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City Union Bank (CUB)

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Up to Rs. 1 cr (last revised on Nov 28, 2016)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 90 days Up to Rs. 1 cr

6.25

6.25

Calculate
91 days to 180 days Up to Rs. 1 cr

6.75

6.75

Calculate
181 days to 364 days Up to Rs. 1 cr

7.00

7.00

Calculate
1 year Up to Rs. 1 cr

7.10

7.50

Calculate
1years and above upto 5 years Up to Rs. 1 cr

6.85

7.10

Calculate
Above 5 years and upto 10 years Up to Rs. 1 cr

6.70

6.95

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
City Union Bank Tax Saver Scheme - 5 years Upto Rs. 1 lakh

6.70

6.85

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Up to Rs. 1 cr (last revised on Nov 28, 2016)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year Up to Rs. 1 cr 7.10 Calculate
1years and above upto 5 years Up to Rs. 1 cr 6.85 Calculate
Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 Calculate
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