What is the highest City Union Bank FD rate for senior citizens?

The highest City Union Bank Senior Citizen FD rate is 7.50% p.a. on deposit for the tenure of 555 Days.

Is City Union Bank FD Safe for Senior Citizens?

City Union Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a City Union Bank FD?

Yes, City Union Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a City Union Bank Senior Citizen FD?

The minimum amount required to open a City Union Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on City Union Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on City Union Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

City Union Bank Senior Citizen Fixed Deposit Rates

Name: City Union Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.9 (10708 reviews)

City Union Bank offers attractive FD rates for senior citizens ranging from 4.00% to 7.50% p.a. across tenures of 7 days to 10 years. Continue reading for the latest City Union Bank Senior Citizen FD rates for senior citizens.

CUB Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.50%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

City Union Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of CUB Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
7 days to 14 days	4.00%
15 days to 45 days	4.25%
46 days to 90 days	4.75%
91 days to 180 days	5.75%
181 days to 270 days	6.25%
271 days to 364 days	6.50%
365 days to 443 days	6.90%
444 days	7.35%
445 days to 554 days	7.40%
555 days	7.50%
556 days to 3 years	6.75%
Over 3 Years upto 5 Years	6.75%
Over 5 Years up to 10 Years	6.50%

Use the City Union Bank FD Calculator below to estimate the maturity amount and interest earned on your City Union Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

City Union Bank Super Senior Citizen FD Rates

CUB offers an additional interest rate to super senior citizens, typically individuals aged 80 years and above. Here is a breakdown of City Union Bank super senior citizen fixed deposit rates:

Tenure	Super Senior Citizen FD Rates (per annum)
7 days to 14 days	4.00%
15 days to 45 days	4.25%
46 days to 90 days	4.75%
91 days to 180 days	5.75%
181 days to 270 days	6.25%
271 days to 364 days	6.55%
365 days to 443 days	6.95%
444 days	7.40%
445 days to 554 days	7.45%
555 days	7.55%
556 days to 3 years	6.80%
Over 3 Years upto 5 Years	6.80%
Over 5 Years up to 10 Years	6.60%

Compare City Union Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than City Union Bank for specific tenures. The table below compares City Union Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
City Union Bank	7.50% (555 Days)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
Shriram Finance Bank	7.75% (36 to 60 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

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