Contact Info
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Address:
CENTRAL MUMBAI -
City:
MUMBAI -
Country/Location:
India -
Website:
cityunionbank.bank.in
City Union Bank understands that investors seek value and growth, which is why CUB provides fixed deposits with best interest rates in the market. With rates ranging from 4.00% p.a. for short-term deposits to 7.00% p.a. for senior citizens on annual deposits, you can be confident that your hard-earned money is generating optimal returns. The bank's commitment to offering competitive rates across various tenures ensures that whether you're investing for three months or ten years, you receive fair compensation for your savings while enjoying complete capital security and predictable growth.
2. Dual Benefits: Savings and Tax Efficiency
For those looking to reduce their tax liability while building wealth, City Union Bank offers an attractive tax saving fixed deposit scheme that serves a dual purpose. Under Section 80C of the Income Tax Act, you can claim deductions of up to ₹1.5 lakh annually on your tax-saving FD investments, significantly lowering your taxable income. This scheme comes with a mandatory lock-in period of five years, making it ideal for disciplined long-term savings. Senior citizens benefit from enhanced interest rates even on tax-saving deposits, making it a win-win solution for retirement planning while enjoying substantial tax benefits and guaranteed returns.
2. Dual Benefits: Savings and Tax Efficiency
For those looking to reduce their tax liability while building wealth, City Union Bank offers an attractive tax saving fixed deposit scheme that serves a dual purpose. Under Section 80C of the Income Tax Act, you can claim deductions of up to ₹1.5 lakh annually on your tax-saving FD investments, significantly lowering your taxable income. This scheme comes with a mandatory lock-in period of five years, making it ideal for disciplined long-term savings. Senior citizens benefit from enhanced interest rates even on tax-saving deposits, making it a win-win solution for retirement planning while enjoying substantial tax benefits and guaranteed returns.
Experience
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Joined APSense.com
Nov 2025
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