Central Bank of India FD Calculator
Estimate the maturity value and interest on a fixed deposit with Central Bank of India. Adjust the amount, rate, tenure and compounding to match Central Bank of India's current FD terms.
Simple mode
Quick estimate, sensible defaults
Maturity value
₹1,41,478
Effective annualized yield
8.30%
“FD: Because sleep is better when your money sits still and steady.”
Simple Mode uses quarterly compounding, the norm for Indian bank FDs. Switch to Advanced Mode for investments above ₹10L, a different compounding frequency, and more control.
Top FD interest rates right now (compare against Central Bank of India)
See all bank rates →#1Suryoday Small Finance Bank
Bank's interest-rate page ↗Duration
30 months
Regular
8.10%
Yield* 8.88%
Sr. Citizen
8.25%
Yield* 9.06%
#2Jana Small Finance Bank
Bank's interest-rate page ↗Duration
36 months
Regular
8.00%
Yield* 8.94%
Sr. Citizen
8.30%
Yield* 9.32%
#3Equitas Small Finance Bank
Bank's interest-rate page ↗Duration
888 days
Regular
7.75%
Yield* 8.44%
Sr. Citizen
8.25%
Yield* 9.03%
Rates updated as of 14 Jul 2026 · p.a. · *Annualized yield assumes quarterly compounding over the shown tenure (1 year if unspecified). Confirm with the bank before investing.
FD tips
- Compare Central Bank of India's FD rate against the top-rate table above before committing.
- Ladder your FDs across tenures so some mature each year and you keep flexibility.
- Factor in tax on interest — your post-tax return can be lower than the headline rate.
- Building a smaller amount every month instead? See the Central Bank of India RD Calculator.
How it's calculated
A cumulative FD compounds interest each period and pays it at maturity. The maturity value is:
M = P × (1 + i/n)n·t
where P is the principal, i is the annual interest rate (as a decimal), n is the number of compounding periods per year (4 for quarterly — the most common convention for Indian bank FDs, including Central Bank of India), and t is the tenure in years. Set the rate slider to Central Bank of India's currently advertised FD rate for an accurate estimate — we don't hardcode a single bank's rate into the calculator itself.
Example
A ₹1,00,000 deposit at 7% for 5 years, compounded quarterly, grows to roughly ₹1,41,478 — an interest earning of about ₹41,478. Swap in Central Bank of India's currently advertised rate above for an exact figure.
About Central Bank of India
Central Bank of India is a public sector bank, founded in 1911, with a long-established nationwide network. Like every scheduled bank operating in India, deposits with Central Bank of India are covered by DICGC insurance up to the current per-depositor limit.
How it works
This calculator uses the same maturity-value formula as our general FD Calculator — Central Bank of India doesn't use a different compounding convention from any other Indian bank. Enter Central Bank of India's currently advertised rate (check their official rates page) and your deposit amount and tenure to see the projected maturity value.
How to use it
- Set your deposit amount and the tenure you're considering.
- Set Central Bank of India's current FD rate for that tenure — quarterly compounding is the default, matching standard Indian bank practice.
- Compare the result against the rate table below to see how Central Bank of India stacks up against other banks.
Important caveats
- We don't hardcode Central Bank of India's specific rate into this calculator — rates change, so always check Central Bank of India's official rates page before relying on a figure.
- FD interest is fully taxable at your income slab rate — the maturity value shown is pre-tax.
- Breaking an FD before maturity usually reduces your effective return via a penalty — this calculator assumes the FD runs its full chosen tenure.
Benefits of an FD with Central Bank of India
- DICGC-insured principal and interest, like any other scheduled Indian bank.
- Fixed, predictable returns unaffected by market movements.
- Central Bank of India's A long-established nationwide network, useful if you prefer in-branch service.
FD rates — top banks (including Central Bank of India)
Rates updated as of 14 Jul 2026
| Bank | Rate (p.a.) | Tenure | Notes |
|---|---|---|---|
| Suryoday Small Finance Bank | 8.10% | 30 months | Top Highest Interest rate from March 29, 2026 |
| Jana Small Finance Bank | 8.00% | 36 months | Effective from 23rd June 2026 |
| Equitas Small Finance Bank | 7.75% | 888 days | Peak advertised rate; varies by tenure |
Frequently asked questions
Is my FD with Central Bank of India insured?
Yes. Central Bank of India, like every DICGC-insured bank operating in India, has deposits covered up to the current DICGC limit per depositor per bank — the same protection that applies to any other bank on our platform, regardless of whether it's a PSU, private, or small finance bank.
Does Central Bank of India offer a senior citizen FD rate premium?
Most Indian banks, including Central Bank of India, offer a modest additional interest rate for senior citizens on fixed deposits. We don't display bank-specific senior rates on this page — check Central Bank of India's current published rates directly, or use the rate slider above to model a higher rate if you know your senior citizen premium.
How do I open an FD with Central Bank of India?
Central Bank of India, founded in 1911, offers fixed deposit accounts through its branch network, net banking, and mobile app, like most Indian banks. Use this calculator to work out the numbers first, then open the account directly with Central Bank of India — we don't process deposits or applications ourselves.
Learn more from official sources
- Reserve Bank of India (RBI) — regulator for Indian banks, including Central Bank of India.
- DICGC — deposit insurance covering Central Bank of India and every other DICGC-member bank.
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