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Interest Rates on FCNR(B) and RFC Deposits revised

Federal Bank revised interest rates on FCNR(B) and RFC Deposits with effective from 1st October 2016. Revised rates are given below.

 

FCNR (B) Deposits – effective from 01st October 2016

 

Period

USD

GBP

EURO

YEN

CAD

AUD

CHF

NZD

SGD

HKD

1 year to less than 2 years

1.95%

1.33%

0.80%

0.97%

2.12%

2.72%

0.33%

3.10%

2.23%

1.81%

2 years to less than 3 years

2.01%

1.44%

0.78%

0.92%

1.86%

2.66%

0.30%

3.04%

2.41%

1.94%

3 years to less than 4 years

2.06%

1.44%

0.80%

0.90%

1.88%

2.67%

0.32%

3.05%

2.54%

2.03%

4 years to less than 5 years

2.11%

1.46%

0.81%

0.90%

1.90%

2.88%

0.35%

3.10%

2.65%

2.12%

5 Years only

2.16%

1.49%

0.85%

0.91%

1.92%

2.91%

0.40%

3.16%

2.72%

2.19%

 

 

RFC Deposits – effective from 01st October 2016

 

Period

USD

GBP

EURO

YEN

CAD

AUD

CHF

NZD

SGD

HKD

6 months to less than 1 year

1.95%

1.33%

0.80%

0.97%

2.12%

2.72%

0.33%

3.10%

2.23%

1.81%

1 year to less than 2 years

1.95%

1.33%

0.80%

0.97%

2.12%

2.72%

0.33%

3.10%

2.23%

1.81%

2 years to less than 3 years

2.01%

1.44%

0.78%

0.92%

1.86%

2.66%

0.30%

3.04%

2.41%

1.94%

3 years only

2.06%

1.44%

0.80%

0.90%

1.88%

2.67%

0.32%

3.05%

2.54%

2.03%

 

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Interest rates on FCNR and RFC deposits revised

Interest rates on FCNR and RFC Deposits have been revised with effective from 1st July 2016. Revised interest rates are given below.

 

FCNR (B) Deposits – effective from 01st July 2016

Period

USD

GBP

EURO

YEN

CAD

AUD

CHF

NZD

SGD

HKD

1 year to less than 2 years

1.70%

1.46%

0.81%

0.94%

1.93%

2.84%

0.23%

3.28%

2.28%

1.75%

2 years to less than 3 years

1.78%

1.58%

0.79%

0.87%

1.91%

2.80%

0.17%

3.25%

2.42%

1.87%

3 years to less than 4 years

1.83%

1.59%

0.82%

0.85%

1.93%

2.81%

0.18%

3.25%

2.55%

1.98%

4 years to less than 5 years

1.92%

1.62%

0.84%

0.84%

1.96%

3.00%

0.21%

3.29%

2.67%

2.10%

5 Years only

2.03%

1.67%

0.92%

0.85%

1.99%

3.02%

0.27%

3.35%

2.77%

2.19%

 

 

RFC Deposits – effective from 01st July 2016

Period

USD

GBP

EURO

YEN

CAD

AUD

CHF

NZD

SGD

HKD

6 months to 1 year

1.70%

1.46%

0.81%

0.94%

1.93%

2.84%

0.23%

3.28%

2.28%

1.75%

1 year to less than 2 years

1.70%

1.46%

0.81%

0.94%

1.93%

2.84%

0.23%

3.28%

2.28%

1.75%

2 years to less than 3 years

1.78%

1.58%

0.79%

0.87%

1.91%

2.80%

0.17%

3.25%

2.42%

1.87%

3 years only

1.83%

1.59%

0.82%

0.85%

1.93%

2.81%

0.18%

3.25%

2.55%

1.98%

 

 

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