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Old March 26th, 2020, 09:07 PM
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Default Bank Of India FCNR Interest Rates

I want to know the Interest Rates on NRI Deposit in Bank Of India so will you please tell me?
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  #2  
Old March 28th, 2020, 05:19 PM
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Join Date: Aug 2012
Default Re: Bank Of India FCNR Interest Rates

I am telling you the latest Interest Rates on NRI Deposit in Bank Of India

NRI Deposit Rate

Rates for NRE Rupee Term Deposits
Maturity For Deposits of Less than For deposits of Rs.1 Cr &
Rs.1 Cr. above but less than Rs.10 Cr
Rate w.e.f Rate w.e.f
13.09.2017 11.12.2017
1 Year & above but less than 2 Years 6.6 4.75

2 Years & above but less than 3 Years 6.5 4.75
3 Years to less than 5 years 6.3 4.75
5 years and above up to 10 Years 6.25 4.75
Rs.10 Cr & above

Please contact nearest Branch for rate of interest on deposits for Rs.10 cr & above
Rate of interest on fcnr 'b' deposits: w.e.f. 01.01.2018
(Percentage Per Annum)

MATURITY USD GBP EUR JPY CAD AUD
A 1 Yr To Less Than 2 YRS 2.64 1.13 0.25 0.54 2.44 2.39
B 2 Yrs To Less Than 3 YRS 2.83 1.3 0.35 0.56 2.57 2.56
C 3 Yrs To Less Than 4 YRS 2.92 1.39 0.53 0.58 2.67 2.71
D 4 Yrs To Less Than 5 YRS 2.95 1.47 0.67 0.59 2.72 2.98
E 5 Yrs (Maximum) 2.99 1.53 0.82 0.61 2.76 3.07

Rate Of Interest On Rfc Term Deposits : W.E.F. 01.01.2018
MATURITY USD GBP
A 1 YR TO LESS THAN 2 YRS 2.64 1.13
B 2 YRS TO LESS THAN 3 YRS 2.83 1.3
C 3 YRS (Maximum) 2.92 1.39

RATE OF INTEREST ON RFC SB DEPOSITS W.E.F. 01.01.2018
USD GBP
1.56 0.5

Contact-

BANK OF INDIA
STAR HOUSE
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051.
Ph: 022-66684444
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