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 : 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)
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