highest returns of 6.25% per annum. However, the returns are same for the holding period of three years and for the longest holding period of 4-5 years; the interest rate is same at 6.25% per annum.
Like all other financial institutions, Citibank FD rates India is an extra 0.5% on the above-mentioned interest rates. Moreover, they can enjoy the short-term rates of 3.50%-6.75% per annum and 6.75% per annum for the mid to long-term holdings.
Kindly Note: The above-mentioned rates compounded quarterly are subjected on a yearly basis.
