The revised interest rates for the period from 01/01/2019 To 31/01/2019 in respect of FCNR term deposits are as below:
|1 Year & above but less than 2 Years||4.01||1.76||0.79||0.78||3.04||2.48|
|2 Years & above but less than 3 Years||3.77||1.92||0.84||0.78||2.75||2.44|
|3 Years & above but less than 4 Years||4.00||1.73||0.94||0.77||3.00||2.70|
|4 Years & above but less than 5 Years||3.83||1.79||1.06||0.77||3.02||2.92|
|5 Years only||3.86||1.83||1.21||0.78||3.05||3.00|
Rates are subject to change, without prior notice.
No interest is payable if the deposit is withdrawn before one year.
Any pre-closure after completion of one year will be applicable to pre-closure penalty norms.