Central Bank of India Fixed Deposit in Kochi

About Central Bank of India Fixed Deposit in Kochi

Central Bank of India is one the top banks of the country that work for the betterment of its people. It provides ample products to assist the people in financial management. One among those is fixed deposits. By investing in the fixed deposit the people can get guaranteed returns at the rate mentioned by the bank at the time of making a deposit.

Central Bank of India Fixed Deposit in Kochi at a Glance

ParticularsDetails
Interest Rate

4.00% - 6.50%


Minimum Investment Amount ₹ 1,000
Tenure7 days to 10 years

Eligibility Criteria

Fixed deposits can be booked by anyone and everyone. However, the benefit of Central Bank of India fixed deposits can be availed by the following:

  • An individual either solely or jointly
  • A minor jointly with a major
  • A minor over the age of 12 years who can read and write and operate the account personally
  • Charitable and educational institutions
  • HUF
  • Blind Persons
  • Illiterate persons
  • Private Traders, Merchants, Agents, Professionals Partnerships Firms, Companies Clubs, Societies & Corporates

Documents Required

In order to book a fixed deposit, the candidate needs to submit the following documents:

  • Proof of Identity – Passport, Voter ID card, Driving license, PAN card, Government department ID card
  • Proof of Residence – Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement

Visit Fixed Deposit Kochi for more details.

Address of Central Bank of India Branches in Kochi

The complete address, IFSC Code, MICR Code and customer care details of Central Bank of India branches located in Kochi is mentioned in the table below:

Product NameEligibility CriteriaAmount Interest RateProcessing FeeTenure
Home Loan Eligible Entity – Individuals, group of individuals, salaried employees, self-employed persons, professional, any other person having a legal, identified and regular source of income
Age – The minimum age of the applicant should be 18 years
As per individual's repayment capacity8.60% - 9.60%0.50% of the loan amount subject to maximum ₹ 20,000Maximum – 30 years
Personal LoanPermanent employees of railways, government institutions, central and state government, schools, hospitals, municipal bodies etc .having completed one year of service
or
confirmed/ permanent employees of Indian/ multinational companies having completed minimum 3 years of service
₹ 1,00,000 – ₹ 5,00,00,00010.85% - 14.35%0.50% of the loan amount subject to maximum ₹ 10,0003 – 7 years
Vehicle LoanEligible Category : - Permanent salaried employees/ Self-Employed Persons / Independent Entrepreneurs -Farmers - Non - Indian Residents - Companies, Societies, Proprietorship and Partnership Firms
Age – Minimum age of the applicant should 18 years and maximum 65 years
Minimum Annual Income -For 4 wheeler ₹ 2,40,000, for 2- wheeler - ₹ 1,20,000
For New Car : ₹ 75,00,000
For Used Car: ₹ 10,00,000
For 2- wheeler: ₹ 10,00,000
8.70%-4 - 7 years
Loan Against PropertyMinimum age of the applicant should be 21 years
Maximum age of the applicant should be 70 years
Minimum Gross Income of the applicant should be ₹ 2,00,000
Minimum - ₹ 1,00,000
Maximum - ₹ 5,00,00,000
10% - 12% p.a.
0.50% - 1% of the loan amountUp to 10 years
Business LoanDepends on the scheme availedUp to ₹ 1,00,00,0008.75% - 9.50% p.a.Depends on the loan amountUp to 10 years
Education LoanThe student should be an Indian National
Should have scored as per the marking set by bank
Up to ₹ 20,00,0008.50%- 10.50% p.a.Nil - ₹ 1,000Up to 15 years
Fixed DepositAn individual either solely or jointly
A minor jointly with a major
A minor over the age of 12 years who can read and write and operate the account personally(Maturity value should not exceed ₹ 50,000)
Charitable and educational institutions
HUF
Blind Persons
Illiterate persons
Private Traders, Merchants, Agents, Professionals Partnerships Firms, Companies Clubs, Societies & Corporates
-

4.00% - 6.50%

-7 days - 10 years

 

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