INFORMATION
DISPLAYED IN TERMS OF PROVISION UNDER
RIGHT TO INFORMATION ACT, 2005
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INTEREST RATE ON NRE DEPOSITS [TERM]
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with effect from 9th JANUARY 2012 |
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| PERIOD |
RATE OF INTEREST |
| 1 year and above but less than 2 years |
9.25 |
| 2 years and above but less than 3 years |
9.25 |
| 3 years and above but less than 5 years |
9.25 |
| From 5 years and upto 10 years |
9.00 |
The above rates are applicable to fresh term deposits under NRE accepted/renewed on or
after 09.01.2012
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