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Home >> Interest Rates
Welcome to Andhra Bank

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.

Period Existing
Rate of
interest
(%) p.a.
Revised
Rate of
Interest
(%) p.a.
a) 1 year and above less than 2 years 2.95 2.92
b) 2 years and above less than 3 years 3.00 2.72
c) 3 years and above 3.47 3.08

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.

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