INFORMATION
DISPLAYED IN TERMS OF PROVISION UNDER
RIGHT TO INFORMATION ACT, 2005
|
INTEREST RATE ON NRE DEPOSITS [TERM]
with effect from 1st SEPTEMBER 2008
| PERIOD |
RATE OF INTEREST |
| 1 year and above but less than 2 years |
3.21 |
| 2 years and above but less than 3 years |
3.31 |
| 3 years only |
3.63 |
The above rates are applicable to fresh term deposits under NRE accepted/renewed on or
after 01.09.2008 |