CBI FD Interest Rates 2026 – Latest Central Bank of India Fixed Deposit Rates
Central Bank of India (CBI), a public sector bank, offers secure and flexible Fixed Deposit (FD) schemes in 2026 for investors looking for guaranteed returns. With competitive tenure options and senior citizen benefits, CBI FDs are suitable for both short-term and long-term savings.
Here’s a detailed guide covering the latest Central Bank of India FD interest rates, features, eligibility, and how to open an FD.
Central Bank of India FD Interest Rates 2026 – Quick Overview
| Category | Interest Rate (Per Annum) |
|---|---|
| Regular Customers | Typically 6.00% – 7.75% |
| Senior Citizens | Up to 0.50% higher |
| Super Senior Citizens (if applicable) | Additional benefit as per the bank policy |
| Tenure | 7 days to 10 years |
| Minimum Deposit | ₹1,000 |
| Interest Payout | Monthly, Quarterly, Half-Yearly, Annually, or on Maturity |
FD interest rates may change periodically. Always confirm the latest rates via Central Bank of India Net Banking, mobile app, or branch before investing.
Central Bank of India FD Interest Rates 2026 (Indicative – Tenure Wise)
| Tenure | Regular Rate | Senior Citizen Rate |
|---|---|---|
| 7 – 14 days | 6.00% | 6.50% |
| 15 – 29 days | 6.25% | 6.75% |
| 30 – 90 days | 6.50% | 7.00% |
| 91 – 180 days | 6.75% | 7.25% |
| 6 – 12 months | 7.00% | 7.50% |
| 1 – 2 years | 7.25% | 7.75% |
| 2 – 3 years | 7.50% | 8.00% |
| 3 – 5 years | 7.75% | 8.25% |
| 5 – 10 years | 6.75% | 7.25% |
Rates are indicative for 2026 and may vary based on deposit amount and scheme.
Example – FD Maturity Calculation
If you invest ₹2,00,000 for 3 years at 7.75% (cumulative option):
- Estimated Interest Earned: ₹50,000 – ₹54,000
- Total Maturity Amount: Around ₹2,50,000 – ₹2,54,000
Actual returns depend on quarterly compounding.
You can calculate the exact maturity value using the FD calculator available in the Central Bank of India’s online banking portal.
Key Features of Central Bank of India FD
Flexible Tenure Options
Choose tenure from 7 days up to 10 years.
Senior Citizen Extra Interest
Customers aged 60+ years typically receive 0.50% additional interest.
Loan Against FD
Loan or overdraft facility available up to 75%–90% of the FD value (as per bank policy).
Premature Withdrawal Facility
Allowed with penalty charges as per bank rules.
Multiple Interest Payout Options
- Monthly
- Quarterly
- Half-Yearly
- Annual
- Cumulative (interest paid at maturity)
Types of FD Schemes Offered
Central Bank of India may offer:
- Regular Fixed Deposit
- Senior Citizen FD
- Tax Saving FD (5-year lock-in under Section 80C)
- Cumulative FD
- Non-Cumulative FD
- Special Term Deposit Schemes (limited-time offers)
Availability may vary in 2026.
Eligibility Criteria
✔ Resident Indian individuals
✔ Senior citizens
✔ Joint account holders
✔ HUF and institutions (subject to bank approval)
NRIs can check NRE/NRO FD schemes separately.
Documents Required
For existing customers with updated KYC:
- No additional documents are typically required.
For new customers:
- Aadhaar Card
- PAN Card (mandatory)
- Address Proof
- Passport-size photograph (for branch application)
How to Open Central Bank of India FD (Step-by-Step)
Method 1: Online via Net Banking (24×7)
- Log in to Central Bank of India Net Banking.
- Go to Deposits → Open Fixed Deposit.
- Enter the deposit amount and choose the tenure.
- Select payout option.
- Confirm nominee details.
- Submit using OTP authentication.
FD confirmation will be generated instantly.
Method 2: Through Mobile Banking App
- Open the Central Bank of India Mobile App.
- Select Open Fixed Deposit.
- Enter the required details and confirm.
Method 3: Visit Nearest Branch
- Fill the FD application form.
- Submit KYC documents.
- Deposit funds via cheque or transfer.
- Collect the FD receipt.
Branch timings may vary by location.
Taxation Rules (2026)
- Interest earned is taxable as per your income tax slab.
- TDS may apply if interest exceeds the prescribed limits.
- Tax-saving FDs qualify under Section 80C (up to ₹1.5 lakh per financial year).
Is the Central Bank of India FD Safe?
The Central Bank of India is a public sector bank regulated by the RBI.
Deposits up to ₹5 lakh per depositor, per bank, are insured under DICGC.
Frequently Asked Questions (FAQs)
1. What is the highest FD rate in the Central Bank of India in 2026?
A. Typically around 7.75% for regular customers, and higher for senior citizens, depending on tenure.
2. What is the minimum FD amount?
A. Usually ₹1,000.
3. Can I withdraw FD before maturity?
A. Yes, premature withdrawal is allowed with a penalty.
4. Is online FD booking available?
A. Yes, via net banking and mobile banking (24×7).
5. Is a loan against an FD available?
A. Yes, subject to bank policy.
Conclusion
CBI FD Interest Rates 2026 offer stable, reliable returns, flexible tenure options, and senior citizen benefits. Backed by public sector trust and DICGC insurance coverage up to ₹5 lakh, Central Bank of India FDs remain a safe investment option for conservative investors.
Before investing, always confirm the latest rates through official Central Bank of India channels to ensure accurate details.
