Central Bank Of India Tax Saver Fixed Deposit
 

I recently opened an account in the Central Bank of India and searching for the details about Tax Saver Fixed Deposit. Can you provide Eligibility criteria to apply for CENT Tax Saver Deposit of this bank along with other details also provide me address and contact details of this bank?

Re: Central Bank Of India Tax Saver Fixed Deposit
 

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.

Central Bank Of India Tax Saver Fixed Deposit:

Eligibility criteria to apply for CENT Tax Saver Deposit

The CENT Tax Saver Deposit account from Central Bank of India can be opened by the following.

An individual in his/her own name
A joint account between two or more individuals
A guardian or a parent can open this account for a minor
Hindu Undivided families

Other details:

Account Type
Both single and joint account can be opened and maintained

Amount

Minimum – INR 100
Maximum – INR 100000 (per financial year)

Rate of Interest

The interest rate depends on the rates offered by Central Bank of India on term deposits of up to 15 lakhs value and are subject to change as per the discretion of the bank

Lock in Period
5 years

TDS
Tax will be deducted at source, with accountholders expected to submit a self-declaration through Form 15G or 15H

Contact:

Corporate Office:
Central Bank of India
Chander Mukhi, Nariman Point
Mumbai – 400 021
Tel.: 022 – 6638 7777

Call Center Toll Free No ( 24 hours ) .-1800 200 1911