INTEREST RATES ON DEPOSITS UNDER
NON-RESIDENT (EXTERNAL) RUPEE ACCOUNTS
(NRE Accounts)
Rates of interest on NRE term deposits revised with effect from 01/07/2010.
FCNR(B)INTEREST RATES
Rates of interest on FCNR (B) deposits in percentage have been revised w.e.f., 01.07.2010 :
Curr
ency
1 Year & above but less than 2 Years
2 Years & above but less than 3 Years
3 Years & above but less than 4 Years
4 Years & above but less than 5 Years
5 years
USD
2.17
[2.20]
1.97
[2.25]
2.33
[2.72]
2.71
[3.08]
3.05
[3.43]
GBP
2.46
[2.42]
2.43
[2.50]
2.80
[2.91]
3.16
[3.28]
3.45
[3.59]
EUR
2.29
[2.24]
2.35
[2.34]
2.58
[2.60]
2.83
[2.87]
3.07
[3.12]
CAD
2.76
[2.63]
2.56
[2.86]
2.98
[3.33]
3.33
[3.69]
3.58
[3.95]
AUD
6.56
[6.47]
5.90
[6.02]
6.02
[6.15]
6.24
[6.40]
6.34
[6.54]
[Figures in brackets denote previous month interest rates]
The above interest rates on FCNR (B) Deposits are applicable only to the fresh and renewed deposits effective from 01.07.2010.
Top
-(())-