FCNR Deposits

Interest Rates

Domestic Term deposits

NRE Deposits

FCNR Deposits

Advances

EMI Chart

Interest rates for fresh FCNR (B) deposits for the month of February 2012 shall be as under

Period	Rate for USD	Rate for GBP	Rates for EURO	Rate for AUD	Rate for CAD
12-15-18-21 months	2.35	3.14	2.98	6.13	3.12
24-27-30-33 months	1.78	2.49	2.42	5.09	2.44
36-39-42-45 months	1.87	2.51	2.50	5.13	2.50
48-51-54-57 months	2.06	2.63	2.66	5.37	2.61
60 months	2.30	2.75	2.85	5.50	2.75

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 February 2012 up to 29th February 2012 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
2.10	1.53	1.62	1.81	2.05

Division	Branch/City
International Division Mumbai	22816079 / 22873884
Fex Centre Connaught Place Br. , Delhi	23730449 / 23321444 / 23322078
Fex Centre N.S. Road , Kolkata	22486971 / 22484837
Fex Centre City Market Br., Bangalore	26604567 / 6700318
Fex Centre Broadway, Chennai	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- 01-02-2012