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Citibank

Invest your money for flexible tenures and get rich returns only with Citibank Fixed Deposits. Get attractive interest rates for your preferred time duration and deposit account.

Listed below are the different types of Fixed Deposits with Citibank,

Vanilla Deposits/Term Deposits/Fixed Deposits
This type of deposit is an ordinary Vanilla Fixed Deposit.

  • Book a deposit from INR 1,000 onwards for tenure as low as 7 days
  • Interest - Compounding Interest/Simple Interest Quarterly Payout
  • Your deposit is linked to your Savings or Current Account to give you the benefit of a Higher Net Relationship Value
  • Current Account customers avail an overdraft line up to 90% of the deposit value

Senior Citizens Fixed Deposits

  • Senior Citizens Vanilla Deposits earn 50 additional basis points on deposits below Rs. 15 lakhs
  • Book a deposit from INR 1,000 onwards for tenure as low as 7 days
  • Interest - Compounding Interest/Simple Interest Quarterly Payout
  • Your deposit is linked to your Savings or Current Account to give you the benefit of a higher Net Relationship Value

Tax saver Fixed Deposits

  • Under the Finance Act of 2006, term deposits up to INR 1,00,000 booked for five years is applicable for benefit under Section 80C under Income Tax Act, 1961. This is offered to individual accounts, joint accounts and HUF.
  • You can book only up to INR 1 lakh in a financial year (April - March) under this product. The tenure allowed will only be 5 years as per the lock in period for Tax Saving Deposits under the IT Act.
  • Minimum Amount - Starting from INR 1,000
  • Interest - Compounding Interest/Simple Interest Quarterly Payout
  • The deposit is linked to your account balance so that you can enjoy the benefits of higher Net Relationship Value
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