# # #

Forex Interest Rates

Non Resident Ordinary Deposits - w.e.f. 21/04/2020  
Balance at End of the day Rate of Interest in %
Upto 20 Lakhs 3.10% pa.
Above 20 Lakhs 3.50% pa.
 
NON RESIDENT (EXTERNAL) RUPEE SAVINGS A/C w.e.f. 04/09/2017  
Balance at End of the day Rate of Interest in % w.e.f. 04.09.2017
Upto 20 Lakhs 3.50% pa.
Above 20 Lakhs 4.00% pa.
Note: All these interest rates are subject to change without notice.


Non Resident External (NRE) Term Deposits Click here

 
Interest Rates on Foreign Currency Deposites  

Foreign Currency ( Non Resident ) Accounts ( Banks ) Scheme - FCNR(B) w.e.f. 15/10/2020

  EURO GBP USD JPY CAD AUD
1 Year - <2 Year 0.02% 0.56% 0.98% - 1.23% 0.65%
2 Year - <3 Year 0.02% 0.57% 0.98% - 1.05% 0.68%
3 Year - <4 Year 0.03% 0.60% 1.01% - 1.11% 0.70%
4 Year <5 Year 0.05% 0.64% 1.02% - 1.19% 0.78%
5 Year only 0.07% 0.68% 1.09% - 1.26% 0.86%
 
Resident Foreign Currency Account (RFC) w.e.f. 15/10/2020  

For Current Account : No interest is payable ( as per existing RBI Guidelines )

RFC SB Deposits EURO GBP USD JPY
Figures in %age - - - -
 
RFC Term Deposits  
Tenure EURO GBP USD JPY
1 Year - <2 Year 0.02% 0.56% 0.98% -
2 Year - <3 Year 0.02% 0.57% 0.98% -
3 Year 0.03% 0.60% 1.01% -
 
National Rates For all Fresh Foreign Currency Transactions Relating To FCNR(B), EEFC, RFC,RFC (Domestic), PCFC, EBRD, FCDL and Investment with Bank, Wherever Applicable, w.e.f. 01/08/2020  
CURRENCY NATIONAL RATES
USD Rs. 74/-
GBP Rs. 97/-
EURO Rs. 88/-
CAD Rs. 55/-
AUD Rs. 53/-
For Hot Listing (Blocking)
ATM/Rupay Cards
(By SMS) 9223815844
For Debit Freeze Account
(By SMS) 8828837411
For Phone Banking Services
(Call) 1800-22-1908
For Balance Enquiry
(By Missed Call) 7039035156 (Toll Free)
All India Toll Free 1800-419-8300