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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. 01/12/2018

  EURO GBP USD JPY CAD AUD
1 Year - <2 Year 0.79% 2.00% 3.90% - 3.55% 2.97%
2 Year - <3 Year 0.85% 2.16% 3.98% - 3.54% 3.05%
3 Year - <4 Year 0.98% 2.24% 4.23% - 3.84% 3.14%
4 Year <5 Year 1.13% 2.30% 4.21% - 3.86% 3.39%
5 Year only 1.28% 2.35% 4.20% - 3.88% 3.48%
 
Resident Foreign Currency Account (RFC) w.e.f. 01/12/2018  

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 0.79% 2.00% 3.90% -
2 Year - <3 Year 0.85% 2.16% 3.98% -
3 Year 0.98% 2.24% 4.23% -
 
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. 01/12/2018  
CURRENCY NATIONAL RATES
USD Rs. 70/-
GBP Rs. 89/-
EURO Rs. 80/-
CAD Rs. 52/-
AUD Rs. 51/-
For Hot Listing (Blocking)
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