NRI Products/Services
Interest Rates
BPLR at 12.75 w.e.f. 8th June 2009
Deposits
|
NON-RESIDENT EXTERNAL DEPOSIT ACCOUNT SCHEME (NRE) |
|
|
Interest Rate effective from 01.07.2010 to 31.07.2010 |
|
|
PERIOD |
Revised Interest Rates |
|
1 year to less than 2 years |
2.92 |
|
2 years to less than 3 years |
2.72 |
|
For 3 years & above |
3.08 |
|
FOREIGN CURRENCY NON-RESIDENT (BANKS) ACCOUNT SCHEME [FCNR(B)] |
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|
Interest Rate effective from 01.07.2010 to 31.07.2010 |
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|
PERIOD |
Rate Of
Interest (Compounded Half Yearly) |
||
| USD | GBP | EUR | |
| 1 year to less than 2 years | 2.17 | 2.46 | 2.29 |
| 2 years to less than 3 years | 1.97 | 2.43 | 2.35 |
| 3 years less than 4 years | 2.33 | 2.80 | 2.58 |
| 4 years less than 5 years | 2.71 | 3.16 | 2.83 |
| 5 years only | 3.05 | 3.45 | 3.07 |
The revised rates are applicable only on fresh deposits and renewal of maturing deposits.
Housing Loan Scheme for NRIs
INTEREST RATES CLICK HERE