Citibank FD Interest Rates (p.a.) Highlights 2022 | |
| Highest slab rate | 6.10% (for 271 to 400 days) |
| For 1 year | 6.10% |
| For 2 years | 3.00% |
| For 3 years | 3.50% |
| For 4 years | 3.50% |
| For 5 years | 3.50% |
| Tax-Saving FD | 3.50% |
The interest rates are updated as of 28 September 2022
Citibank FD Rates 2022
Fixed Deposit Interest Rates on Domestic deposits of less than Rs 2 crore w.e.f. 21 September 2022
| Tenure | Interest Rates (% p.a.) | |
| Regular Citizens | Senior Citizens | |
| 7-10 days | 1.85 | 2.35 |
| 11 to 14 days | 1.85 | 2.35 |
| 15-25 days | 1.90 | 2.40 |
| 26-35 days | 1.90 | 2.40 |
| 36-45 days | 2.55 | 3.05 |
| 46-60 days | 2.55 | 3.05% |
| 61-90 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– 364 days | 6.10 | 6.60 |
| 365-400 days | 6.10 | 6.60 |
| 401-540 days | 2.75 | 3.25 |
| 541-731 days | 3.00 | 3.50 |
| 732-1095 days | 3.50 | 4.00 |
| 1096 days and above | 3.50 | 4.00 |
Citibank Bank Tax Saver Deposit
| Tenure | Interest Rates (% p.a.) |
| 5 years | 3.50 |
Book SBM Bank FD & Get Lifetime FREE Step UP Credit Card Know More
NRE Fixed Deposit Interest Rates of deposits below Rs 2 crore w.e.f. 21 September 2022
| Tenure | Interest Rates (% p.a.) |
| 365 days – 400 days | 6.10 |
| 401 days – 540 days | 2.75 |
| 541 days – 731 days | 3.00 |
| 732 days – 1095 days | 3.50 |
| 1096 days and above | 3.50 |
NRO Fixed Deposit Interest Rates for deposits below Rs. 2 crore w.e.f. 21 September 2022
| Tenure | Interest Rates (% p.a.) |
| 7-10 days | 1.85 |
| 11-14 days | 1.85 |
| 15-25 days | 1.90 |
| 26-35 days | 1.90 |
| 36-45 days | 2.55 |
| 46-60 days | 2.55 |
| 61-90 days | 2.55 |
| 91-120 days | 2.55 |
| 121-150 days | 2.55 |
| 151-180 days | 2.55 |
| 181-270 days | 2.60 |
| 271– 364 days | 6.10 |
| 365-400 days | 6.10 |
| 401-540 days | 2.75 |
| 541-731 days | 3.00 |
| 732-1095 days | 3.50 |
| 1096 days and above | 3.50 |
Get Secured Credit Card with credit limit of 100% of your FD Apply Now
FCNR (Foreign Currency Non-Resident) Fixed Deposit Interest Rates w.e.f. 21 September 2022
| Tenure/Currency | Interest Rates (% p.a.) | |||||
| 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 |
Types of Citibank Fixed Deposit Schemes
Fixed / Term Deposit
- Minimum deposit: Rs 1,000
- Minimum tenure: 7 days
- Overdraft facility is available for up to 90% of the deposit amount for current account customers
- Interest options: Simple Interest Quarterly Payout/Quarterly Compounded Interest
Get Lifetime FREE Step UP Credit Card With No Annual Fees Know More
Multi / Flexible Deposit
- In this scheme, depositors can withdraw funds in multiples of Rs 1,000 without breaking the complete deposit
- Minimum deposit: Rs 1,000
- Minimum tenure: 7 days
- Interest options: Simple Interest Quarterly Payout/Quarterly Compounded Interest
Senior Citizen Deposit
- In this scheme, senior citizens are offered an additional interest rate of 0.50% p.a. on deposits below Rs 2 crore
- The deposit is linked to the savings account to offer Higher Net Relationship Value (NAV) to the depositor
- Minimum deposit: Rs 1,000
- Minimum tenure: 7 days
Book FD with SBM Bank & Get Virtual Credit Card Instantly Apply Now
Tax Saver Deposit
- Deposits under this scheme are eligible for tax deduction of up to Rs 1.5 lakh under Section 80C in each financial year
- Minimum deposit: Rs 1,000
- Tenure: 5 years (lock in period)
- Interest options: Simple Interest Quarterly Pay-out/Quarterly Compounded Interest
Non-Resident External Deposit (NRE) Deposits
- Eligibility: NRIs and PIOs
- Minimum deposit: Rs 80,000
- Tenure: 365 days (1 year) to 1825 days (5 years)
- Both the principal amount and interest earned are fully repatriable
- Depositors can either opt for any of the following interest option:
- Simple interest option wherein interest is accrued monthly & paid quarterly to rupee checking account
- Compound interest option wherein interest is accrued every 90 days and paid at maturity
- Automatic Roll over option is available
- Funds transfer:
- From outside India
- From within India: Only from an NRE/FCNR account or current income subject to submission of requisite documentation
Book SBM Bank FD & Get Lifetime FREE Step UP Credit Card Know More
Non-Resident Ordinary Deposit (NRO)
- Eligibility: NRIs and PIOs
- Minimum deposit: Rs 80,000
- Tenure: 7 days to 1825 days (5 years)
- RBI allows repatriation only for current income of up to USD 1 million in each financial year (April-March), after payment of applicable taxes
- Depositors can either opt for any of the following interest option:
- Simple interest option wherein interest is accrued monthly & paid quarterly to rupee checking account
- Compound interest option wherein interest is accrued every 90 days and paid at maturity
- Automatic Roll over option is available
- Funds transfer:
- From outside India
- From within India: From NRE/FCNR/NRO account or from Indian income sources
Foreign Currency Non-Resident (FCNR) Deposits
- Eligibility: NRIs and PIOs
- Minimum deposit: USD 2,000 or equivalent
- Tenure: 365 days (1 year) to 1825 days (5 years)
- Both the principal amount and interest earned are fully repatriable
- The interest is compounded every 180 days and is paid on maturity
- Automatic Roll over option is available
- Funds transfer:
- From outside India
- From within India: Only from an NRE/FCNR account
Get Secured Credit Card with credit limit of 100% of your FD Apply Now
FD Calculator
Before opening a fixed deposit account, the depositor should use the 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.