|Tenure||Normal Citizen FD Rate||Senior Citizen FD Rate|
|7 days - 14 days||5%||5%|
|15 days - 1 month 14 days||5.5%||5.5%|
|1 month 15 days - 2 months 28 days||5.75%||5.75%|
|3 months - 5 months 28 days||6%||6%|
|5 months 29 days - 8 months 26 days||6.25%||6.5%|
|8 months 27 days - 11 months 28 days||6.5%||6.75%|
|11 months 29 days - 1 year 1 month 2 days||6.75%||7%|
|1 year 1 month 3 days - 1 year 1 month 3 days||7%||7.5%|
|1 year 1 month 4 days - 2 years 11 months 29 days||6.5%||6.75%|
|3 years - 9 years 11 months 27 days||6.25%||6.5%|
Note: All interest rates shown above are as on 6th Nov 2023
City Union Bank Limited (CUB) is an Indian bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu. The bank has a balance sheet size of Rs. 49,734 Crs as on 31st March 2020. The bank recorded a profit of Rs 476 Crs in FY20
5% - 7%
5% - 7.5%
FD Rate for Seniors
₹ 2 Crores
Loan against FD
|Investment Amount||For 3 years with interest of 6.5%||For 5 years with interest of 6.25%|
|₹ 50,000||₹ 60,734||₹ 68,286|
|₹ 1 lakh||₹ 1,21,467||₹ 1,36,573|
|₹ 2 lakh||₹ 2,42,934||₹ 2,73,146|
|₹ 5 lakh||₹ 6,07,336||₹ 6,82,865|
|₹ 10 lakh||₹ 12,14,672||₹ 13,65,730|
Use FD calculator to change values and compare your returns from top banks.
|Maturity Amount||₹ 1,06,963||₹ 1,07,763|
|Total Investment Amount||₹ 1,00,000||₹ 1,00,000|
|Total Interest Gained||₹6,963||₹ 7,763|
|Bank Name||FD Interest Rates|
|Kerala Gramin Bank FD||7.5% - 8%|
|Punjab and Sind Bank FD||6% - 6.5%|
|Ellaquai Dehati Bank FD||6.25% - 6.75%|
|Manipur Rural Bank FD||6.2% - 6.7%|
|Sarva Haryana Gramin Bank FD||6.75% - 7.25%|
|LIC Housing Finance FD||7.75% - 8%|
|Dhanlaxmi Bank FD||6.5% - 7%|
|Tamilnad Mercantile Bank FD||6.5% - 7%|
|Capital Small Finance Bank FD||7.15% - 7.65%|
|Madhyanchal Gramin Bank FD||6% - 6.5%|
City Union Bank offers multiple fixed deposits for various tenures with different interest rates to its investors. The interest rate on City Union Bank FDs is higher than their savings account. One can invest in City Union Bank FDs through both online and offline modes with just a minimum investment of INR 100.
A basic fixed deposit account that allows investors to earn higher returns than a savings account. Following are the features of CUB FD:
A fixed deposit that offers the benefits of an FD and flexibility of withdrawal in one scheme. Following are the features of this deposit scheme:
A tax saving FD that helps in saving tax up to INR 1.5 lakhs per annum. Following are the features of the CUB Tax Saver Deposit:
One can open a City Union Bank FD account through various modes such as Internet Banking, Mobile App and offline.
The following steps will help an individual to open a CUB Bank FD account through internet banking:
The following steps will guide in opening an FD account through CUB Mobile Banking App:
To open a CUB Bank FD account offline, one has to visit the nearest CUB Bank branch. Fill the City Union Bank FD application form and submit all the necessary documents along with the deposit amount. On successfully processing the application, CUB Bank will provide an FD receipt.
To open a City Union Bank fixed deposit scheme, one would need the following documents:
Resident individuals and Hindu Undivided Families are eligible to open a City Union Bank FD account.
City Union Bank offers recurring deposits to its depositors. City Union Bank recurring deposits have a minimum tenure of one year and a maximum tenure of 10 years. Depositors can open an RD account either by going to the City Union Bank branch or online using internet banking. The minimum investment in City Union Bank RD is INR 100 and thereafter in multiples of INR 100.
Only investment in City Union Bank Tax Saving FD qualifies for tax saving up to INR 1,50,000 per annum. Investment in no other City Union Bank FDs qualifies for tax saving under Section 80C of the Income Tax Act. The interest income from City Union Bank FD is taxable as per the investor’s income tax slab rates. Moreover, the interest income is subject to a TDS of 10% if the income from City Union Bank FD exceeds INR 40,000 per annum. For senior citizens, the limit is INR 50,000 per annum. Also, if the investor doesn’t disclose PAN Card details to the City Union Bank, then the TDS rate will be 20%.
What is the highest City Union Bank FD rate today?
What is the highest interest rate on City Union Bank 1 year FD scheme?
What is City Union Bank FD scheme interest rate for 5 years?
How many years FD will double in City Union Bank?
What is City Union Bank FD minimum deposit amount?
What is senior citizen fixed deposit interest rates in City Union Bank?
What are the available FD tenures in City Union Bank?
What is City Union Bank FD ROI for 10 lakh deposit for 1 year?
The interest from the City Union Bank FD calculator for 10 lakh deposit for 1 year will be INR 69,628. The maturity value will be INR 10,69,628. You can use Scripbox’s FD Calculator to determine the maturity value of your investment.
How to check the fixed deposit balance in City Union Bank?
How many FDs can be opened in City Union Bank?