YOU ARE HERE » MONEYCONTROL » FIXED INCOME » BANK DEPOSITS

Corporation Bank

Fixed Deposit Rates

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

a) For domestic deposits - Less than Rs. 15 lakh (last revised on May 28, 2012)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
15 days to 29 days Less than Rs. 15 lakh

6.00

N.A

Calculate
30 days to 45 days Less than Rs. 15 lakh

6.50

N.A

Calculate
46 days to 60 days Less than Rs. 15 lakh

6.50

N.A

Calculate
61 days to less than 75 days Less than Rs. 15 lakh

6.50

N.A

Calculate
75 days to less than 120 day Less than Rs. 15 lakh

8.00

N.A

Calculate
91 days to less than 120 days Less than Rs. 15 lakh

N.A

8.50

Calculate
120 days to less than 180 days Less than Rs. 15 lakh

8.50

9.00

Calculate
180 days to less than 9 months Less than Rs. 15 lakh

9.00

9.50

Calculate
9 months to less than 12 months Less than Rs. 15 lakh

9.00

9.50

Calculate
12 months only Less than Rs. 15 lakh

9.50

10.00

Calculate
Above 12 months to less than 2 years Less than Rs. 15 lakh

9.25

9.75

Calculate
2 years to less than 3 years Less than Rs. 15 lakh

9.25

9.75

Calculate
3 years to less than 5 years Less than Rs. 15 lakh

9.25

9.75

Calculate
5 years to less than 8 years Less than Rs. 15 lakh

9.00

9.50

Calculate
8 years and above Less than Rs. 15 lakh

9.00

9.50

Calculate

b) For domestic deposits - Rs. 15 lakh to less than Rs. 1 cr (last revised on May 28, 2012)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
15 days to 29 days Rs. 15 lakh to less than Rs. 1 cr

6.00

N.A

Calculate
30 days to 45 days Rs. 15 lakh to less than Rs. 1 cr

6.50

N.A

Calculate
46 days to 60 days Rs. 15 lakh to less than Rs. 1 cr

6.50

N.A

Calculate
61 days to less than 75 days Rs. 15 lakh to less than Rs. 1 cr

6.50

N.A

Calculate
75 days to less than 120 day Rs. 15 lakh to less than Rs. 1 cr

8.00

N.A

Calculate
91 days to less than 120 days Rs. 15 lakh to less than Rs. 1 cr

N.A

8.50

Calculate
120 days to less than 180 days Rs. 15 lakh to less than Rs. 1 cr

8.50

9.00

Calculate
180 days to less than 9 months Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
9 months to less than 12 months Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
12 months only Rs. 15 lakh to less than Rs. 1 cr

9.50

10.00

Calculate
Above 12 months to less than 2 years Rs. 15 lakh to less than Rs. 1 cr

9.25

9.75

Calculate
2 years to less than 3 years Rs. 15 lakh to less than Rs. 1 cr

9.25

9.75

Calculate
3 years to less than 5 years Rs. 15 lakh to less than Rs. 1 cr

9.25

9.75

Calculate
5 years to less than 8 years Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
8 years and above Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

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

 
Corp Tax Saver Plus - 5 years Upto Rs. 1 lakh

9.00

9.50

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 NRO Fixed Deposit - Less than Rs. 15 lakh (last revised on May 28, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
15 days to 29 days Less than Rs. 15 lakh 6.00 Calculate
30 days to 45 days Less than Rs. 15 lakh 6.50 Calculate
46 days to 60 days Less than Rs. 15 lakh 6.50 Calculate
61 days to less than 75 days Less than Rs. 15 lakh 6.50 Calculate
75 days to less than 120 day Less than Rs. 15 lakh 8.00 Calculate
120 days to less than 180 days Less than Rs. 15 lakh 8.50 Calculate
180 days to less than 9 months Less than Rs. 15 lakh 9.00 Calculate
9 months to less than 12 months Less than Rs. 15 lakh 9.00 Calculate
12 months only Less than Rs. 15 lakh 9.50 Calculate
Above 12 months to less than 2 years Less than Rs. 15 lakh 9.25 Calculate
2 years to less than 3 years Less than Rs. 15 lakh 9.25 Calculate
3 years to less than 5 years Less than Rs. 15 lakh 9.25 Calculate
5 years to less than 8 years Less than Rs. 15 lakh 9.00 Calculate
8 years and above Less than Rs. 15 lakh 9.00 Calculate

b) For NRO Fixed Deposit - Rs. 15 lakh to less than Rs. 1 cr (last revised on May 28, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
15 days to 29 days Rs. 15 lakh to less than Rs. 1 cr 6.00 Calculate
30 days to 45 days Rs. 15 lakh to less than Rs. 1 cr 6.50 Calculate
46 days to 60 days Rs. 15 lakh to less than Rs. 1 cr 6.50 Calculate
61 days to less than 75 days Rs. 15 lakh to less than Rs. 1 cr 6.50 Calculate
75 days to less than 120 day Rs. 15 lakh to less than Rs. 1 cr 8.00 Calculate
120 days to less than 180 days Rs. 15 lakh to less than Rs. 1 cr 8.50 Calculate
180 days to less than 9 months Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
9 months to less than 12 months Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
12 months only Rs. 15 lakh to less than Rs. 1 cr 9.50 Calculate
Above 12 months to less than 2 years Rs. 15 lakh to less than Rs. 1 cr 9.25 Calculate
2 years to less than 3 years Rs. 15 lakh to less than Rs. 1 cr 9.25 Calculate
3 years to less than 5 years Rs. 15 lakh to less than Rs. 1 cr 9.25 Calculate
5 years to less than 8 years Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate
8 years and above Rs. 15 lakh to less than Rs. 1 cr 9.00 Calculate

a) For NRE Fixed Deposit - Less than Rs. 5 cr (last revised on May 28, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
12 months only Less than Rs. 5 cr 9.50 Calculate
12 months to less than 5 years Less than Rs. 5 cr 9.25 Calculate
5 years to 10 years Less than Rs. 5 cr 9.00 Calculate