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Deposit Rate of Interest
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DOMESTIC TERM DEPOSITS (Including MSD) from 01.10.2013

 

Period
 Rate of Interest % p.a
General Senior Citizens
7 days to 90 days 7.50% 7.50%
91 days to 180 days 7.75% 7.75%
181 days to 270 days 7.85% 7.85%
271 days to 364 days 9.00% 9.00%
1 year & above and upto 2 years 9.50% 9.75%
Above 2 years &  upto 5 years 9.25% 9.50%
Above 5 years & upto 10 years 9.00% 9.25%
Tax Saver Schemes (both for General and Senoir citizens) ROI p.a  9.25%

Terms :   Senior citizens:    Age- Completed age of 60 years.

 

NRE TERM DEPOSITS ( Senior citizen rate not applicable)
From 01-10-2013
PERIOD Rate of Interest % p.a
1 Year & above and upto 2 years 9.50%
Above 2 Years but less than 3 years 9.25%
3 Years & above but less than 5 years 9.50%
5 Years & above upto 10 Years 9.00%


NRE Savings A/C: From 03-05-2011  rate of interest will be 4.00% P.a

Interest rates for FCNR (B) Deposits
for the period 01.04.2014 to 30.04.2014
PERIOD USD GBP EUR YEN CAD AUD  SEK SGD
1 Year and above but less than 2 Years 2.56 2.91 2.55 2.34 3.47 4.71  2.92 2.36
2 Year and above but less than 3 Years 2.59 3.49 2.49 2.20 3.40 4.96  3.11 2.68
3 Year and above but less than 4 Years 4.05 4.82 3.64 3.22 4.61 6.23  4.34 4.09
4 Year and above but less than 5 Years 4.48 5.07 3.82 3.27 4.86 6.53  4.60 4.50
5 Years only 4.85 5.29 4.01 3.34 5.09 6.74  4.83 4.82

# Libor Rates as Declared  by FEDAI #
* Penal interest of 1 % for premature closure of Deposits

 

   
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Latest News
 

1.Customers are requested to use their 15 digit account number for NEFT/RTGS/ECS remittance.

2.You can walk into any of our CUB branches and pay Chennai Corporation Property Tax by Cash or Cheque

3.Now you can pay TamilNadu Commercial Tax payment through our Netbanking

4.Customers are requested to update their mobile no., email id etc., with the branches where they are having their accounts to facilitate us to send the maturity intimation of deposits through SMS, Mobile, email from 01.01.2013 as we are going to discontinue the practice of sending the same through post

5. Visa ECommerce Offer.To know more Click here.T&C

6.Disabling of Cash Retraction in our ATM’s

7.NRE Term Deposit Rate

8.Now Customers can Pay their Taxes online using CUB NetBanking.To Know More Click here

9.CUB Launches corporate Net Banking with Transactional Facility.......To Know More Click here

10.Customers can View their Form 26-AS for their Registered PAN in OUR net Banking.

11.Open Deposit in two clicks.Customer can open Term Deposit online using their Net Banking .

 
 
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