Central Bank of India Savings Account

Account Balance	Interest Rate (p.a.)
Up to Rs. 10 Crore	2.50%
Rs. 10 Crore to less than or equal to Rs. 100 Crore	2.75%
Rs. 100 Crore to less than or equal to Rs. 250 Crore	2.85%
Rs. 250 Crore to less than or equal to Rs. 500 Crore	3.00%
Rs. 500 Crore to less than or equal to Rs. 1000 Crore	3.50%
Rs. 1000 Crore to less than or equal to Rs. 2000 Crore	4.50%
Above Rs. 2000 crore	4.75%

Note: Interest rates are updated as of 8th December 2025 and are w.e.f. 10 September 2025.

Also Read: Savings Account Interest Rates 2025

Home Saving Safe Account	Cent Bachat Khata
Cent Param	Cent Samarth – Savings Deposits
Cent Samvridhi Savings Account	Cent Premium Account
Cent Balbhavihsya

Home Saving Safe Account

Central Bank of India Home Saving Safe Account is designed for all individuals keeping in mind they can inculcate the habit of savings and use those savings for their day-to-day requirements. The account holder is expected to maintain a minimum quarterly balance of Rs. 2,000 in metro/urban branches, Rs. 1,000 in semi-urban branches, and Rs. 500 in rural branches. The account offers below-mentioned features:

• Withdrawals from this account can be made through cheques, withdrawal slip and ATM
• debit card
• The account has nomination facility available
• 20 cheque leaves a year are provided for free
• SMS alerts on deposits and withdrawals are available

Cent Bachat Khata

Central Bank of India Cent Bachat Khata savings account is a no frills savings account. This account is designed keeping in mind all individuals must have a savings account. This savings account offers a host of benefits and features to the account holder. This account can be opened with an initial deposit of Rs. 50 and minimum balance to be maintained in this account is Rs. 50 only. Below-mentioned are the features of this savings account:

• No charges for not maintaining minimum balance
• The account holder can make 50 withdrawals in a year for free
• The balance in this savings account should not exceed Rs. 50,000 and total credit should not exceed Rs. 1,00,000 in a year
• Nomination facility is available in this savings account
• No limit on credit transactions

Cent Param

Central Bank of India offers Cent Param savings account for individuals who are deployed in the Army, Navy, and Air Force. This account type is not a regular savings account. This account has been designed under three wings of defence forces namely: Cent Sthall Shakti, Cent Jal Shakti, and Cent Vayu Shakti. Individuals belonging to these categories must ensure that their salary is being credited in this account to avail the services offered by this savings account. Below-mentioned are the features offered by this savings account:

• No charges at the time of opening the account
• No minimum balance requirement or account maintenance charges
• The account holder will get a lifetime unique account number which will be converted to a pension account upon retirement
• Salary will be credited directly on a pre-determined date
• Internet banking, mobile banking, and SMS alert facility is provided for free
• ATM/debit card will be provided for free at the time of opening the account
• A supplementary free ATM/debit card is provided for joint account holder
• Remittance through RTGS/NEFT is free
• The account holder can carry any number of transactions at Central Bank of India’s ATM to a maximum limit of Rs. 40,000 per day

Cent Samarth-Savings Deposits

Central Bank of India has launched Cent Samarth-Savings Deposits account for central and state government employees, educational institutes, PSUs, private companies and SMEs. This savings account is a zero balance savings account that comes with zero maintenance charges. This account comes with auto-sweep facility. The amount will be automatically credited to a fixed deposit account after a threshold of Rs. 25,000 in multiples of Rs. 5,000. The account offers below-mentioned features:

• RuPay Platinum debit card is issued with no charges on issuance and renewal
• Cash deposit and withdrawal is unlimited if done from home branches. However, withdrawal up to Rs. 50,000 per day is free from non-home branch
• ATM transactions at Central Bank of India’s ATM are free up to Rs. 40,000 per day. However, at other bank’s ATM, only 5 transactions are free
• Chequebook and demand draft facility is available at applicable charges

Cent Samvridhi Savings Account

Central Bank of India offers Cent Samvridhi Savings Account for Indian residents. This savings account can be opened singly, jointly, or with a guardian. The account comes with auto-sweep facility. The amount will be automatically transferred to fixed deposit account after a threshold of Rs. 50,000 in multiples of Rs. 5,000. The account holder is expected to maintain a minimum quarterly average balance of Rs. 25,000. This savings account offers below-mentioned features:

• The account holder will get a free ATM cum debit card
• Free net banking facility
• 50% waiver in credit card fees for the first year
• Sweep-in will be done on LIFO (Last in first out) basis

Cent Premium

Central Bank of India offers this Cent Premium savings account to its account holders with a host of benefits and features. Below-mentioned are the features and benefits offered by this savings account:

Features/Benefits	Rural	Semi-Urban	Urban	Metro
Amount to be deposited at the time of account opening	Rs. 250	Rs. 500	Rs. 1,000	Rs. 1,000
Monthly average balance to be maintained	Rs. 50,000	Rs. 50,000	Rs. 1,00,000	Rs. 1,00,000
Free cheque leaves per annum	60 leaves	100 leaves	150 leaves	200 leaves
ATM cum debit card	Free	Free	Free	Free
Facility of internet/SMS/mobile banking	Free	Free	Free	Free
Preferred banking services	Free	Free	Free	Free
Non-maintenance of minimum quarterly balance charges on a quarterly basis	Rs. 200	Rs. 500	Rs. 750	Rs. 1,000

It is to be noted that sweep-out facility in this savings account will be available on daily basis and the account holders of Cent Premium will be issued Platinum debit cards.

Cent Balbhavishya

Central Bank of India has curated Cent Balbhavishya for minors. This savings account will help minors know the importance of savings and it will also educate them about finance. Any child up to the age of 10 years can open this account with a parent or legal guardian. This savings account for minors offers below-mentioned features:

• This account can be opened with an initial deposit of Rs. 50 in rural and semi-urban branches. However, Rs. 100 will needs to be deposited in urban and metro branches
• Withdrawal is only permitted when the child reaches the age of 18 years
• Chequebook is not provided till the child attains the age of majority
• No restrictions on number of deposits in the account

To open a savings account in Central Bank of India, the applicant needs to produce below-mentioned documents:

• Passport
• Driving license
• Aadhaar card
• PAN card
• Two passport size photographs of all account holders
• Voter’s identity card issued by Election Commission of India
• Job card issued by NREGA duly signed by an officer of the State Government
• Letter issued by the National Population Register containing details of name and address

Category	Fees and Charges
Duplicate passbook/statement	Rs. 100 with the latest balance With previous entries Rs. 2 per entry, minimum Rs. 100 and maximum Rs. 1,000
Chequebook issuance	Rs. 3 per leaf for personalized through digital mode Rs. 4 per leaf if requested through the branch Rs. 5 per leaf for non-personalized
Account closing	No charges if closed within 14 days from the date of opening Rs. 300 if closed after 14 days but within 12 months No charges if closed after 12 months
Number of free transactions at other bank’s ATMs (Financial and non-financial)	Metro branches – 3 Other centres – 5
Charges beyond 3 transactions for designated metros and 5 other centres	For financial transactions: Rs. 21 plus applicable taxes per transaction For non-financial transactions: Rs. 10 plus applicable taxes per transaction
Charges for financial transactions beyond set limit	Rs. 10 plus applicable taxes per transaction
Charges for non-financial transactions beyond set limit	Rs. 5 plus applicable taxes per transaction
If transaction gets declined due to insufficient balance	Rs. 25 plus applicable taxes per transaction
Debit card variant charges	RuPay Select Issuance fee – Rs. 950 Annual maintenance charges – 950 RuPay Platinum Issuance fee – Rs. 300 Annual maintenance charges – Rs. 300 RuPay Business Card Issuance fee – Rs. 499 Annual maintenance charges – Rs 499

Below-mentioned applicants can open a savings account with Central Bank of India:

• Any individual in single name
• Joint accounts in the name of two or more individuals
• Minors can open jointly with their appointed guardian
• Literate minors above the age of 10 years can open individually in their name
• Blind and illiterate people
• Hindu undivided family
• Receivers/administrators/attorney appointed by courts etc
• Non-residents
• Associations, clubs, societies (including co-operative societies)
• Trust (if they do not conduct any business which is of commercial nature)
• Institutions/agencies which are specifically permitted by Reserve Bank of India

To open a savings account online in Central Bank of India, the applicant needs to follow the below-mentioned steps:

Step 1: Visit Central Bank of India’s official website and navigate the cursor on “Digital Banking” on the main page

Step 2: Upon navigating on “Digital Banking”, click on “Online Savings Account Opening” under “Apply Online”

Step 3: When you click on “Online Savings Account Opening”, you will be directed to a page “Online Savings Account Opening Portal”, click on “New User”

Step 4: On the next page, accept the term and conditions and proceed further

Step 5: Once you click on proceed, you will be directed to an online account opening application form, provide your personal and contact details as asked in the form and click on “Next”

Step 6: On the next page, provide “Nomination details”

Step 7: The bank will then ask you to provide your additional details, provide the details as asked and then click on submit

Step 8: Upon submitting the application, the bank will verify your details and open your savings account

If the applicant wants to open a savings account offline in Central Bank of India then the applicant will have to visit the Central Bank of India’s nearest branch. Below-mentioned steps explain how to open an offline savings account in Central Bank of India:

Step 1: Upon visiting the nearest branch of the bank, fill out the savings account application form

Step 2: The banking official will ask you to share your personal details such as mobile number, email id, PAN card, and Aadhaar number

Step 3: Once you share your personal details, choose the type of savings account you want to open

Step 4: If you are opening a zero balance savings account, there is no requirement to deposit any cash in the savings account initially

Step 5: Collate all the documents with the deposit cash slip and submit your documents with the proof of identity to the banking official

Step 6: Once you submit all your documents, the banking official will verify the documents and your account will be opened

You will be given a welcome kit which will have all the details to help you operate your savings account.

Central Bank of India Personal Loan	Central Bank of India Fixed Deposits
Central Bank of India Balance Enquiry	Central Bank of India Customer Care
Central Bank of India Net Banking	Central Bank of India Credit Card

Q. How can I check my Central Bank of India savings account balance?

Ans. To check your savings account balance in Central Bank of India, you can give a missed call to Central Bank of India’s toll-free number 1800 22 1911 or you can also check your savings account balance via UPI.

Q. What is the mobile banking app of Central Bank of India?

Ans. Cent Mobile is the mobile banking application of Central Bank of India.

Q. How can I apply for a debit card in Central Bank of India?

Ans. You can apply for a debit card in Central Bank of India through Cent Mobile app.

Q. How can I view my mini statement of savings account in Central Bank of India?

Ans. To view your mini statement, you can login to Cent Mobile application and on the home screen, click on “Accounts” > “Account Type” > “Mini Statement”.

Q. How can I block my debit card in Central Bank of India?

Ans. To block your card, you can send an SMS to 91+9967533228

• Send LOST (for blocking all cards linked to your mobile number)
• Send LOST <space> card no. (for blocking a specific card)
• Send LOST <space>Account no (for blocking card in a specific account)

You can also call at the bank’s toll-free number 1800 22 1911 to block your debit card.

The account holder can also mail on the provided email id: complaints@centralbank.co.in

Q. What is the maximum amount that can be transferred through IMPS per day in Central Bank of India?

Ans. You can transfer up to Rs. 2,00,000 per day through IMPS in Central Bank of India.

Q. What is the process to update savings account type in Central Bank of India?

Ans. To update your savings account type in Central Bank of India, you will have to visit the nearest branch of the bank and place a request to change your savings account. Unfortunately, this facility is not available online as of now.