CSB Bank FD rate
CSB Bank offers several fixed deposit systems to its customers and, under the ordinary fixed deposit system, the bank allows a minimum deposit amount of Rs 1000 up to Rs 2 Cr for a maturity period of 7 days at 10 years. The bank currently offers the highest interest rate of 5.50 percent on domestic term deposits with maturities greater than 5 years up to and including 10 years. Check the bank’s current fixed deposit interest rates for regular customers for deposit amount less than Rs 2 Cr.
| Tenor deposit | Interest rate |
|---|---|
| 7 days to 90 days | 3.00% |
| 91 days to 179 days | 3.50% |
| 180 days to less than a year | 4.25% |
| 1 year to less than 3 years | 5.00% |
| 3 years to less than 5 years | 5.25% |
| More than 5 years up to 10 years inclusive | 5.50% |
| Source: Bank website. From 02-11-2021 |
CSB bank interest rate on Acharya deposits
CSB Bank offers the Acharya deposit program to seniors, which allows them to make a minimum deposit of Rs 5,000 / – for a minimum period of 6 months to earn an additional 0.50% over the rate on the card. Seniors will now benefit from the following interest rates on their Acharya deposits.
| Tenor deposit | Below Rs 2 Crore | Rs 2 Crore and more |
|---|---|---|
| 180 days to less than a year | 4.75% | 4.75% |
| 1 year to less than 3 years | 5.50% | 5.50% |
| 3 years to less than 5 years | 5.75% | 5.75% |
| More than 5 years to 10 years | 6.00% | 6.00% |
| Source: Bank website. From 02-11-2021 |
CSB bank savings account interest rate
The bank also revised its interest rates on savings bank deposits on November 2, 2021, and savings account holders will now benefit from the following interest rates on their end-of-day balance.
- At the end of the day, the balance of up to Rs 1 lakh included, the bank offers an interest rate of 2.10%.
- At the end of the day, the balance being up to Rs 25 lakh included, the bank offers 2.10% for an amount up to Rs 1 lakh, 2.75% for an amount greater than Rs 1 lakh and up to ‘at 25 lakh.
- At the end of the day, the balance being up to Rs 50 lakh included, the bank offers 2.10% for an amount up to Rs 1 lakh, 2.75% for an amount greater than Rs 1 lakh and up to ‘at 25 lakh, 3.00% for an amount exceeding Rs. 25 lakh and up to Rs. 50 lakh.
- At the end of the day, the balance greater than Rs 50 lakh, CSB Bank offers an interest rate of 2.10% for an amount up to Rs 1 lakh, 2.75% for an amount greater than Rs 1 lakh and up to 25 lakh, 3.00% for an amount exceeding Rs. 25 lakh and up to Rs. 50 lakh, 3.50% for the remaining balance (above Rs 50 Lakh).
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