NEWS & ADVICE : FIXED DEPOSITS
Central Bank of India’s new RD scheme: ‘Centswashakti’
By Neelima Shankar
Aug 13, 2012
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The Mumbai based bank, Central Bank of India, has introduced a new scheme in the retail deposits segment. The scheme, called ‘Centswashakti', is a recurring deposits scheme which provides the depositors convenience and freedom to deposit an amount which is up to 10 times of the pre decided monthly minimum amount. In addition to this, the amount can be deposited more than once during a month.

The recurring deposits scheme has tenures varying between a minimum of 6 months to a maximum of 120 months. The interest rates provided on the scheme will be computed daily and will depend on the existing term deposit card rate of the bank. It will be credited to the respective accounts once every 6 months.


(Comments Posted : 14) Post Your Comments
1. Pls send me latest rd & rate of interest in my mail id
madhumita das (Posted: Nov 13, 2014)
2. Please send latest RD scheme & interest rates in my mail id
ranjeet singh (Posted: Sep 26, 2014)
3. 1. Please send latest RD scheme & interest rates in my mail id
inderjit singh (Posted: Sep 18, 2014)
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