The Catholic Syrian Bank (CSB) is registered as a private sector bank with headquarters based in Thrissur, Kerala. It is one of the oldest operational banks in India. It started its operations in 1920 and initially only serviced the business sector.
Catholic Syrian Bank today has over 400 branches and more than 200 ATM’s across the country. The bank specializes in money market investments and capital market instruments.
CSB also focuses on rural areas. More than 75% of its customers are economically weak and more than 80% of its branches are in the semi-urban and rural areas.
The Bank offers two types of deposits. One is the regular term deposit with tenors ranging from 7 days to 120 months. The interest rate on the terms deposits is quite low as compared to the other banks.
The Acharya fixed deposit scheme run by the bank offers a higher rate of interest however the shortest tenor starts from 180 days and maximum goes up to 120 months. Below interest rates are effective from 29 October 2018.
Catholic Syrian Bank Fixed Deposit Interest Rates February 2019 (Domestic Term and NRO):
| Period | Deposit Rates
Below 1 Crore (% p.a) |
Deposit Rates
Above 1 Crore (% p.a) |
|---|---|---|
| 7 Days to 14 Days | 3.50% | Contact Branch |
| 15 Days to 30 Days | 4.00% | Contact Branch |
| 31 Days to 90 Days | 5.00% | Contact Branch |
| 91 Days to 180 Days | 5.50% | Contact Branch |
| 180 Days to 364 Days | 6.50% | Contact Branch |
| 1 Year | 7.00% | Contact Branch |
| 1 Year to 3 Years | 6.75% | Contact Branch |
| 3 Years | 6.50% | Contact Branch |
| 5 Years to 10 Years | 6.50% | Contact Branch |
CSB Interest rates on Acharya Deposits February 2019:
| Period | Below 1 Crore | Above 1 Crore |
|---|---|---|
| 180 Days to 1 Year | 6.75% | Contact Branch |
| 1 Year to 3 Years | 7.00% | Contact Branch |
| 3 Years | 7.25% | Contact Branch |
| 3 Year to 10 Years | 7.00% | Contact Branch |
CSB NRE Fixed Deposit Interest Rates February 2019:
| Maturity Period | Amount
Below 1 Crore
|
Amount
Above 1 Crore |
|---|---|---|
| 1 Year | 7.71% | Contact Branch |
| 1 Year to 3 Years | 7.73% | Contact Branch |
| 4 Years | 8.00% | Contact Branch |
| 4 Years to 10 Years | 8.30-10.02% | Contact Branch |
Table Updated: 21 February 2019
Catholic Syrian Bank Fixed Deposit Interest Calculator
Calculate Maturity Value Now
Be the first to comment