NRE, NRO, FCNR, RFC Fixed Deposits, Interest Rates :: ICICI Bank India

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NRI Services > Interest Rates

NRO Fixed Deposits
Maturity Period	*Interest rates (percent per annum) w.e.f. November14, 2003 - Single Deposit of**
Maturity Period	Less than Rs.1.5 million	Rs.1.5 million & above but less than Rs.10 million	Rs.10 million & above
7 - 14 days	N.A.	3.75	As advised
15 - 45 days	3.00	4.00
46 - 60 days	3.00	4.50
61 - 90 days	3.50	4.50
91 days & above upto 180 days	4.50	4.75
181 days & above upto 1 year	5.00	5.00
More than 1 year & upto 3 years	5.25	5.25
More than 3 years & upto 10 years	5.50	5.50

* Subject to revision without prior notice

Note: Rates for Deposits for Rs.1 crore and above will be advised by treasury from time to time

NRE Fixed Deposits / Recurring Deposits
Maturity Period	Interest rates* (percent per annum) w.e.f. October 01, 2004 - Single Deposit of
Maturity Period	Less than Rs. 1.5 million	Rs. 1.5 million & above upto Rs. 10 million	Above Rs. 10 million
12 months and above but less than 18 months	2.44	2.44	2.44
18 months and above but less than 24 months	2.67	2.67	2.67
24 months and above but less than 36 months	2.90	2.90	2.90
36 months to 120 months	3.24	3.24	3.24

* Subject to revision without prior notice

FCNR Fixed Deposits
Interest rates (percent per annum) w.e.f. October 25, 2004.
Currency	USD	GBP	EURO	JPY
>= 12 months < 24 months	2.17	4.76	2.02	0.09
>= 24 months < 36 months	2.61	4.70	2.33	0.18
36 months	2.93	4.72	2.59	0.33

RFC Deposits

Interest rates (percent per annum) w.e.f. October 25, 2004.
Currency	USD	GBP	EURO	JPY
Savings Bank account	0.90	2.75	No Quote	No Quote

RFC Fixed Deposits

Interest rates (percent per annum) w.e.f. October 25, 2004.
Currency	USD	GBP	EURO	JPY
Overnight and upto 30 days	****	****	****	****
30 days to less than 6 months	0.85	3.61	1.80	0.04
6 months to less than 1 year	1.97	4.70	1.92	0.06
>= 12 months < 24 months	2.17	4.76	2.02	0.09
>= 24 months < 36 months	2.61	4.70	2.33	0.18
36 months	2.93	4.72	2.59	0.33

****Subject to arrangement on case to case basis

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