Banking: This bank will shower you with profits! A ₹1,00,000 investment will yield a fixed interest of ₹21,341..

The financial environment in the market keeps changing, and bank interest rates also fluctuate, but one option that remains the top choice for millions of people is the Fixed Deposit (FD). ​​Especially when it comes to safe investments and guaranteed returns, FDs from government banks are considered the most reliable. This is why all banks offer different interest rates on their FDs, and the Central Bank of India is also on this list.

Yes, the Central Bank of India, a leading government bank in the country, is in the news for its attractive FD interest rates. Even after a 1.25% reduction in the repo rate over the year, this bank is offering excellent interest rates on its special FD schemes.

7 days to 10 years – Complete FD facility

You can open an FD account for a period ranging from 7 days to a full 10 years.
It is offering interest rates ranging from 3.00% to 6.80%.
Interest rates vary according to age and investment period.

Special FD Schemes - 444 days and 555 days
The biggest attraction here is two special FDs:

FD Tenure    Normal Interest Rate    Senior Citizen Interest Rate
444 days    6.30%    6.80%
555 days    6.30%    6.80%
These schemes are special because the bank offers higher interest rates on them compared to other tenures.

3-Year FD - The Most Popular Option
For stable returns over a longer period, the 3-year FD is the most preferred option.

Investor Category    Interest Rate
General Citizens    6.00%
Senior Citizens    6.50%
How much will you get on depositing 1 lakh? Let's say you deposited ₹1,00,000 in the Central Bank of India:

General Citizen (6% interest – 3 years)
Maturity Amount: ₹1,19,562
Fixed Interest Earned: ₹19,562

Senior Citizen (6.5% interest – 3 years)
Maturity Amount: ₹1,21,341
Fixed Interest Earned: ₹21,341

This means a guaranteed return after 3 years, without any risk or stress.

Why choose an FD?
Being a government bank, your money is 100% safe.
Principal + interest guaranteed on maturity.
Unaffected by market downturns or fluctuations.
Senior citizens get the benefit of extra interest.
Who is this scheme best suited for?

People who want safe investments.
Senior citizens who need regular guaranteed returns.
Investors planning for 2-3 years for short-term goals.
Those who have limited time to take risks.

So, it's clear that if you also want your money to grow risk-free, then this FD scheme from the Central Bank of India can be a great option. (Note: This article is for informational purposes only and should not be considered as investment advice. Please consult a financial advisor for investment decisions.)

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