NEWS & ADVICE : FIXED DEPOSITS
Central Bank of India’s new RD scheme: ‘Centswashakti’
By Neelima Shankar
Aug 13, 2012
Print    Email    RSS   

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 : 6) Post Your Comments
1. I am a central bank customer .I would like to know the RD advantages and the schemes available .please mail me sir
satih kumar spp (Posted: Mar 31, 2014)
2. please sir. kya centswashakti mein daily paise dalna jaruri hain kya?..... Aur agar ek shaath fixed amount dal sakte hain kya? aur baad mein nahi
m.k. (Posted: Feb 5, 2014)
3. please sir. kya centswashakti mein daily paise dalna jaruri hain kya?..... Aur agar ek shaath fixed amount dal sakte hain kya? aur baad mein nahi
m.k. (Posted: Feb 5, 2014)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Fetch higher interest rate on your savings...
Carnival of Indian Personal Finance Blogs...
Planning to invest in a bank FD? Think again
Should you preclose your current FD for...
Things to know before retirement


i want to know my account balance
I want check my saving account details...
HOW MANY YEAR DUBBLE MY FIXED DEPOSIT ON S,B,I
I WANT TO INVEST 25000 IN FD, HOW MANY RUPEES FOR...

NEWS THIS WEEK
New deposit product – Anupama rolled out by SBT Apr 9, 2014
ICICI bank lodged FIR for the fake currency notes Apr 9, 2014
50th coin mela by HDFC bank Apr 8, 2014
IDBI bank earned a huge tax collection Apr 7, 2014
City Union Bank launching 75 new branches Apr 3, 2014
News Archive