Corporation Bank FD Interest Rates

The Corporation Bank offers decent and almost constant FD interest rate of 6.50 percent for a period of 1-5 years with an additional .50 percent for senior citizens for deposits above 90 days (which is not true in all the cases since there is no benefit for them between 1-5 Crore investment or when period is less or both).

To avail the extra interest rates, the seniors must invest for at least 3 months but still check on other constraints(like amount) if applicable. The Fixed deposit interest rates for Corporation Bank are quite low for any period between 0-6 months but gradually increase up to 6.00 percent if the investment is for more than six months.

Don’t Miss: Dhanlaxmi Bank Fixed deposit interest rates

They reach a maximum of — percent (— for seniors) under a special ‘555’ days investment scheme. If you are planning an investment for the 1-2 year, then this 555 days plan would provide you with the best FD rates to go for without giving a second thought. Below interest rates are effective from 11 December 2018.

Corporation Bank Fixed deposit interest rates Feb 2019 (Domestic/NRO):

TIME PERIOD BELOW ONE CRORE
Interest Rate
(% per Annum)
Senior Citizen Rates
(% per Annum)
7 Days to 14 Days 4.50% 5.00%
15 Days to 30 Days 4,50% 5.00%
31 Days to 45 Days 4.50% 5.00%
46 Days to 60 Days 5.50% 6.00%
61 Days to 90 Days 5.50% 6.00%
91 Days to 180 Days 6.00% 6.50%
181 Days to 270 days 6.35% 6.85%
271 Days to 1 year 6.35% 6.85%
1 Year to 2 Years 6.80% 7.30%
2 Years to 3 Years 6.50% 7.00%
3 Years to 5 Years 6.50% 7.00%
5 Years to 10 Years 6.50% 7.00%
Above 10 Years 6.50% 7.00%

Corporation Bank provides good interest rates for above one year fixed deposits.

Corporation Bank NRE Fixed Deposit Interest Rates Feb 2019:

Maturity range Below 1 crore 1-10 crores  10-50 crore
 1 Year to 2 Years 6..80% 6.50% 5.25%
2 Years to 3 Years 6.50% 6.50% 5.25%
Above 3 Years 6.50% 6.50% 5.25%

Updated: 2 February 2019

Important notes:

  • 1% penalty will be charged for closing deposits before maturity period and no interest will be paid for closing deposits before 7 days.
  • Deposits of senior citizens & staff’s opened under NRO and NRE scheme are not eligible for additional interest benefit.
  • Contact branch to open fixed deposit account above 1 crore.
  • No interest will be paid for closing deposits before maturity period in case of NRE deposits.
  • 4% interest rate for all saving accounts.

Corporation Bank Fixed Deposit Calculator:

Calculate Maturity Value Now

To get full Corporation Bank interest rates details visit official website @http://www.corpbank.com/rates_deposit_rate

View Comments (9)

  • I want to know, if I deposit Rs 1 Lakh as fixed deposit for 2 or 3 years, then what is the interest for 1 year ? please clear me sir..

  • I want to know if I put 1 lakh rupees FD in your bank how much interest amount I will get after 1 year?

  • I want to know, if I deposit Rs 1 Lakh and above as fixed deposit for 2or3 years,then what is the monthly interest? please clear me sir..

  • I want to know if I put 1 lakh rupees FD in your bank how many amount will be get after 1 year.

  • can I transfer my accounts balance to FD & how much & sdaule the FD banifid. please give details to my email..