Central Bank of India on the eve of Centenary Celebrations launches a new deposit scheme “Cent Double” for the existing as well as prospective customers of the Bank. The scheme will be valid from 1st September 2011 till 31st December 2011. In this scheme the money is doubled in 71/2 years for general public and 71/4 years for Senior Citizens with a annualised yield of 13.33% and 14.93% respectively.
The minimum deposit of Rs. 10,000/- in Metro and Urban centres and Rs. 5000/- in Semi Urban and Rural centres and the maximum deposit is less than one crore.
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