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Interest Rates
Domestic Term deposits FCNR Deposits Advances EMI Calculator
 

FCNR Deposits

The interest rates for fresh FCNR (B) deposits for the month of September 2010 shall be as under :
 
Period Rate for USD Rate for GBP Rates for EURO Rates for AUD Rates for CAD
12-15-18-21 months 1.84 2.46 2.39 6.42 2.87
24-27-30-33 months 1.67 2.23 2.26 5.67 2.34
36-39-42-45 months 1.95 2.51 2.39 5.71 2.56
48-51-54-57 months 2.27 2.79 2.56 5.89 2.81
60 months 2.57 3.04 2.73 5.98 3.04


Please note that any Single FCNR(B) deposit in EUR, AUD, CAD will be for a minimum amount of 5000/- in the respective currencies and in GBP for a minimum of GBP 2000/-
Branches should seek prior approval from Treasury & International Banking Division, Mumbai before accepting fresh FCNR(B) deposits denominated in GBP, EUR, AUD and CAD for a period of 2 years and above and before accepting any deposit in AUD and CAD.

Deposits are to be accepted for a minimum period of 12 months and thereafter in multiples of quarters only.

 
Interest on RFC deposits w.e.f. 1st September 2010 upto 30th September 2010 shall be as under:
 
12-15-18-21 months 24-27-30-33 months 36-39-42-45 months 48-51-54-57 months 60 months
1.84 1.67 1.95 2.27 2.57
 
Division Branch/City
International Division
Mumbai
91
22
22816079 / 22873884
Fex Centre
Connaught Place Br., Delhi
91
11
23730449 / 23321444 / 23322078
Fex Centre
N.S. Road, Kolkata
91
33
22486971 / 22484837
Fex Centre
City Market Br., Bangalore
91
80
26604567 / 6700318
Fex Centre
Broadway, Chennai
91
44
25396755
 
For Further Details Contact :
Gen Manager
Treasury & International Banking Division, Mumbai
email  : bomitnl@vsnl.com
Phone : 91-22-22816079 / 22873884
Fax     : 91-22-22044799
Last update date- 01-09-2010