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Catholic Syrian Bank

Bank Overview

Type
Private
Headquarters
Thrissur
Founded
1920
Branches
862
DICGC Coverage
₹5 Lakhs

Financial Health Indicators(Q4 FY26)

NNPA
0.40%Strong
CAR
20.66%Strong
PCR
76.38%Strong
LCR
109.00%Fair
CASA
20.00%Weak

Fixed Deposit (FD) Interest Rates

TENUREGeneralSenior
For callable FDs < ₹3 CrPremature withdrawal penalty applies

Savings Account Interest Rates

Deposit SlabsInterest Rate
This bank is covered by DICGC deposit insurance up to ₹5 lakhs per depositor

Foreign Currency Non-Resident (FCNR-B) Deposit Rates - check here

Frequently Asked Questions

Quick answers to the most common questions about Catholic Syrian Bank accounts.

As of August 2026, Catholic Syrian Bank offers up to 7.35% p.a. on Fixed Deposits and up to 7.40% p.a. on Savings Accounts based on the balance slabs maintained.

Yes, Catholic Syrian Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.

The minimum tenure for a fixed deposit with Catholic Syrian Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.15% p.a. over general citizen rates.

Catholic Syrian Bank offers tiered interest rates ranging from 2.10% to 7.40% p.a. depending on the balance slabs maintained in the savings account.

Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.