Citibank offers a range of fixed deposit schemes to choose from for all types of investment needs of an individual. So if you are looking for a short-term deposit or for a tax savings long-term deposit or a deposit that is flexible in nature allowing you to withdraw from the deposit account whenever you require cash funds, Citibank is the answer. The range of fixed deposit schemes is varied and diverse.
Citibank FD Rates 2021
Tenure | Citibank Fixed Deposit Interest Rate | |
Regular Citizens | Senior Citizens | |
7 to 10 days | 2.40% | 2.90% |
11 to 14 days | 2.40% | 2.90% |
15-25 days | 2.40% | 2.90% |
26-35 days | 2.40% | 2.90% |
36-45 days | 2.55% | 3.05% |
46-90 days | 2.55% | 3.05% |
91-120 days | 2.55% | 3.05% |
121-150 days | 2.55% | 3.05% |
151-180 days | 2.55% | 3.05% |
181-270 days | 2.60% | 3.10% |
271 days – 364 days | 2.75% | 3.25% |
365-400 days | 2.75% | 3.25% |
401-540 days | 2.75% | 3.25% |
541-731 days | 3.00% | 3.50% |
732-1095 days | 3.50% | 4.00% |
1096 – 1825 days | 3.50% | 4.00% |
Note: Interest rates effective from 18th February 2021. Deposit amount <Rs.2 crore.

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NRE (Non-Resident External) Fixed Deposit Interest Rates
Tenure | Below Rs. 2 crore | Rs. 2 crore < Rs.3 crore |
365 days – 400 days | 2.75% | 2.00% |
401 days – 540 days | 2.75% | 2.00% |
541 days – 731 days | 3.00% | 2.00% |
732 days – 1095 days | 3.50% | 2.00% |
1096 days and above | 3.50% | 2.00% |
(Interest rates effective from 18th February 2021)
NRO (Non-Resident Ordinary) Fixed Deposit Interest Rates
Tenure | Below Rs. 2 crore | Rs. 2 crore < Rs.3 crore |
7 to 10 days | 2.40% | 2.00% |
11 to 14 days | 2.40% | 2.00% |
15-25 days | 2.40% | 2.00% |
26-35 days | 2.40% | 2.00% |
36-45 days | 2.55% | 2.00% |
46-60 days | 2.55% | 2.00% |
61-90 days | 2.55% | 2.00% |
91-120 days | 2.55% | 2.00% |
121-150 days | 2.55% | 2.00% |
151-180 days | 2.55% | 2.00% |
181-270 days | 2.60% | 2.00% |
271 days – 364 days | 2.75% | 2.00% |
365-400 days | 2.75% | 2.00% |
401-540 days | 2.75% | 2.00% |
541-731 days | 3.00% | 2.00% |
732-1095 days | 3.50% | 2.00% |
1096 – 1825 days | 3.50% | 2.00% |
(Interest rates effective from 18th February 2021)
FCNR (Foreign Currency Non-Resident) Fixed Deposit Interest Rates
Tenure/Currency | USD | GBP | EUR | JPY | CAD | AUD |
365 – 399 days | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
400 – 410 days | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
411 – 729 days | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
730 – 1825 days | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Note: All figures in % per annum. (Interest rates effective from 18th February 2021)

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Types of Citibank Fixed Deposit Schemes
Citibank offers the following types of fixed deposit accounts to its customers.
- Citibank Fixed/Term Deposit
- Citibank Multi/Flexible Deposit
- Citibank Senior Citizens Deposit
- Citibank Tax Saver Deposit
Citibank Fixed/Term Deposit
Citibank Fixed/Term Deposit allows customers to deposit money for a fixed period of time at a fixed interest rate. Below are some of the features of the fixed deposit scheme:
Features of Citibank Fixed/Term Deposit |
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Citibank Multi/Flexible Deposit
Citibank Multi/Flexible Deposit scheme is a flexible deposit scheme that promises high returns and at the same time provides liquidity wherein the customer can withdraw funds whenever required. The features of the account are as follows:
Features of Citibank Multi/Flexible Deposit |
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Citibank Senior Citizens Deposit
Citibank Senior Citizens Deposit is specially designed for senior citizens offering higher rates of interest as compared to FDs for other individuals. The features of this scheme are as follows:
Features of Citibank Senior Citizens Deposit |
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Useful Article: Senior Citizen Fixed Deposit Interest Rates

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Citibank Tax Saver Deposit
Citibank Tax Saver Deposit scheme is specially designed for tax saving purposes with a defined tenure. The features of this deposit scheme are as follows:
Features of Citibank Tax Saver Deposit |
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Also Read: Tax Saver FD Interest Rates
Citibank FD Calculator
Before making investments in Citibank fixed deposits, the depositor should use the Citibank FD calculator to check the amount he would receive on maturity. The user has to enter details such as the investment amount, tenure and rate of interest to get the interest and maturity amount.

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Applying for a Citibank Fixed Deposit Account
Any individual who wants to invest in a Fixed Deposit account with the bank can do so easily in two ways:
- For existing account holders
Opening a fixed deposit account online is very easy for existing account holders of the bank. They simply need to visit the website, enter their details and apply for a fixed deposit account.
- For new customers
Individuals who do not have an account with the bank, investing in a fixed deposit scheme of the bank is possible only when they open an account with Citibank. They will first have to apply for a savings account after which they can easily open a fixed deposit account.