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Forex Interest Rates

Non Resident Ordinary Deposits - 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.
 
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. 01/06/2018

  EURO GBP USD JPY CAD AUD
1 Year - <2 Year 0.78% 1.75% 3.51% - 3.14% 3.01%
2 Year - <3 Year 0.87% 1.95% 3.70% - 3.30% 3.12%
3 Year - <4 Year 1.03% 2.07% 3.77% - 3.42% 3.22%
4 Year <5 Year 1.17% 2.17% 3.79% - 3.49% 3.47%
5 Year only 1.32% 2.25% 3.81% - 3.54% 3.57%
 
Resident Foreign Currency Account (RFC) w.e.f. 01/06/2018  

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 0.78% 1.75% 3.51% -
2 Year - <3 Year 0.87% 1.95% 3.70% -
3 Year 1.03% 2.07% 3.77% -
 
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. 01/05/2018  
CURRENCY NATIONAL RATES
USD Rs. 67/-
GBP Rs. 90/-
EURO Rs. 79/-
CAD Rs. 52/-
AUD Rs. 51/-
For Hot Listing (Blocking)
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