The revised interest rates for the period from 01.12.2016 to 31.12.2016 in respect of FCNR term deposits are as under
|1 year & above but less than 2 years||2.36||1.45||0.83||0.78||1.85||2.58|
|2 years & above but less than 3 years||2.57||1.65||0.83||0.79||1.76||2.68|
|3 years & above but less than 4 years||3.18||1.50||1.91||0.80||2.37||3.32|
|4 years & above but less than 5 years||3.34||1.60||1.98||0.82||2.47||3.66|
|5 years only||3.36||1.69||2.08||0.83||2.56||3.77|
The revised rates will be applicable for fresh and renewed deposits.