Interest Rates on NRE Deposits
| Saving Deposits |
3.50% p.a. |
Interest Rates on NRE Term Deposits w. e. f. 01.08.2020 including Bulk Deposits
|
Period of Deposit
|
Interest Rate(%) |
|
12 months and above upto and inclusive of 18 months
|
5.75 |
|
Above 18 months and upto & inclusive of 36 months
|
6.25 |
| Above 36 months and upto & inclusive of 120 months |
6.00 |
Foreign Currency Non Resident (FCNR) / Resident Foreign Currency(RFC) Term Deposits w.e.f. 01.08.2020 To 31.08.2020
|
Period of Deposit
|
USD% |
GBP% |
|
1 Year and above but less than 2 years
|
2.23 |
2.08 |
|
2 Year and above but less than 3 years
|
2.20 |
2.10 |
Interest Rates on NRO Term Deposits w.e.f. 01.08.2020
|
Period of Deposit
|
Interest Rate(%) |
|
7 days and above upto & inclusive 90 days
|
5.00 |
|
91 days and above upto & inclusive 180 days
|
5.25 |
|
181 days and above upto and inclusive of 18 months
|
5.75 |
|
Above 18 months and upto & inclusive of 36 months
|
6.25 |
| Above 36 months and upto & inclusive of 120 months |
6.00 |