# # #

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. 01/12/2019

  EURO GBP USD JPY CAD AUD
1 Year - <2 Year 0.66% 1.74% 2.74% - 3.10% 1.72%
2 Year - <3 Year 0.67% 1.78% 2.63% - 2.89% 1.71%
3 Year - <4 Year 0.69% 1.78% 2.82% - 3.12% 1.83%
4 Year <5 Year 0.73% 1.80% 2.81% - 3.11% 1.86%
5 Year only 0.77% 1.81% 2.83% - 3.11% 1.91%
 
Resident Foreign Currency Account (RFC) w.e.f. 01/12/2019  

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 0.66% 1.74% 2.74% -
2 Year - <3 Year 0.67% 1.78% 2.63% -
3 Year 0.69% 1.78% 2.82% -
 
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. 01/12/2019  
CURRENCY NATIONAL RATES
USD Rs. 71/-
GBP Rs. 92/-
EURO Rs. 78/-
CAD Rs. 53/-
AUD Rs. 48/-
For Hot Listing (Blocking)
ATM/Rupay Cards
(By SMS) 9223815844
For Debit Freeze Account
(By SMS) 8828837411
For Balance Enquiry
(By Missed Call) 7039035156 (Toll Free)
All India Toll Free 1800-419-8300