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Rate of Interest on NRE / FCNR(B) / RFC Term Deposit Schemes

Interest Rates on NRE Term Deposit of less than 1.00 crore

Maturity Period

(% p.a.) w.e.f. 01.03.2017

1 year to 455 days

6.90

465 days to less than 2 years

6.75

2 years to less than 3 years

6.75

3 years to less than 5 years

6.50

5 years and upto 10 years

6.50

For Deposits of 1.00 crore and above, please contact to our nearest branch.
Interest Rates on FCNR(B) Term Deposits
 

Revised

(w.e.f. 01.03.2017 % p.a.)

USD

GBP

Euro

JPY

CAD

AUD

1 year & above but less than 2 years

2.08

1.16

0.15

0.05

1.94

2.59

2 years & above but less than 3 years

2.57

1.58

0.30

0.05

2.11

2.94

3 years & above but less than 4 years

2.73

1.64

0.30

0.05

2.23

3.10

4 years & above but less than 5 years

2.87

1.72

0.30

0.05

2.34

3.45

5 years only

3.00

1.79

0.40

0.05

2.44

3.57

 

For RFC Deposits Interest Rates

 

Revised Rates (%P.A.) (W.e.f. 01.03.2017)

Maturities

USD

GBP

Euro

1 year & above but less than 2 years

2.08

1.16

0.15

2 years & above but less than 3 years

2.57

1.58

0.30

3 years only

2.73

1.64

0.30

 

 
 

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