OREANDA-NEWS. Central Bank of India has launched a new Deposit Scheme, 'Cent-Benefit Deposit', today. The scheme aims to mobilize short term deposits with a tenor of 14 days to 179 days with attractive ROI of 9%p.a. without any penalty for premature payment. Further, the Bank will pay interest at contracted rate (9%p.a.) for the actual period run by the deposit in case of pre-mature payment after 14 days, as against the usual practice of paying interest at the rate applicable for the period actually run. Minimum amount acceptable under the scheme is Rs. 1 crore and there is no maximum. It is targeted at High Net-worth Individuals (HNI), cash- rich Corporates, Govt. Departments, etc. The scheme is unique and no other Bank in the country is offering such attractive scheme as on date.