Rates verified from official source

City Union Bank interest rates · November 2026

Top FD rate
7.30%
556 days to 3 years
Senior citizen FD
7.50%
556 days to 3 years
Top RD rate
7.30%
556 days to 3 years
Savings rate
4.50%
Balance above ₹50 crore
Top NRE FD rate
7.30%
556 days to 3 years
Top FCNR(B) rate
5.25%
USD · 1 year to less than 2 years

City Union FD rates

1 year6.65%Senior 6.85%3 years7.30%Senior 7.50%5 years6.55%Senior 6.75%
All tenures, calculator and comparison →

What will my FD earn at City Union?

Estimated value after 1 year · before tax ₹5,34,088 6.65% p.a. · ₹34,088 interest · quarterly compounding
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Plan your recurring deposit at City Union

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Before opening an RD

Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.

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Overview

City Union Bank (City Union) is a private sector bank, headquartered in Kumbakonam, established in 1904. Its headline 1-year FD rate of 6.65% is 0.19% above the private sector average of 6.46%, ranking #559 of 1033 banks on RateScan.in.

Headquarters
Kumbakonam
Established
1904
Branches
~800 approx.
Monitored since
19 Sept 2026
Ownership
Private sector bank (publicly listed)
Operates in
Andhra Pradesh, Bihar, Chhattisgarh, Chandigarh + 18 more states

Figures marked “approx.” are rounded public estimates as of 2024.

Financial health
CRAR
20.11%
Capital adequacy
Net NPA
1.25%
Bad loans (net)
Credit rating CARE
AA-
Rating details ↓

Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.

Rates as of 21 Oct 2026, verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.

RBI record

Every RBI press release since 1 Jan 2024 that names City Union Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.

A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.

  1. RBI fined the bank ₹10.10 lakh

    RBI's reason: “for non-compliance with certain provisions of directions issued by RBI on ‘Priority Sector Loan accounts’ and ‘Reporting of Self Help Group (SHG) member level data to Credit Information Companies (CICs)’”

    What RBI found

    “The bank levied loan related charges on certain agriculture priority sector loans up to ₹25,000/-. The bank did not report Self Help Group member level data to Credit Information Companies.”

    RBI says: “The action is based on deficiencies in statutory and regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2026-2027/315

  2. RBI fined the bank ₹66.00 lakh

    RBI's reason: “for non-compliance with certain directions issued by RBI on 'Prudential Norms on Income Recognition, Asset Classification and Provisioning Pertaining to Advances - Divergence in NPA Accounts' and ‘Reserve Bank of lndia (Know Your Customer (KYC)) Directions, 2016’”

    What RBI found

    “Non-compliance with the aforesaid directions by the bank, to the extent (i) there was significant divergence between the Non-performing Assets (NPAs), as reported by it and as assessed during the inspection, and (ii) it did not put in place a system of periodic review of risk categorisation of accounts of its customers.”

    RBI says: “This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”

    RBI press release 2023-2024/1940

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1,002 branches in 209 districts

Most branches: Kanchipuram 60, Chennai 59, Thanjavur 54

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

City Union Fixed Deposit rate changes

Changes to City Union's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 19 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

21 Oct 2026
▼ 9 cut▲ 2 raised−0.30 to +0.80 pp
  • 556 days to 3 years · General6.50% → 7.30% 0.80 pp
  • 556 days to 3 years · Senior6.75% → 7.50% 0.75 pp
  • 444 days · Senior7.35% → 7.05% 0.30 pp
Show all 11 changesShow fewer
  • 444 days · General7.10% → 6.85% 0.25 pp
  • 445 days to 554 days · Senior7.40% → 7.25% 0.15 pp
  • 555 days · Senior7.50% → 7.35% 0.15 pp
  • 445 days to 554 days · General7.15% → 7.05% 0.10 pp
  • 555 days · General7.25% → 7.15% 0.10 pp
  • 181 days to 270 days · Senior6.25% → 6.20% 0.05 pp
  • 271 days to 364 days · Senior6.50% → 6.45% 0.05 pp
  • 365 days to 443 days · Senior6.90% → 6.85% 0.05 pp
Bank's rate page ↗

See all City Union rate changes →

Credit rating

What independent credit rating agencies say about City Union Bank. Every rating links to the document it comes from, so you can check it yourself.

AA-
Headline rating
Issuer rating · CARE · Positive
High safety: very low credit risk
Latest rating action: 31 Mar 2026

Agencies differ: their latest ratings range from AA to AA-. We show the lowest.

AgencyInstrument RatingOutlook PublishedSource
ICRA Issuer rating AA Stable Reaffirmed
16 Sept 2026
 Exchange filing
CARE Issuer rating AA- Positive Reaffirmed
31 Mar 2026
 Exchange filing
How to read these ratings
  • Scale: AAA is the highest long-term grade (lowest credit risk), then AA (very low risk), A (low risk) and BBB (moderate risk, the lowest investment grade). A + or − moves a grade up or down a notch. Short-term ratings such as A1+ cover obligations of up to a year.
  • Outlook: Stable, Positive or Negative is the agency's view of where the rating is likely to go over the next one to two years. Rating watch means the agency is reviewing the rating after a specific event, such as a change of owner.
  • Instrument: a rating belongs to a specific instrument, not to the whole bank. Tier I (AT1) and Tier II bonds can be written down if the RBI declares a bank non-viable, so they are usually rated no higher than the bank's deposits.
  • Headline grade: we use the rating on fixed deposits where an agency gives one; otherwise the issuer or Tier II rating. We take each agency's latest rating and show the lowest, so the headline is never more generous than any agency's latest view.
  • A rating is an opinion about the ability to repay on time. It is not a guarantee or a recommendation. Whatever the rating, deposits in a bank are insured by DICGC up to ₹5 lakh per depositor per bank (principal and interest together).

Sources: we list a rating only when we can point to the document that states it: the agency's own rating rationale, the bank's Regulation 30 filing on the NSE or BSE, a rating letter, or the bank's own rating page. A weekly automated check re-opens each linked document to confirm it still shows the grade and scans stock-exchange announcements for new rating filings. Last checked: 9 Nov 2026.

Check it yourself: CRISIL · ICRA · CARE · India Ratings · Infomerics

Ratings change. Confirm the current rating with the agency before you invest. This is information, not investment advice.

Good to know

  • Deposits with City Union Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • City Union is a private sector bank regulated by the RBI.
  • Senior citizens (60+) earn up to 0.25% p.a. more than general customers at City Union, depending on the tenure.
  • City Union's FD table includes 2 special schemes; check eligibility and end dates.
official Effective 21 Oct 2026 · Ingested 19 Sept 2026 · Verified 14 Nov 2026 · View source

Informational only. Always confirm the current rate on the official City Union website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.