INFORMATION
DISPLAYED IN TERMS OF PROVISION UNDER
RIGHT TO INFORMATION ACT, 2005
|
INTEREST RATE ON NRE DEPOSITS [TERM]
with effect from 1st JULY 2010
| PERIOD |
RATE OF INTEREST |
| 1 year and above but less than 2 years |
2.92 |
| 2 years and above but less than 3 years |
2.72 |
| 3 years only |
3.08 |
The above rates are applicable to fresh term deposits under NRE accepted/renewed on or
after 01.07.2010 |