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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. 24.11.2016

1 year to 455 days

6.90

465 days tp less than 2 years

6.95

2 years to less than 3 years

6.85

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. 01.02.2017 % p.a.)

USD

GBP

Euro

JPY

CAD

AUD

1 year & above but less than 2 years

2.01

1.19

0.15

0.05

1.85

2.60

2 years & above but less than 3 years

2.52

1.71

0.30

0.05

2.13

2.92

3 years & above but less than 4 years

2.73

1.84

0.30

0.05

2.26

3.07

4 years & above but less than 5 years

2.87

1.95

0.30

0.05

2.39

3.43

5 years only

3.00

2.06

0.40

0.05

2.50

3.55

 

For RFC Deposits Interest Rates

 

Revised Rates (%P.A.) (W.e.f. 01.02.2017)

Maturities

USD

GBP

Euro

1 year & above but less than 2 years

2.01

1.19

0.15

2 years & above but less than 3 years

2.52

1.71

0.30

3 years only

2.73

1.84

0.30

 

 
 

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