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

NA

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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