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Interest Rates on FCNR and RFC Deposits

Notes:
  • Interest Rates are linked to LIBOR. Interest Rates are subject to change from time to time.
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  • Applicable interest rates will be given as on the date of receipt of the funds by the bank.
  • Interest Rates displayed on a per annum basis.
     

    FCNR (B) Deposits, w.e.f. :05.05.2012 (All rates are % Per Annum)

    PERIOD USD GBP EURO
    1 year and above to less than 2 years 3.05 3.86 3.30
    2 Years and above but less than 3 years 2.56 3.38 2.95
    3 Years and above but less than 4 years 3.67 4.47 4.07
    4 Years and above but less than 5 years 3.88 4.58 4.25
    5 Years 4.11 4.70 4.45
     

    RFC interest rates w.e.f.: 05.05.2012 (All rates are % Per Annum)

    PERIOD USD GBP EURO
    30 days to less than 3 months 2.47 3.01 2.64
    3 months to less than 6 months 2.73 3.33 2.95
    6 months to less than 12 months 2.99 3.78 3.23
    12 Months to less than 2 Years 3.05 3.86 3.30
    2 Years and above but less than 3 years 2.56 3.38 2.95
    3 Years only 3.67 4.47 4.07


    RFC SB Rates w.e.f.: 05.05.2012(All rates are % Per Annum)

    Interest Rate on RFC SB USD GBP EUR
      1.20 1.75 1.35
     

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