How to find the best rates for Citibank Fixed Deposit
Citibank, one of Indias leading private-sector banks, offers fixed deposits to customers as part of its retail banking portfolio. FD schemes feature competitive interest rates across all tenors, i.e. short, medium or long-term.
Interest rates on fixed deposits can change over time in response to market conditions and liquidity requirements of the bank. These changes are constantly monitored and updated in the above table to ensure maturities are calculated based on the latest rates, for real-time comparison.
Citibank Short-term FD Rates
Rates range between 6.25% for a 60-day deposit to 6.75% for holdings of 90 days. The 120-days and 6-month schemes are pegged mid-way at 7%. The shortest tenor offered is 30 days with returns at 3.5%.
Citibank Medium and Long-term FD Rates
The highest rate in this category is 7% for deposit schemes with tenors between 1 and 2 years. This is closely followed by schemes with tenors 3 years at 7.25% (lower by 0.25%). The longest holdings are for 4 to 5 years at 6.75%.
Citibank Senior Citizen FD Rates
FD rates are enhanced by 0.5% across all tenors for account-holders who are senior citizens. Short-term rates, for this segment of customers, range between 3% to to 7.06% and medium to long-term rates range between 7.12% to 7.73%.
All the rates mentioned above are on a per-annum basis, compounded quarterly.
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