Interest rates

Citibank India changes interest rates on these deposits (Wef 12.31.2021)

Citibank term deposit interest rate

Following the most recent revision, the bank is now offering an interest rate of 1.85% to 3.50% to the general public on their deposits of less than Rs. 2 Cr refining in 7 days to 1096 days. Here are the revised interest rates on Citibank India term deposits.

Tenor Rs 2 Cr Rs 2 Cr to Rs 3 Cr Rs 3 Cr to Rs 5 Cr Rs 5 Cr to Rs 8 Cr Rs 8 Cr to Rs 10 Cr
7-10 days 1.85% 2.00% 2.85% 2.00% 2.95%
11-14 days 1.85% 2.00% 2.00% 2.00% 2.00%
15-25 days 1.90% 2.00% 2.00% 2.00% 2.00%
26-35 days 1.90% 2.00% 2.00% 2.00% 2.00%
36-45 days 2.55% 2.00% 2.00% 2.00% 2.00%
46-60 days 2.55% 2.00% 2.00% 2.00% 2.00%
61-90 days 2.55% 2.00% 2.00% 2.00% 2.00%
91-120 days 2.55% 2.00% 2.00% 2.00% 2.00%
121-150 days 2.55% 2.00% 2.00% 2.00% 2.00%
151-180 days 2.55% 2.00% 2.00% 2.00% 2.00%
181-270 days 2.60% 2.00% 2.00% 2.00% 2.00%
271-364 days 2.75% 2.00% 2.00% 2.00% 2.00%
365-400 days 2.75% 2.00% 2.00% 2.00% 2.00%
401-540 days 2.75% 2.00% 2.00% 2.00% 2.00%
541-731 days 3.00% 2.00% 2.00% 2.00% 2.00%
732 – 1095 days 3.50% 2.00% 2.00% 2.00% 2.00%
> = 1096 days 3.50% 2.00% 2.00% 2.00% 2.00%
Source: Bank website
Citibank Term Deposit Interest Rates for Seniors

Citibank Term Deposit Interest Rates for Seniors

Seniors will continue to benefit from an additional rate of 0.50% on all tenors on their deposits. On fixed deposits of less than Rs. 2 Cr maturing in 7 days at> = 1096 days, seniors will now benefit from the following interest rates.

Mandate Interest rate pa Yield
7-10 days 2.35%
11-14 days 2.35%
15-25 days 2.40%
26-35 days 2.40%
36-45 days 3.05%
46-60 days 3.05%
61-90 days 3.05%
91-120 days 3.05% 3.05%
121-150 days 3.05% 3.05%
151-180 days 3.05% 3.06%
181-270 days 3.10% 3.11%
271-364 days 3.25% 3.28%
365-400 days 3.25% 3.29%
401-540 days 3.25% 3.30%
541-731 days 3.50% 3.58%
732 – 1095 days 4.00% 4.14%
> = 1096 days 4.00% 4.23%
Source: Bank website
Citibank recurring deposit interest rate

Citibank recurring deposit interest rate

On recurring deposits of less than Rs. 2 crore maturing in 365 days to 731 days, the bank now gives an interest rate of 2.75% to 3.00%, effective December 31, 2021. By making With a minimum monthly payment of Rs. 10,000 up to Rs. 20,000, customers will now benefit from the following interest rates on their recurring deposits with a maturity of 12 to 24 months.

Mandate Interest rate pa Yield
365 – 400 days 2.75% 2.78%
401 – 540 days 2.75% 2.78%
541 – 731 days 3.00% 3.06%
Source: Bank website
Citibank interest rate on tax savings deposits

Citibank interest rate on tax savings deposits

On tax saver deposits of less than Rs. 2 Cr with a 5-year maturity, the bank now offers an interest rate of 3.50% to regular customers and 4.00% to seniors. On tax savings deposits, depositors would not be eligible to make premature withdrawals, and they can claim a tax benefit of up to Rs. 1.5 lakh under Section 80C by investing in term deposits. saving tax.

Mandate Interest rate pa the elderly
5 years 3.50% 4.00%