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Rates & Tariffs

Foreign Currency

Fixed Deposit Rates for PFC / BFC Accounts

Effective from 01.10.2020

Currency Interest Rate % (p.a.)
1 Month 3 Months 6 Months 1 Year
US Dollars (USD)

2.00

2.75

3.00

3.50

EURO (EUR)

0.50

0.75

1.00

1.50

Great Britain Pounds (GBP)

0.75

1.25

1.50

2.00

Japanese Yen (JPY)

0.50

0.60

0.75

0.90

Canadian Dollar (CAD)

0.75

1.00

1.25

1.75

Swiss Franc (CHF)

0.60

0.75

0.90

1.00

Singapore Dollars (SGD)

0.40

0.50

0.75

1.00

Australian Dollars (AUD)

1.00

1.50

1.75

2.25

Hong Kong Dollars (HKD)

0.60

0.75

0.90

1.25

New Zealand Dollars (NZD)

1.00

1.50

1.75

2.25

Chinese Yuan (CNY)

1.50

2.00

2.25

2.50

Norwegian Kroner (NOK)

0.25

0.50

0.75

1.00

Swedish Krona (SEK)

0.15

0.25

0.40

0.50

United Arab Emirates Dirham (AED)

0.15

0.20

0.25

0.30

Note: Minimum amount required to open a Foreign Currency Fixed Deposit is 1,000/- in the currency selected, except for JPY. Minimum deposit for JPY is 100,000/-
2 Years Fixed Deposits USD EUR GBP AUD

Interest paid

- Monthly

3.62

1.96

2.68

2.44

Interest paid

- Annually

3.68

1.98

2.71

2.47

Interest paid

- At maturity

3.75

2.00

2.75

2.50

3 Years Fixed Deposits USD

Interest paid - Annually

3.85

Interest paid - At maturity

4.00

4 Years Fixed Deposits USD

Interest paid - Annually

4.00

Interest paid - At maturity

4.25

Special Foreign Currency Fixed Deposit Product (Dollar Plus) USD

15 Months - At maturity (Special rates will not be considered) 

4.25

 

Interest Rates on Foreign Currency (PFCA / BFCA) Savings Accounts  

Effective from 16.07.2020

Currency Interest Rate %( p.a.)
US Dollars (USD)

1.00

EURO (EUR)

0.25

Great Britain Pounds (GBP)

0.25

Japanese Yen (JPY)

0.10

Canadian Dollars (CAD)

0.50

Swiss Francs (CHF)

0.25

Singapore Dollars (SGD)

0.25

Australian Dollars (AUD)

1.00

Hong Kong Dollars (HKD)

0.50

New Zealand Dollars (NZD)

1.00

Chinese Yuan (CNY)

1.00

Norwegian Kroner (NOK)

0.25

Swedish Kroner (SEK)

0.15

UAE Dirham (AED)

0.10

Interest Rates on FC Plus (High and Variable Interest NRFC/RFC Savings) Accounts for the month of October 2020

Currency 1 MONTH
LIBOR %
"FC Plus" Interest Rates % ( p.a.)
Upto 5,000 For 5,001 –25,000 For 25,001 -50,000 For 50,001 - 100,000 For 100,001 and above
USD

0.14900

1.500

2.649

2.899

3.149

3.649

EUR

-0.56771

0.250

0.682

0.807

0.932

1.182

GBP

0.04675

0.250

1.422

1.547

1.672

1.797

AUD

0.07000

1.000

1.320

1.570

1.820

2.070