What is the highest CSB Bank FD rate for senior citizens?

The highest CSB Bank Senior Citizen FD rate is 7.15% p.a. on deposit for the tenure of 13 Months.

Is CSB Bank FD Safe for Senior Citizens?

CSB 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 CSB Bank FD?

Yes, CSB 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 CSB Bank Senior Citizen FD?

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

Is interest earned on CSB Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on CSB 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.

CSB Bank Senior Citizen Fixed Deposit Rates

Name: CSB Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.8 (12216 reviews)

CSB Bank offers attractive FD rates for senior citizens ranging from 3.00% to 7.15% p.a. across tenures of 7 days to 10 years. Continue reading for the latest CSB Bank Senior Citizen FD rates for senior citizens.

CSB Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.15%
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.

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

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

Tenure	Senior Citizen FD Rates (per annum)
7 days to less than 1 month	3.00%
1 month to less than 2 months	4.00%
2 months to less than 3 months	4.50%
3 months to less than 6 months	5.25%
6 months to less than 7 months	5.40%
7 months to less than 8 months	6.65%
8 months*	6.90%
Above 8 months to less than 12 Months	6.65%
12 months to less than 13 months	5.15%
13 months*	7.15%
Above 13 months to less than 18 months	5.65%
18 months*	7.50%
Above 18 months to 24 months	5.65%
Above 24 months to ‘24 months & 14 days’	5.90%
Above ‘24 months & 14 days’ to 25 months*	6.65%
Above 25 months to 60 months	5.90%
Above 60 months to 120 months	6.15%

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

Compare CSB Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
CSB Bank	7.15% (13 Months)
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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