US Dollars Term Deposit: w.e.f. 03.11.2025
Card rate for plain Term Deposit (In USD)
|
Sr no |
Tenor (A) |
Up to 1 Mio Interest rate (B) |
1 Mio and above Interest rate (C) |
Remarks |
|---|---|---|---|---|
| 1. | 7d to 1m | 3.65% | 3.75% |
20 bps penalty on interest in case of premature closure (on the rate applicable for actual deposit tenor)
|
| 2. | 1m 1d to 3m | 3.75% | 3.85% | |
| 3. | 3m 1d to 6m | 3.90% | 4.00% | |
| 4. | 6m 1d to 9m | 3.90% | 4.00% | |
| 5. | 9m 1d to 12m | 3.95% | 4.05% | |
| 6. | 1 Yr 1d to 3 Yrs | 3.65% | 3.75% | |
| 7. | 3Yrs 1d to 5 Yrs | 3.65% | 3.75% |
Interest Rate on Savings
|
Savings Account (Interest will be calculated on actual / 360 days (simple interest)) |
2.50% |
|
Current Account
Interest Bearing Current Account (Interest will be calculated on actual / 360 days (simple interest)) |
Nil
1.50 % for USD 1.00 % for GBP 0.50 % for EUR
|
|
OD/ DL Loan against FCNR(B) rate: |
USD |
|
For loan up to 1 year: 5.75% or FCNR(B) deposit rate, whichever is higher* |
For loan tenure 1Yr 1 day to 3 years: (1 M SOFR + 175 bps) or FCNR(B) rate, whichever is higher* |
|
OD/ DL Loan against FCNR(B) rate: |
GBP |
|
For loan up to 1 year: 5.75% or FCNR(B) deposit rate, whichever is higher* |
For loan tenure 1Yr 1 day to 3 years: (1 M EURIBOR + 400 bps) or FCNR(B) rate, whichever is higher* |
*conditions apply.
For more information, please connect with us through email to ibu@statebank.com