FCNR Interest Rates South Indian Bank

Hello, I am looking for the details regarding the FCNR Interest Rates of the South Indian Bank. So can you please provide me the details regarding this including the contact details of the Bank??

[Kiran Chandar]

South Indian Bank Limited (SIB) is a private sector bank which is headquartered at Thrissur City in Kerala, India.

It was established in 1929.

You are looking for the details regarding the FCNR Interest Rates of the South Indian Bank. So I am providing it to you:

Period USD GBP EURO AUD CHF JPY
1 year to less than 2 years 2.50% 2.66% 2.08% 4.07% 1.28% 2.15%
2 years to less than 3 years 2.87% 2.98% 2.11% 4.09% 1.28% 2.16
3 years to less than 4 years 3.20% 3.21% 2.16% 4.20% 1.45% 2.17%
4 years to less than 5 years 3.44% 3.39% 2.26% 4.43% 1.59% 2.21%
5 years 3.65% 3.51% 2.36% 4.57% 1.74% 2.26%

The list of the types of the loans provided by the Bank:

Personal Loan
Vehicle loans
Home Loans
Gold Loans
Educational Loans
Agriculture Loans
Flexi loan

Contact:
South Indian Bank Ltd.
Head Office
T.B Road, Mission Quarters, Thrissur 680 001,Kerala, India
Telephone Nos : +91-487-2420020, 2420058, 2420113
Email: sibcorporate@sib.co.in

Hi I would like to know the details about the FCNR Interest Rates South Indian Bank as I plan to have some investment done?

[Kiran Chandar]

FCNR Platinum deposit is a foreign currency deposit for “one year and one day” with presumptuous booking to convert the maturity value of the deposit on the due date to INR and credited to the depositors NRE/NRO SB account at familiar rate booked at the time of opening deposit. The return odFCNR Platinum deposit is comparatively higher than NRE/NRO Rupee deposits.

Term Deposits- FCNR

The Banks Foreign Currency Deposits, have forever been offering high rate of returns.
Foreign Currency accounts in GBP (British Pound), USD (American Dollar), EURO, AUD, CHF and JPY can be maintained.
Higher rate of returns
Accounts can be opened for various maturities
The investment is insulated against exchange rate fluctuations.
Balance and interest is repatriable.
Joint financial records are permitted.
Rupee loan can be accessed against deposits.

FCNR (B) DEPOSITS
Interest rate per annum on FCNR(B)
Deposits with result from 1st December 2015

The format of the data:

Period
USD
GBP
EURO
AUD
CHF
JPY

1 year to less than 2 years
1.70%
1.66%
0.91%
3.19%
0.13%
1.13%

2 years to less than 3 years
2.00%
1.95%
0.89%
3.19%
0.09%
1.12%

3 years to less than 4 years
3.26%
3.12%
1.95%
4.25%
1.15%
2.12%

4 years to less than 5 years
3.45%
3.27%
2.05%
4.47%
1.27%
2.14%

5 years
3.59%
3.40%
2.18%
4.58%
1.41%
2.18%

> There is negative pre closure penalty for FCNR(B) deposits

> No interest will be remunerated if closed within one year and one day (366days).