NRI Services

Foreign Currency Non Resident (FCNR)

  • Citibank
  • ICICI Bank
  • UTI Bank



Citibank


Period
Simple Interest P.A. (%)
USD
GBP
EURO
1 year - 2 years
1.75
3.50
2.50
2 years - 3 years
2.00
3.75
2.50
3 years and above
2.50
4.00
2.75

The above rates are effective from November 10, 2001

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ICICI Bank


Period
Simple Interest P.A. (%)
USD
GBP
DEM
EURO
1 year to less than 2 years
2.10
4.00
3.10
3.10
2 years to less than 3 years

3.20

4.60
3.50
3.50
3 years only
3.80
4.90
3.80
3.80

The above rates are effective from December 10, 2001

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UTI Bank


Period
Simple Interest P.A. (%)
USD
GBP
DEM
JPY
EURO
1 year and above but less than 2 years
2.55
4.45
3.00
0.10
3.00
2 years and above but less than 3 years

3.60

4.80
3.00
0.20
3.00
3 years only
4.25
5.05
3.10
0.30
3.10

The above rates are effective from December 10, 2001

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