INDIAN BANK CO: INTER NATIONAL DIVISIO N
1 h Floor, Maker Tower "F"
Cuffe Parade, Mumbai - 400 005
PH : 022-22163760/3709
Web: www.indianbank.in
PRESS RELEASE
31.03.2017
I N DIA N BAN K REVISES FCN R ( B) TERM DE POSIT INTE REST RATES
Indian Bank has revised interest rates on FCNR (B) term deposits with effect from 01.04.2017 . For FCNR (B) deposits, in US Dollar, the revised interest rate has been fixed at 2.40 per cent for deposits of one year and above but less than tw ars (2.33% e isting) ; at 2 .62 per cent for deposits of two years and above but less than 3 years (2.57% existing) ; at 2.88 per cent for deposits of three years and above but less than 4 yea s (2.78 % existing); at 3.01 per cent for deposits of four years and above but less than 5 years (2.92% existing) and at 3 .11% per cent for deposits of five years only (3.05% existing).
Yours faithfully,
/
Assistant General Manager (ID)
Indian Bank published this content on 05 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 April 2017 07:38:14 UTC.
Original documenthttp://www.indianbank.in/pdfs/fnrcenglish0404.PDF
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