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20th February 2016, 01:57 PM
Super Moderator
 
Join Date: Apr 2013
Re: Corporation Bank Exchange Rate

Corporation Bank has a Wide Range of Forex Services to Offer for Both Business and Non Business Needs.

Interest Rates :

The Interest Rates on FCNR (B) deposits stand revised as follows with effect from 1st February 2016.

Period USD GBP EUR AUD CAD
1 year to less than 2 years 1.80 1.68 0.96 3.24 2.02
2 years to less than 3 years 1.96 1.90 0.94 3.13 1.82
3 years to less than 4 years 2.10 2.03 0.99 3.16 1.88
4 years to less than 5 years 2.25 2.16 1.08 3.37 1.96
5 years 2.39 2.28 1.19 3.46 2.07


Interest rate on RFC-SB accounts is 0.50% p.a.

Term Deposits [% per annum with effect from 1st January 2016]

Maturity Band Less than Rs.1 Crore(applicable for domestic, NRO and Capital Gains deposits)
7 to 14 days 5.50
15 to 45 days 6.00
46 to 60 days 6.00
61 to 90 days 6.25
91 to 120 days 7.00
121 to 180 days 7.00
181 to 270 days 7.00
271 days to less than 1 year 7.00
1 year to 2 years 7.50
Above 2 years 7.50

NRE Term Deposits [ % per annum with effect from 1st January 2016]
NRE Term Deposits

Maturity Period Less than Rs.1 crore Rs.1 Crore & above
12 months only 7.50 7.25
Above 12 months to less than 2 Years 7.50 7.25
2 years and above 7.50 7.25

Service Charges :

Corp Convenience Domestic Card + (Visa, Master Card & Rupay Variant)
99/- 150/-

Corp Rupay Adhar Debit Card + (Free for Corp Pragathi Accounts)
99/- 150/-

Corp Convenience International Debit Card With Chip (Visa/Master Card)
99/- 150/-


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