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Interest rates (percent per annum) w.e.f. November 18, 2008.
Currency
USD
GBP
EURO

JPY

AUD
CAD
 

RATE

APY

RATE

YIELD

RATE

YIELD

RATE

YIELD

RATE

YIELD

RATE

YIELD

>= 12 months < 24 months
4.17 4.17 7.01 7.01 5.87 5.87 2.16 2.16 7.28 7.28 4.17 4.17
>= 24 months < 36 months
3.66 3.76 5.18 5.38 4.59 4.75 1.87 1.90 6.14 6.43 3.26 3.34
>= 36 months < 48 months
4.14 4.36 5.32 5.69 4.70 4.98 1.94 1.99 6.44 6.98 3.52 3.61
>= 48 months < 60 months
4.49 4.86 5.42 5.96 4.81 5.23 2.05 2.13 6.66 7.49 3.70 3.95
60 months
4.76 5.30 5.51 6.25 4.91 5.49 2.15 2.26 6.72 7.83 3.89 4.25
 
Note: On premature withdrawal:-
1. No interest is payable if deposit is withdrawn before completion of 12 months.
2. If prematurely withdrawn after completion of 12 months, the interest will be paid at 1% below the applicable rate for the period the deposit has remained with the Bank or 1% below contracted rate whichever is less.
 
Disclaimer:
Interest rates for NRE, FCNR and RFC deposits are subject to change on the 1st of every month and as per the guidelines issued by the Reserve Bank of India from time to time. Deposit requests received on the 1st day of the month will be opened with the applicable rate.