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 01.03.2010 to 31.03.2010 |
|
|
PERIOD |
Revised Interest Rates |
|
1 year to less than 2 years |
2.59 |
|
2 years to less than 3 years |
2.83 |
|
For 3 years & above |
3.44 |
|
FOREIGN CURRENCY NON-RESIDENT (BANKS) ACCOUNT SCHEME [FCNR(B)] |
|||
|
Interest Rate effective from 01.03.2010 to 31.03.2010 |
|||
|
PERIOD |
Rate Of
Interest (Compounded Half Yearly) |
||
| USD | GBP | EUR | |
| 1 year to less than 2 years | 1.84 | 2.30 | 2.20 |
| 2 years to less than 3 years | 2.08 | 2.57 | 2.45 |
| 3 years less than 4 years | 2.69 | 3.11 | 2.85 |
| 4 years less than 5 years | 3.20 | 3.58 | 3.18 |
| 5 years only | 3.62 | 3.94 | 3.47 |
The revised rates are applicable only on fresh deposits and renewal of maturing deposits.
Housing Loan Scheme for NRIs
INTEREST RATES CLICK HERE