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Interest rate on FCNR (B)

Currency

Period

1 year and above but less than 2 years

2 years and above but less than 3 years

3 years and above but less than 4 years

4 years and above but less than 5 years

5 years only

Old

New

Old

New

Old

New

Old

New

Old

New

USD

6.00

6.00

5.50

5.50

5.40

5.40

5.30

5.30

5.30

5.30

GBP

4.03

4.03

4.03

4.03

3.98

3.98

4.08

4.08

4.08

4.08

EUR

2.50

2.50

2.50

2.50

2.45

2.45

2.55

2.55

2.55

2.55

CAD

4.75

4.75

4.75

4.75

4.75

4.75

4.75

4.75

4.75

4.75

AUD

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

JPY

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

CHF

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

  • The above revised interest rate structure is effective from 01.04.2023 to 30.04.2023.