Non Resident Ordinary Deposits- w.e.f 03/05/2011
| Saving Bank Deposit |
4.00% pa. |
Non Resident (External) Rupee Savings A/C w.e.f 03/05/2011
| Non Resident (External) Rupee Savings A/C |
4.00% pa. |
Non Resident External (NRE) Term Deposits Click here
Interest Rates on Foreign Currency Deposites
Foreign Currency ( Non Resident ) Accounts ( Banks ) Scheme - FCNR(B) w.e.f 02/03/2017
| |
EURO |
GBP |
USD |
JPY |
CAD |
AUD |
| 1 Year to less than 2 Years |
0.82% |
1.41% |
2.33% |
- |
2.19% |
2.84% |
| 2 Years to less than 3 Years |
0.86% |
1.58% |
2.57% |
- |
2.11% |
2.94% |
| 3 Years to less than 4 Years |
0.91% |
1.64% |
2.73% |
- |
2.23% |
3.10% |
| 4 Years to less than 5 Years |
1.00% |
1.72% |
2.87% |
- |
2.34% |
3.45% |
| 5 Years only |
1.09% |
1.79% |
3.00% |
- |
2.44% |
3.57% |
RESIDENT FOREIGN CURRENCY ACCOUNT (RFC) w.e.f 02/03/2017
For Current Account : No interest is payable (as per existing RBI Guidelines)
| RFC SB Deposits |
EURO |
GBP |
USD |
JPY |
| Figures in %age |
|
|
|
|
| Tenure |
EURO |
GBP |
USD |
JPY |
| 1 month to less than 1 Years |
|
|
|
|
| 1 Years to less than 2 Years |
EURO 0.82% |
GBP 1.41% |
USD 2.23% |
|
| 2 Years to less than 3 Years |
EURO 0.86% |
GBP 1.58% |
USD 2.57% |
|
| 3 Years |
EURO 0.91% |
GBP 1.64% |
USD 2.73% |
|
Notional Rates for all Fresh Foreign Currency Transactions Relating to FCNR (B), EEFC, RFC, RFC (Domestic), PCFC, EBRD, FCDL And Investment With Bank, Wherever Applicable, W.E.F 01/03/2017
| CURRENCY |
NOTIONAL RATES |
| US DOLLAR |
Rs. 67/- |
| POUND STERLING |
Rs. 83/- |
| EURO |
Rs. 71/- |
| CAD |
Rs. 51/- |
| AUD |
Rs. 51/- |
