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FCNR Deposits
The current interest rates on our FCNR Fixed Deposits are presented below.

Interest Rates


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) Deposit Rates*
Period USD GBP Euro JPY AUD CAD Effective From
1 Yr to < 2 Yrs 2.56% 5.69% 4.64% 0.40% 7.77% 3.29% July 01, 2008
2 Yrs to < 3 Yrs 2.85% 5.50% 4.61% 0.48% 7.21% 2.86% July 01, 2008
3 Yrs to < 4 Yrs 3.20% 5.46% 4.54% 0.58% 7.12% 3.00% July 01, 2008
4 Yrs to < 5 Yrs 3.41% 5.41% 4.47% 0.66% 7.13% 3.11% July 01, 2008
5 Yrs only 3.55% 5.31% 4.40% 0.74% 7.02% 3.19% July 01, 2008

No interest will be paid if the FCNR Deposit is cancelled prematurely before 1 year.
*Applicable interest rates will be given as on the date of receipt of the funds by the bank. When booking Fixed Deposit through NetBanking, please note the actual interest rate being applied on the "Confirm" screen. This screen appears before you confirm your request for opening a new Fixed Deposit.
 



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