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    Interest Rates On Deposits: Nri Deposit

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    Tradiyo Forex
    The document outlines interest rates for various non-resident deposit accounts at Axis Bank, including: 1) NRE deposits of less than 5 crores with interest rates ranging from 8.50-8.75% for terms of 1-10 years. 2) NRE deposits of 5 crores to less than 50 crores with interest rates of 8.50-8.75% for terms of 1-5 years. 3) RFC savings bank deposits in USD, GBP, Euro, AUD, and CAD with interest rates of 0.50-0.75%. 4) FCNR(B) deposits in USD, GBP, Euro, AUD, CAD

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    Interest Rates On Deposits: Nri Deposit

    Uploaded by

    Tradiyo Forex
    23 views2 pages
    The document outlines interest rates for various non-resident deposit accounts at Axis Bank, including: 1) NRE deposits of less than 5 crores with interest rates ranging from 8.50-8.75% for terms of 1-10 years. 2) NRE deposits of 5 crores to less than 50 crores with interest rates of 8.50-8.75% for terms of 1-5 years. 3) RFC savings bank deposits in USD, GBP, Euro, AUD, and CAD with interest rates of 0.50-0.75%. 4) FCNR(B) deposits in USD, GBP, Euro, AUD, CAD

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    The document outlines interest rates for various non-resident deposit accounts at Axis Bank, including: 1) NRE deposits of less than 5 crores with interest rates ranging from 8.50-8.75% for terms of 1-10 years. 2) NRE deposits of 5 crores to less than 50 crores with interest rates of 8.50-8.75% for terms of 1-5 years. 3) RFC savings bank deposits in USD, GBP, Euro, AUD, and CAD with interest rates of 0.50-0.75%. 4) FCNR(B) deposits in USD, GBP, Euro, AUD, CAD

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views2 pages

    Interest Rates On Deposits: Nri Deposit

    Uploaded by

    Tradiyo Forex
    The document outlines interest rates for various non-resident deposit accounts at Axis Bank, including: 1) NRE deposits of less than 5 crores with interest rates ranging from 8.50-8.75% for terms of 1-10 years. 2) NRE deposits of 5 crores to less than 50 crores with interest rates of 8.50-8.75% for terms of 1-5 years. 3) RFC savings bank deposits in USD, GBP, Euro, AUD, and CAD with interest rates of 0.50-0.75%. 4) FCNR(B) deposits in USD, GBP, Euro, AUD, CAD

    Copyright:

    © All Rights Reserved
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    of 2

    INTEREST RATES ON DEPOSITS: NRI DEPOSIT*

    NON-RESIDENT EXTERNAL (NRE) DEPOSITS – LESS THAN 5 CRORES W.E.F 11/04/2013**


    NRE TERM DEPOSIT RATE
    INTEREST INTEREST INTEREST RATES INTEREST INTEREST
    RATE ON RATES ON ON DEPOSITS RATES ON RATES ON
    DEPOSITS DEPOSITS OF OF RS. 50 DEPOSITS OF DEPOSITS OF
    BELOW RS. 15 LAKHS LAKHS < RS. 1 CRORE RS. 3 CRORES
    RS. 15 < RS..50 RS.1 CRORES < RS.3 < RS.5
    LAKHS LAKHS CRORES CRORES
    NRE DEPOSITS:
    1. 1 year < 13 months 8.50 8.50 8.50 8.50 8.50
    2. 13 months < 14 months 8.50 8.50 8.50 8.50 8.50
    3. 14 months < 15 months 8.50 8.50 8.50 8.50 8.50
    4. 15 months < 16 months 8.75 8.75 8.75 8.75 8.75
    5. 16 months < 17 months 8.75 8.75 8.75 8.75 8.75
    6. 17 months < 18 months 8.75 8.75 8.75 8.75 8.75
    7. 18 months < 2 years 8.75 8.75 8.75 8.75 8.75
    8. 2 years < 30 months 8.75 8.75 8.75 8.75 8.75
    9. 30 month s < 3 years 8.75 8.75 8.75 8.75 8.75
    10. 3 years < 5 years 8.75 8.75 8.75 8.75 8.75
    11. 5 years up to 10 years 8.50 8.50 8.50 8.50 8.50
    *For terms & conditions and any other details, please contact your nearest Axis Bank Branch.
    **Rates are subject to change without any prior notice.

    NON-RESIDENT EXTERNAL (NRE) DEPOSITS – 5 CRORES TO LESS THAN 50 CRORES W.E.F 07/05/2013**
    INTEREST RATES ON INTEREST RATES ON INTEREST RATES ON
    DEPOSITS OF RS. 5 DEPOSITS OF RS. DEPOSITS OF RS.
    CRORES < 10 CRORES < RS. 25 CRORES <
    RS.10 CRORES 25 CRORES RS.50 CRORES

    NRE DEPOSITS:
    1. 1 year < 13 months 8.75 8.75 8.75
    2. 13 months < 14 months 8.75 8.75 8.75
    3. 14 months < 15 months 8.75 8.75 8.75
    4. 15 months < 16 months 8.75 8.75 8.75
    5. 16 months < 17 months 8.75 8.75 8.75
    6. 17 months < 18 months 8.75 8.75 8.75
    7. 18 months < 2 years 8.75 8.75 8.75
    8. 2 years < 30 months 8.50 8.50 8.50
    9. 30 month s < 3 years 8.50 8.50 8.50
    10. 3 years < 5 years 8.50 8.50 8.50
    11. 5 years up to 10 years 8.50 8.50 8.50
    *For terms & conditions and any other details, please contact your nearest Axis Bank Branch.
    **Rates are subject to change without any prior notice.
    *RFC DEPOSITS: W.E.F. 01/05/2013**
    RFC SAVINGS BANK DEPOSITS INTEREST RATES W.E.F.
    01.03.2009
    RFC DEPOSITS: 1. USD : 0.50% 3. EURO : 0.50%
    2. GBP : 0.75% 4. AUD : 0.75%
    5. CAD : 0.50%
    TERM DEPOSITS: USD GBP EURO AUD CAD
    1. 30 days to less than 3 months 1.87 1.86 1.46 4.21 2.56
    2. 3 months to less than 6 months 1.87 2.01 1.51 4.21 2.61
    3. 6 months to less than 12 months 1.90 2.08 1.56 4.26 2.66
    4. 12 months to less than 18 months 1.95 2.14 1.65 4.76 3.01
    5. 18 months to less than 2 years 1.95 2.14 1.65 4.76 3.01
    6. 2 years and above but less than 3
    1.61 1.84 1.64 4.03 2.54
    years
    7. 3 years to less than 4 years 1.70 1.90 1.73 4.17 2.61
    8. 4 years to less than 5 years 1.85 2.00 1.85 4.37 2.72
    9. 5 years only 2.07 2.15 2.00 4.51 2.84
    *For terms & conditions and any other details, please contact your nearest Axis Bank Branch.
    **Rates are subject to change without any prior notice.

    *FCNR (B) DEPOSITS: W.E.F. 01/05/2013**

    PERIOD INTEREST RATES (% P.A.)

    FOREIGN CURRENCY (NON-RESIDENT) DEPOSIT (BANKS) :

    USD GBP EURO AUD CAD JPY


    1. For 1 year only 2.70 2.89 2.40 5.51 3.76 2.44
    Above 1 year but less than
    2. 2.70 2.89 2.40 5.51 3.76 2.44
    18 months
    18 months and above but less
    3. 2.70 2.89 2.40 5.51 3.76 2.44
    than 2 years
    2 years and above but less
    4. 2.36 2.59 2.39 4.78 3.29 2.27
    than 3 years
    5. 3 years to less than 4 years 3.45 3.65 3.48 5.92 4.36 3.30
    6. 4 years to less than 5 years
    3.60 3.75 3.60 6.12 4.47 3.35
    For 5 year only
    7. 3.82 3.90 3.75 6.26 4.59 3.40

    *For terms & conditions and any other details, please contact your nearest Axis Bank Branch.
    **Rates are subject to change without any prior notice.

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