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  home > Deposit rates > NRE / FCNR / RFC interest rates

NRE TERM DEPOSITs (w.e.f. 01.09.2010)

PERIOD  
1 year and above but less than 2 years 2.59
2 years and above but less than 3 years 2.42
3 years and above & upto 5 years 2.70


FCNR (B) DEPOSITs
(w.e.f. 01.09.2010)

PERIOD CURRENCY
USD GBP EUR CAD AUD
1 year and above but less than 2 years 1.84 2.46 2.39 2.87 6.42
2 years and above but less than 3 years 1.67 2.23 2.26 2.34 5.67
3 years and above but less than 4 years 1.95 2.51 2.39 2.56 5.71
4 years and above but less than 5 years 2.27 2.79 2.56 2.81 5.89
5 years only 2.57 3.04 2.73 3.04 5.98

 

RFC TERM DEPOSITs (w.e.f. 01.09.2010)

PERIOD CURRENCY
USD GBP EUR
1 year and above but less than 2 years 1.84 2.46 2.39
2 years and above but less than 3 years 1.67 2.23 2.26
3 years and above but less than 4 years 1.95 2.51 2.39
4 years and above but less than 5 years 2.27 2.79 2.56
5 years only 2.57 3.04 2.73

The revised interest rates on deposits would be applicable for all fresh deposits and for renewal of deposits.

RFC SB DEPOSITs (w.e.f. 01.04.2009 to 30.09.2010)

Currency Existing Rate
USD 0.25
GBP 0.55
EURO 0.37




 
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