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Interest Rates

Non Resident Accounts Rate of Interest (%)
NRE Term Deposits Click Here to View Interest Rate

Latest FCNR (B) Interest Rate W.E.F. 15 January 2024

Period Of Deposit USD GBP EUR CAD AUD
1 year to less than 2 years 5.85 5.00 2.50 4.50 3.70
2 years to less than 3 years 4.50 3.50 2.20 4.25 3.50
3 years to less than 4 years 4.50 3.25 1.75 4.00 3.20
4 years to less than 5 years 4.50 3.25 1.75 4.00 3.20
5 years only 4.50 3.25 1.75 4.00 3.20
Overdue Deposit 4.85 4.00 1.50 3.50 2.70