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Trusted by 1L+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Car Side View

Dream Home

Car Side View

Dream Wedding

Car Side View

Dream Car

Motorcycle Side View

Retirement

auto rikshaw

1st Crore

Cosmos Bank Fixed Deposit (FD) Rates and Investment Options

Cosmos Bank Fixed Deposit (FD) Rates and Investment Options

Mar 21, 2024

15 Mins

Cosmos Bank, a respected financial institution, is well-known for providing secure and successful investment options to the public. Today, we will delve into the details of Cosmos Bank's fixed deposit (FD) rates, the requirements involved, and the process to open an FD account.

As of August 1, 2023, here are the current Cosmos Bank FD interest rates for both general citizens and senior citizens:

- 7 days to 14 days: 4.00% for both general citizens and senior citizens.

- 15 days to 45 days: 4.00% for both general citizens and senior citizens.

- 46 days to 60 days: 4.00% for both general citizens and senior citizens.

- 61 days to 90 days: 4.00% for both general citizens and senior citizens.

- 91 days to 181 days: 5.00% for general citizens, 5.25% for senior citizens.

- 182 days to 12 months: 6.00% for general citizens, 6.10% for senior citizens.

- Above 12 months to 18 months: 7.05% for general citizens, 7.30% for senior citizens.

- Above 18 months to 24 months: 7.25% for general citizens, 7.50% for senior citizens.

- Above 24 months to 36 months: 7.30% for general citizens, 7.55% for senior citizens.

- Above 36 months to 10 years: 7.35% for general citizens, 7.60% for senior citizens.

Apart from the FD rates mentioned above, Cosmos Bank also offers the Cosmo TAX Saver Deposit Scheme for both general citizens and senior citizens with rates of 7.35% and 7.60%, respectively.

Moreover, there is the Flexi Fixed Deposit Scheme for savings and current deposit accounts, with rates at 3.25% and 2.00%, respectively, for general citizens.

For Non-Residential External (NRE) Term Deposits, the rates vary according to the period, ranging from 6.00% for one year to 7.35% for above 36 months to 10 years.

Additionally, Cosmos Bank offers various schemes such as Cosmo FCNR (B), Cosmo FCNR (B) Royale Deposits, and Cosmo FCNR (B) Premium with specific rates for different currencies.

In terms of eligibility, Cosmos Bank's FD schemes are open to individuals above 18 years, organizations, minors under parental guidance, non-resident Indians (NRIs), and local authorities.

To open an FD account with Cosmos Bank, interested individuals can either visit their nearest branch and complete the necessary form or opt for online account opening through internet banking.

Investors seeking steady earnings should consider Cosmos Bank's FD rates as an attractive investment option. However, it is essential to conduct thorough research, evaluate financial goals, and understand the terms and conditions before making any investment decisions. By utilizing Cosmos Bank's FDs and making wise choices, investors can maximize their investments and work towards achieving their financial objectives.

Cosmos Bank, a respected financial institution, is well-known for providing secure and successful investment options to the public. Today, we will delve into the details of Cosmos Bank's fixed deposit (FD) rates, the requirements involved, and the process to open an FD account.

As of August 1, 2023, here are the current Cosmos Bank FD interest rates for both general citizens and senior citizens:

- 7 days to 14 days: 4.00% for both general citizens and senior citizens.

- 15 days to 45 days: 4.00% for both general citizens and senior citizens.

- 46 days to 60 days: 4.00% for both general citizens and senior citizens.

- 61 days to 90 days: 4.00% for both general citizens and senior citizens.

- 91 days to 181 days: 5.00% for general citizens, 5.25% for senior citizens.

- 182 days to 12 months: 6.00% for general citizens, 6.10% for senior citizens.

- Above 12 months to 18 months: 7.05% for general citizens, 7.30% for senior citizens.

- Above 18 months to 24 months: 7.25% for general citizens, 7.50% for senior citizens.

- Above 24 months to 36 months: 7.30% for general citizens, 7.55% for senior citizens.

- Above 36 months to 10 years: 7.35% for general citizens, 7.60% for senior citizens.

Apart from the FD rates mentioned above, Cosmos Bank also offers the Cosmo TAX Saver Deposit Scheme for both general citizens and senior citizens with rates of 7.35% and 7.60%, respectively.

Moreover, there is the Flexi Fixed Deposit Scheme for savings and current deposit accounts, with rates at 3.25% and 2.00%, respectively, for general citizens.

For Non-Residential External (NRE) Term Deposits, the rates vary according to the period, ranging from 6.00% for one year to 7.35% for above 36 months to 10 years.

Additionally, Cosmos Bank offers various schemes such as Cosmo FCNR (B), Cosmo FCNR (B) Royale Deposits, and Cosmo FCNR (B) Premium with specific rates for different currencies.

In terms of eligibility, Cosmos Bank's FD schemes are open to individuals above 18 years, organizations, minors under parental guidance, non-resident Indians (NRIs), and local authorities.

To open an FD account with Cosmos Bank, interested individuals can either visit their nearest branch and complete the necessary form or opt for online account opening through internet banking.

Investors seeking steady earnings should consider Cosmos Bank's FD rates as an attractive investment option. However, it is essential to conduct thorough research, evaluate financial goals, and understand the terms and conditions before making any investment decisions. By utilizing Cosmos Bank's FDs and making wise choices, investors can maximize their investments and work towards achieving their financial objectives.

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