Term Deposit Rates - Non Resident Customers
Disclaimer: The interest rates are fixed at Bank's discretion & are subject to the prevailing Reserve Bank of India guidelines. These interest rates are subject to change without notice.
Please note: Interest on NRE & FCNR Deposits is payable only if premature withdrawal of deposits take place after completion of the minimum period of 1 year. For more details, refer to the FAQs.
NRE Deposits - Interest rates (% p.a) w.e.f. 17th November '17
Maturity Period |
Interest Rate (% p.a) |
1 year |
3.50 |
FCNR Deposits - Interest rates (% p.a) w.e.f. 1st May '17
Currency |
USD |
GBP |
EURO |
CAD |
AUD |
Maturity Period |
RATE |
RATE |
RATE |
RATE |
RATE |
12 months and above but less than 24 months |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
24 months and above but less than 36 months |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
36 months and above but less than 48 months |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
48 months and above but less than 60 months |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
60 months |
0.01 |
0.01 |
0.01 |
0.01 |
0.01 |
RFC Deposits - Interest rates (% p.a) w.e.f. 1st May '17
Maturity Period |
USD |
GBP |
EUR |
31 days to less than 6 months |
0.01 |
0.01 |
0.01 |
6 months to less than 1 year |
0.01 |
0.01 |
0.01 |
1 year to less than 2 years |
0.01 |
0.01 |
0.01 |
2 years to less than 3 years |
0.01 |
0.01 |
0.01 |
3 years only |
0.01 |
0.01 |
0.01 |
NRO Fixed Deposit Rates (% p.a) - with effect from 17th November '17
(For Deposits upto INR 1 crore)
Maturity Period |
Rate of Interest |
7 days upto 14 days |
3.50% |
15 days upto 30 days |
3.50% |
31 days upto 60 days |
3.50% |
61 days upto 90 days |
3.50% |