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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
The interest rates for FCNR (B)/ CENT FCNR (B) PREMIUM PLUS Deposit applicable to fresh deposits / renewals made on or after 01.08.2024 are as under:

Period Of Deposit USD GBP EUR CAD AUD
1 year to less than 2 years 5.85 5.00 2.26 4.00 3.70
2 years to less than 3 years 4.50 3.50 1.96 3.74 3.50
3 years to less than 4 years 4.50 3.25 1.51 3.50 3.20
4 years to less than 5 years 4.50 3.25 1.51 3.50 3.20
5 years only 4.50 3.25 1.51 3.50 3.20
Overdue Deposit 4.85 4.00 1.26 3.00 2.70

RFC (USD) Deposit Interest Rates

Period of USD deposit Interest Rate in % p.a. (HY Comp.)
6 months to less than 12 months & Savings A/c 4.85
Overdue deposits NIL