#1
24th December 2015, 08:35 AM
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Indian Overseas Bank FCNR Rates
How much is the rate of interest on Term Deposit of Foreign Currency (Non Resident) (FCNR) ?
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#2
24th December 2015, 08:38 AM
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Re: Indian Overseas Bank FCNR Rates
Foreign Currency (Non Resident) (FCNR) accounts can be opened by non-resident Indian and persons of Indian origin. Term Deposit Interest Rates : Non Resident Account Period : For Amount Less than Rs 1 Cr Interest rates % p.a.: 1 Year to less than 2 years 7.50 2 Years to 3 Years 7.25 > 3 years to less than 5 years 7.25 5 years up to 10 years 7.25 Term Deposit Interest Rates FCNR (B) |