SBI NRI Services - RFC Interest Rate - Interest Rates
RFC Interest Rate
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SBI NRI Services - RFC Interest Rate
RESIDENT FOREIGN CURRENCY ACCOUNT (% P.A.) w.e.f. 10.11.2019 | |||
---|---|---|---|
PERIOD | USD | GBP | EURO |
1 year to less than 2 years | 2.47 | 1.24 | 0.01 |
2 years to less than 3 years | 2.37 | 1.27 | 0.01 |
3 years | 2.30 | 1.26 | 0.01 |
- Rates are subject to change, without prior notice.
- Annualised yield calculated on the maximum period under the respective period bucket.
- For 1 year’s RFC deposit, simple Interest is applicable.
- For RFC Deposit above 1 year, Interest is compounded at half yearly frequency
Premature withdrawals of RFC Account:
- No interest is payable, if the deposit is withdrawn before one year.
- If the deposit is withdrawn after completion of one year, the interest paid shall be 1.00 % below the rate applicable for the period deposit has remained with the Bank or 1.00 % below the contracted rate, whichever is lower.
- Above interest will be paid at the rate available on the date of deposit.

Interest Rates
8.85% p.a.
Loan amount up to Rs. 3 lakhs
8.95% p.a.
> Rs. 3 lakhs & up to Rs. 5 lakhs
SBI NRI Services Interest Rates
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Interest Rates
8.85% p.a.
Loan amount up to Rs. 3 lakhs
8.95% p.a.
> Rs. 3 lakhs & up to Rs. 5 lakhs