Savings & Deposits
  Interest Rates  
       
 
Foreign Currency Savings Accounts  
   

United States Dollars (USD)

USD General Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to USD 499/- NIL USD 100/-
From USD 500/- to 999/-  3.50% pa  
USD 1,000/- and over 3.75% pa  

USD Super Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to USD 499/- NIL USD 100/-
From USD 500/- to 999/- 3.00% pa  
From USD 1,000/- to 4,999/- 3.25% pa  
From USD 5,000/- to 9,999/- 3.50% pa  
From USD 10,000/- to 49,999/-  3.75% pa  
From USD 50,000/- to 99,999/- 4.00% pa  
From USD 100,000/- to 249,999/- 4.25% pa  
USD 250,000/- and above 5.25% pa  

USD Special Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to USD 499/- NIL USD 100/-
From USD 500/- to 999/- 3.25% pa  
From USD 1,000/- to USD 3,999/- 3.50% pa  
USD 4,000/- and above 3.75% pa  
 
   

Great Britain Pounds (GBP)

GBP General Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to GBP 249/- NIL GBP 100/-
From GBP 250/- to 499/- 3.25% pa  
GBP 500/- and over 3.50% pa  

GBP Super Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to GBP 249/- NIL GBP 100/-
From GBP 250/- to 499/- 2.75% pa  
From GBP 500/- to 999/- 3.00% pa  
From GBP 1,000/- to 4,999/- 3.35% pa  
From GBP 5,000/- to 9,999/- 3.50% pa  
From GBP 10,000/- to 24,999/- 3.75% pa  
From GBP 25,000/- to 49,999/- 4.00% pa  
From GBP 50,000/- to 99,999/- 4.25% pa  
GBP 100,000/- and over 5.00% pa  
 
   

Australian Dollars (AUD)

AUD General Savings Accounts

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Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to AUD 499/- NIL AUD 200/-
From AUD 500/- to 1,999/- 4.00% pa  
From AUD 2,000/- to 99,999/- 4.50% pa  
From AUD 100,000/- to 199,999/- 4.75% pa  
AUD 200,000/- and over 5.50% pa  
 
   

Euros (EUR)

EUR General Savings Accounts

Slab

Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to EUR 499/- NIL EUR 100/-
From EUR 500/- to 999/- 2.50% pa  
EUR 1,000/- and above 2.75% pa  

EUR Super Savings Accounts

Slab

Rate w.e.f.
18th October 2011

Current Minimum Required to open account

Up to EUR 499/- NIL EUR 100/-
From EUR 500/- to 999/- 2.25% pa  
From EUR 1,000/- to 4,999/- 2.50% pa  
From EUR 5,000/- to 9,999/- 2.75% pa  
From EUR 10,000/- to 24,999/- 3.00% pa  
From EUR 25,000/- to 49,999/- 3.25% pa  
From EUR 50,000/- to 99,999/- 3.50% pa  
From EUR 100,000/- to 249,999/- 3.75% pa  
EUR 250,000/- and above 5.00% pa  
 
 
   
  • The interest rates and minimum opening amounts in the products referred to above apply to Resident      Foreign Currency (RFC) Accounts.
 
  • The interest rates mentioned in all above will apply to Non Resident Foreign Currency (NRFC) accounts,      however NRFC accounts can be opened with nil balances.
 
  • In the case of Special Foreign Investment Deposit Accounts (SFIDA) the minimum required to open      an     account will be USD 10,000/- or equivalent in other foreign currencies. Interest will be paid for SFIDA     accounts only if the minimum balance of USD 10,000/- or equivalent is maintained. No interest to be paid for    balances less than USD 10,000/- or equivalent in other foreign currencies.