City Union Bank Interest Rates on FD, Feb 2017

Fixed Deposit Interest Rate of City Union Bank

Last Updated 21st Feb 2017
Tenure General Rates Senior Citizen Rates
7 days to 90 days 6.25% 6.25%
91 days to 180 days 6.75% 6.75%
181 days to 364 days 7.00% 7.00%
1 year 7.10% 7.50%
1 year 1 day to 5 years 6.85% 7.10%
5 years 1 day to 10 years 6.70% 6.95%
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  • City Union Bank offers FD interest rates upto 7.10% per annum.
  • Interest on deposits with City Union Bank is typically compounded quarterly.
  • City Union Bank accepts deposits starting at Rs. 0 for various tenures.
  • For senior citizens (age more than 60 years), City Union Bank offers higher interest rate over and above rates mentioned below.
Calculate City Union Bank
FD Maturity Amount

City Union Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, City Union Bank .

Loan against City Union Bank FD

  • City Union Bank offers loan upto 0% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

City Union Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with City Union Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of City Union Bank in your city - Find City Union Bank Branches here

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  • City Union Bank FD rates with other banks in India

About City Union Bank

City Union Bank started its operations 110 years ago as a regional bank in Thanjavur district of Tamil Nadu on 31st October 1904 by the name of The Kumbakonam Bank Limited. The bank took over assets and liabilities of the Common Wealth Bank and its five branches in the year 1957. In April 1965, the bank amalgamated two other banks namely 'The City Forward Bank' and 'The Union Bank' and name of bank was changed to 'The Kumbakonam City Union Bank'. Finally on December 1987, the name of bank was changed to City Union Bank. Today City Union Bank has 426 branches and 839 ATM's across the country. The bank reported total assets of Rs. 24,993.83 crores as of year ending 31st March 2014. City Union Bank operates in four segments viz Corporate/Wholesale Banking, Retail Banking, Treasury and Other Banking services. Bank offers various online facilities to its customers for reliable banking like online bill payment, online shopping, online E-Tax payment etc.
News - Feb 2017
21st Nov 16 City Union Bank net profit increases by 15 percent
City Union Bank reported an increase of 15 percent in its net profit at Rs. 123 crores in July to September quarter as compared to Rs. 107 crores during same period last year. Net interest income during the period rose to Rs. 301 crores from Rs. 240 crores in same period of last year.
01st Sep 16 City Union Bank has reduced its MCLR from 1st September, 2016
City Union Bank has reduced its Marginal Cost Based Lending Rate (MCLR) across maturities, effective from 1st September, 2016. The 3month, 6 month and 1 year MCLR has been reduced by 25 basis points to 9.6, 9.65 and 9.75 percent respectively. Similarly, the overnight and 1 month MCLR has been reduced 20 basis points to 9.5 and 9.55 percent respectively. For borrowers who have taken a home loan from City Union Bank after 1st April 2016, the reduction in MCLR will translate into a reduction in their home loan rates and hence their interest outgo. However, if you have taken home loan at fixed interest rate then your interest expense will remain unchanged.
14th Aug 16 City Union Bank posts 10.73 per cent growth in profits
City Union Bank has reported an increase of 10.73 per cent in the net profit to Rs. 124 crore in the June quarter of FY17 from Rs. 112 crore in the same period of previous fiscal. Total income of the bank increased to Rs. 883.3 crore in first quarter of FY17 from Rs. 810.93 crore in the same period a year earlier. Gross NPAs and Net NPAs of the bank as a percentage stood at 2.62 per cent and 1.59 per cent in the June quarter from 2.01 per cent and 1.32 per cent in the corresponding period of FY16.
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