INFORMATION
DISPLAYED IN TERMS OF PROVISION UNDER
RIGHT TO INFORMATION ACT, 2005
|
INTEREST RATE ON NRE DEPOSITS [TERM]
with effect from 1st MARCH 2010
| PERIOD |
RATE OF INTEREST |
| 1 year and above but less than 2 years |
2.59 |
| 2 years and above but less than 3 years |
2.83 |
| 3 years only |
3.44 |
The above rates are applicable to fresh term deposits under NRE accepted/renewed on or
after 01.03.2010 |