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Local Currency Accounts

Term Deposits

 
     
     
     
 
Citibank offers you convenience of multiple tenors and competitive profit rates on local and foreign currency term deposits. The products and their corresponding tenors are as follows:
 
Term Deposits
Product Sarmaya Plus Premium Profit FE25 Time Deposits
Eligibility Individual & Business Individual & Business Individual & Business
Currency Local Currency Local Currency 1. USD
2. EUR
3. JPY
Profit Payable Yes Yes Yes
Profit Frequency Monthly
Quarterly
Maturity
Monthly
Quarterly
Maturity
Monthly
Quarterly
Maturity
MD Requirement 50,000 50,000 $5000 or
Equivalent in
other currencies
Tenors 1 Month
3 Months
6 Months
12 Months
18 Months
36 Months
60 Months
1 Week
2 Weeks
1 Month
3 Months
6 Months
9 Months
12 Months
18 Months
24Months
36 Months
60 Months
1 Month
3 Months
6 Months
12 Months
Partial Preencashment Yes Yes Yes
Profit Adjustment No No No
Preencashment Penalty Applicable No Yes Yes
 
 
Click here to view Rate Sheet
 
     
     
     

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