Interest Rate on FCY Deposit

On-Shore Banking Operation

Effective From: 30-Nov-2024

Type of Deposit Individual Non-Individual
Current Deposit
Global FCY Account 0% 0%
Savings Deposit
Global RFCD Account
USD
Below 25K 1.50% -
25K -Below 50K 2.50% -
50K and above 3.50% -
EUR
Below 25K 1.50% -
25K -Below 50K 2.50% -
50K and above 3.50% -
GBP
Below 25K 1.50% -
25K -Below 50K 2.50% -
50K and above 3.50% -
Term Deposit
Type of Deposit Individual Non-Individual
One Month
NFCD Term Deposit-1 Month
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 0.00% -
Equal or more than USD 25 K 0.00% 0.00%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 0.00% -
Equal or more than Equi USD 25 K 0.00% 0.00%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 0.00% -
Equal or more than Equi USD 25 K 0.00% 0.00%
Three Month
NFCD Term Deposit-3 Month
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 3 Month SOFR+ 1.50% -
Equal or more than USD 25 K 3 Month SOFR+ 1.50% 3 Month SOFR+ 1.50%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 3 Month €STR+ 1.50% -
Equal or more than Equi USD 25 K 3 Month €STR+ 1.50% 3 Month €STR+ 1.50%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 3 Month SONIA+ 1.50% -
Equal or more than Equi USD 25 K 3 Month SONIA+ 1.50% 3 Month SONIA+ 1.50%
Six Month
NFCD Term Deposit-6 Month
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 6 Month SOFR+ 1.50% -
Equal or more than USD 25 K 6 Month SOFR+ 1.50% 6 Month SOFR+ 1.50%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 6 Month €STR+ 1.50% -
Equal or more than Equi USD 25 K 6 Month €STR+ 1.50% 6 Month €STR+ 1.50%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 6 Month SONIA+ 1.50% -
Equal or more than Equi USD 25 K 6 Month SONIA+ 1.50% 6 Month SONIA+ 1.50%
One Year
NFCD Term Deposit-1 Year
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 12 Month SOFR+ 1.50% -
Equal or more than USD 25 K 12 Month SOFR+ 1.50% 12 Month SOFR+ 1.50%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month €STR+ 1.50% -
Equal or more than Equi USD 25 K 12 Month €STR+ 1.50% 12 Month €STR+ 1.50%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month SONIA+ 1.50% -
Equal or more than Equi USD 25 K 12 Month SONIA+ 1.50% 12 Month SONIA+ 1.50%
Two year
NFCD Term Deposit-2 Year
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 12 Month SOFR+ 2.25% -
Equal or more than USD 25 K 12 Month SOFR+ 2.25% 12 Month SOFR+ 2.25%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month €STR+ 2.25% -
Equal or more than Equi USD 25 K 12 Month €STR+ 2.25% 12 Month €STR+ 2.25%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month SONIA+ 2.25% -
Equal or more than Equi USD 25 K 12 Month SONIA+ 2.25% 12 Month SONIA+ 2.25%
Type of Deposit Individual Non-Individual
Three Year
NFCD Term Deposit-3 Year
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 12 Month SOFR+ 2.25% -
Equal or more than USD 25 K 12 Month SOFR+ 2.25% 12 Month SOFR+ 2.25%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month €STR+ 2.25% -
Equal or more than Equi USD 25 K 12 Month €STR+ 2.25% 12 Month €STR+ 2.25%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month SONIA+ 2.25% -
Equal or more than Equi USD 25 K 12 Month SONIA+ 2.25% 12 Month SONIA+ 2.25%
Four Year
NFCD Term Deposit-4 Year
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 12 Month SOFR+ 3.25% -
Equal or more than USD 25 K 12 Month SOFR+ 3.25% 12 Month SOFR+ 3.25%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month €STR+ 3.25% -
Equal or more than Equi USD 25 K 12 Month €STR+ 3.25% 12 Month €STR+ 3.25%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month SONIA+ 3.25% -
Equal or more than Equi USD 25 K 12 Month SONIA+ 3.25% 12 Month SONIA+ 3.25%
Five Year
NFCD Term Deposit-5 Year
USD
Less Than USD 1 K 0.00% -
USD 1 K to less than USD 25 K 12 Month SOFR+ 3.25% -
Equal or more than USD 25 K 12 Month SOFR+ 3.25% 12 Month SOFR+ 3.25%
EUR
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month €STR+ 3.25% -
Equal or more than Equi USD 25 K 12 Month €STR+ 3.25% 12 Month €STR+ 3.25%
GBP
Less Than Equivqlent USD 1 K 0.00% -
Equi USD 1 K to less than Equi USD 25 K 12 Month SONIA+ 3.25% -
Equal or more than Equi USD 25 K 12 Month SONIA+ 3.25% 12 Month SONIA+ 3.25%

1. All term and condition will be applicable as per respective PPG.
2. For Reference rate please city bank daily exchange rate sheet.
3. Global RFCD NFCD account slabs other than USD , GBP will be converted based on equivalnet USD.