Central Bank of India Revises Interest Rate on FCNR(B) Deposits
OREANDA-NEWS. May 5, 2012. Revised interest rates, applicable to fresh FCNR(B) deposits accepted / renewals made on or after May 05, 2012 will be as under:
Period of deposit |
USD |
GBP |
EUR |
CAD |
AUD |
1 year to less than 2 years |
3.05 |
3.86 |
3.30 |
4.05 |
6.95 |
2 years to less than 3 years |
2.56 |
3.38 |
2.95 |
3.69 |
5.70 |
3 years to less than 4 years |
3.67 |
4.47 |
4.07 |
4.81 |
6.76 |
4 years to less than 5 years |
3.88 |
4.58 |
4.25 |
4.92 |
6.99 |
5 years only |
4.11 |
4.70 |
4.45 |
5.03 |
7.09 |
Overdue Deposit |
2.05 |
2.86 |
2.30 |
3.05 |
5.95 |
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