Central Bank of India - Deposit Calculator

Bank Name: Central Bank of India
Fixed Deposit Section: Domestic term deposit
Duration: 91 - 179 days
Deposit For: Between 2 to 10 Crore
Interest Rate: 4.50 %
Interest Rate Reviewed On: 14th Sep 2022

About Central Bank of India Central Bank of India

Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji Pochkhanawala, founder of the Bank. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'.