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Central Bank Of India NRE Scheme
The Central Bank Of India NRE tenure ranges from min 1 Year to max 9 Year 11 Months 27 Days . The ROI ranges from 5.50% to 6.75 % for the general public. The lock-in period for this scheme is
Central Bank Of India NRE Scheme for amount ranging from ₹ 2.0 Cr to ₹ 10.0 Cr
The rate of interest for deposited amount ranging from ₹ 2.0 Cr to ₹ 10.0 Cr is as below
Tenure | Interest Rate for General Public (p.a.) |
|---|---|
| 1 Year Upto 2 Year | 6.75% p.a. |
| 2 Year Upto 3 Year | 6.00% p.a. |
| 3 Year Upto 5 Year 1 Months 7 Days | 5.50% p.a. |
| 5 Year 1 Months 7 Days Upto 9 Year 11 Months 27 Days | 5.50% p.a. |
Central Bank Of India NRE Scheme for amount below ₹ 2.0 Cr
The rate of interest for deposited amount less than ₹ 2.0 Cr is as below
Tenure | Interest Rate for General Public (p.a.) |
|---|---|
| 1 Year Upto 2 Year | 6.75% p.a. |
| 2 Year Upto 3 Year | 6.75% p.a. |
| 3 Year Upto 5 Year 1 Months 7 Days | 6.50% p.a. |
| 5 Year 1 Months 7 Days Upto 9 Year 11 Months 27 Days | 6.25% p.a. |
Key features of Central Bank Of India NRE Scheme
Summary of Central Bank Of India NRE Scheme features :
| Mutual Fund Schemes | NRE |
| CRISIL Rating | -- |
| Lock-in Days | -- |
| Loan Against FD | Available |
| Pre-mature Withdrawal | -- |
| FD Nominee | -- |
| Tenure | 1 Year to 9 Year 11 Months 27 Days |
| General Public | 5.50% to 6.75 % |
| Senior Citizen | -- |
| Amount | Rs.20,000,000 to Rs.1,000,00000 |
*Interest rates are subject to change at the discretion of the bank. These Interest rates are with effect from 10 November 2021.
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