Download the
Paisabazaar app Today!
Paisabazaar app Today!
Get instant access to loans, credit cards, and financial tools — all in one place
The bank also offers various fixed deposit products for NRIs, such as NRO, NRE, RFC, and FCNR (B) fixed deposits. City Union Bank accepts FCNR (B) fixed deposits in US Dollars (USD), British Pound Sterling (GBP), Euro (EUR), Japanese Yen (YEN), Canadian Dollar (CAD), Australian Dollar (AUD), and Singapore Dollar (SGD). The bank accepts RFC fixed deposits in USD, GBP, EUR and SGD.
|
City Union Bank FD Interest Rates (p.a.) Highlights |
|
| Highest slab rate | 6.75% (for 500 days) |
| For 1 year | 6.50% |
| For 2 years | 6.50% |
| For 3 years | 6.50% |
| For 4 years | 6.25% |
| For 5 years | 6.25% |
| Tax-Saving FD | 6.25% |
The interest rates are updated as of 27 January 2026
Book FDs at Interest rate upto 8.00% p.a
Manage all FDs in one place
No Bank A/C Required
CUB FD Interest Rates
Fixed Deposit Interest Rates on Domestic/NRO deposits of less than Rs 2 crore w.e.f. 15 December 2025
| Period | Interest Rates (% p.a.) | ||
| Regular Citizens | Senior Citizens | Super Senior Citizens | |
| 7 days to 14 days | 4.00 | 4.00 | 4.00 |
| 15 days to 45 days | 4.25 | 4.25 | 4.25 |
| 46 days to 90 days | 4.75 | 4.75 | 4.75 |
| 91 days to 180 days | 5.75 | 5.75 | 5.75 |
| 181 days to 270 days | 6.00 | 6.25 | 6.25 |
| 271 days to 364 days | 6.25 | 6.50 | 6.55 |
| 365 days to 499 days | 6.50 | 6.75 | 6.80 |
| 500 days | 6.75 | 7.00 | 7.05 |
| 501 days to 3 years | 6.50 | 6.75 | 6.80 |
| Above 3 years to 10 years | 6.25 | 6.50 | 6.50 |
Note: The senior citizen rates are not applicable to NRO deposits
City Union Bank Tax Saver Deposit
| Tenure | Interest Rate (% p.a.) |
| 5 years | 6.75 |
NRE Fixed Deposit Interest Rates w.e.f. 15 December 2025
| Period | Interest Rates (% p.a.) |
| 365 days to 499 days | 6.50 |
| 500 days | 6.75 |
| 501 days to 3 years | 6.50 |
| Above 3 years to 10 years | 6.25 |
FCNR (B) Fixed Deposit Interest Rates w.e.f. 2 December 2025
| Period | Interest Rates (% p.a.) | ||||||
| USD | GBP | EUR | YEN | CAD | AUD | SGD | |
| 1 year to less than 2 years | 4.85 | 4.25 | 2.50 | 0.20 | 3.00 | 4.00 | 2.00 |
| 2 years to less than 3 years | 4.30 | 4.00 | 2.00 | 0.20 | 2.75 | 3.95 | 0.00 |
| 3 years to less than 4 years | 3.50 | 3.00 | 1.50 | 0.20 | 2.50 | 3.85 | 0.00 |
| 4 years to less than 5 years | 3.25 | 3.00 | 1.40 | 0.20 | 2.50 | 3.75 | 0.00 |
| 5 years only | 3.25 | 3.00 | 1.40 | 0.20 | 2.50 | 3.65 | 0.00 |
RFC Fixed Deposit Interest Rates w.e.f. 2 December 2025
| Period | Interest Rates (% p.a.) | |||
| USD | GBP | EUR | SGD | |
| 1 year to less than 2 years | 4.85 | 4.25 | 2.50 | 2.00 |
| 2 years to less than 3 years | 4.30 | 4.00 | 2.00 | 0.00 |
| 3 years | 3.50 | 3.00 | 1.50 | 0.00 |
Types of City Union Bank FD Schemes
Regular Fixed Deposits
- Minimum deposit amount: Rs 100
- Tenure: 7 days to 10 years
- Pre-closure facility and auto-renewal option are available to depositors.
- Loan/overdraft and nomination facilities are available.
- The interest is calculated and added to the principal every quarter in case of cumulative deposits.
- Additional senior citizen FD interest rates are offered from 1 year onwards.
Flexifix Deposit
- Minimum amount of deposit: 10,000 and thereafter in multiples of Rs 5,000.
- Tenure: 30 days to 5 years
- Amount can be withdrawn in units of Rs 5,000 each with interest on a pro-rata basis.
- The depositor will continue to earn interest on balance units.
- Auto renewal option is available.
- Depositors are not allowed to avail of loans against deposits.
- Overdraft and nomination facilities are also available.
Tax Saver Deposits
- Deposits under this scheme are eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C in each financial year.
- Minimum deposit amount:
- Tax Saver Silver – Rs 100
- Tax Saver Gold – Rs 1,000
- Tenure: 5 years (lock-in)
- Loan facility and pre-closure of deposits are not available.
- A nomination facility is available.
- In the case of Tax Saver Silver Deposit, simple interest is paid out monthly or quarterly.
- In the case of Tax Saver Gold Deposit, cumulative interest is accrued and paid on maturity.
NRE Fixed Deposits
- Tenure: 1 year to 10 years.
- Both the principal and interest amount are fully repatriable.
- Depositors can opt for either cumulative or non–cumulative options.
- A quarterly interest pay-out option is available in case of non–cumulative option.
- Depositors can avail loan against deposits.
- Funds can be transferred from the FCNR/NRE account and NRO account.
NRO Fixed Deposits
- The deposit can be opened as a non-cumulative or cumulative deposit.
- Depositors can opt for a quarterly interest pay-out option in case of non–cumulative option.
- Both the principal and interest can be credited to the NRE Account up to USD 1 Million per financial year.
- Loan against deposit facility is available.
FCNR (B) Fixed Deposits
- This FD scheme can be opened in the following currencies: Australian Dollar (AUD), Canadian Dollar (CAD), Euro (EUR), British Pound Sterling (GBP), Japanese Yen (JPY), US Dollars (USD), and Singapore Dollar (SGD).
- Tenure: 1 year – 5 years.
- No interest will be paid if the FD is closed before the completion of 1 year.
- The deposit can be opened as non-cumulative or cumulative.
- Depositors can receive a half-yearly interest pay-out option in foreign currency or Indian rupee in case of non-cumulative FCNR (B) fixed deposits.
- The principal amount and interest earned are freely repatriable.
- Loans can be availed against deposits.
- Funds can be transferred from NRE Account or FCNR Account (at the ongoing exchange rate).
City Union Bank Premature Withdrawal Facility
In times of need, investors of City Union Bank are provided with the option to withdraw funds from their FD accounts before it matures. This premature withdrawal facility is provided in the regular fixed deposit scheme as well as the Flexifix scheme. Please note that the tax-saver scheme does not extend any such provision.
City Union Bank Loan against FD
Investors can take loan against fixed deposit on certain interest that is decided by the bank. The Flexifix term deposit scheme extends the alternative to opt for the overdraft facility. It should be noted that no such facility is available when one goes for a CUB Tax-Saver Scheme.
FD Calculator
FD Calculator is a tool that helps in calculating the potential returns that one shall get at maturity on investing in a fixed deposit. City Union Bank FD Calculator available at Paisabazaar.com can be used to calculate the maturity amount for CUB FDs. Enter details like deposit amount, prevailing City Union Bank FD rates and tenure and the tool shall provide you with potential earnings on FD.
FAQs
Q. What is the maximum interest rate one can avail with CUB FDs?
A. Currently, the highest CUB FD interest rate is 6.75% for 500 days and senior citizens can earn 7.00% on the same tenure.
Q. Who can open a fixed deposit account with City Union Bank?
A. Resident individuals, as well as Hindu Undivided Families, are eligible to open a fixed deposit with City Union Bank.
Q. What is the FD rate for senior citizens in City Union Bank?
A. City Union Bank offers an additional 0.25% p.a. interest rate to senior citizens on regular FDs that are offered to general citizens.
Q. Who is considered a senior citizen?
A. A person who has completed the age of 60 years is termed a senior citizen by the bank.
Q. What is the tenure for City Union Bank NRE term deposits?
A. NRE fixed deposits can be made for a period ranging from 1 year to 10 years.
Q. For how many years can a person hold an FCNR account with CUB?
A. FCNR fixed deposit account can be held for up to 5 years with City Union Bank.
Q. Does the bank levy any penal charges for premature withdrawal?
A. Yes. City Union Bank charges a penalty of 1% on premature withdrawal of FD.