Foreign_Currency_Deposits_Rates-English

Savings

For special rates on large deposits, please contact the Treasury on Tel:
0112-206768, 0112-206769, 0112-206757, 0112-206756, 0112-206755, 0112-206754 and 0112-206759

(w.e.f 06th November 2024)

Currency	Rate % p.a.
United States Dollars (USD)	1.25 %
Great Britain Pounds (GBP)	1.00 %
Euro (EUR)	0.40 %
Australian Dollars (AUD)	1.00 %
Canadian Dollars (CAD)	0.50 %
Swiss Francs (CHF)	0.01 %
Singapore Dollars (SGD)	0.25 %
Hong Kong Dollar (HKD)	0.01 %
Japanese Yen (JPY)	0.01 %
Swedish Kroner (SEK)	0.10 %
New Zealand Dollar (NZD)	1.50 %
Danish Kroner (DKK)	0.01 %
Norwegian Kroner (NOK)	0.10 %
Chinese Yuan Renminbi(CNY)	1.25 %
Thai Bhat (THB)	0.01 %
Indian Rupee (INR)	1.00 %

Fixed Deposits

(w.e.f 06th November 2024)

Period	USD Interest %	GBP Interest %	EUR Interest %	AUD Interest %	CAD Interest %
01 Month	3.50	1.75	1.50	1.50	1.90
03 Month	4.00	2.75	2.50	3.00	1.95
06 Month	4.25	3.50	2.75	3.50	2.15
12 Month	4.50	4.25	3.50	4.00	2.25
12 Months (Interest paid Monthly) % p.a.	4.40	4.15	3.45	3.90	2.20
13 Months	4.50	4.25	3.50	4.00	2.25
15 Months	4.50	4.25	3.50	4.00	2.25

Personal Foreign Currency Fixed Deposit Accounts can be opened for 2 years, 3 years, 4 years, and 5 years for USD FDs which interest can be obtained monthly / annually, or on maturity

(w.e.f 06th November 2024)

Period	Interest
	At Maturity	Annually	Monthly
2 Years	4.75%	4.65%	4.55%
3 Years	5.00%	4.75%	4.65%
4 Years	5.25%	4.85%	4.75%
5 Years	5.50%	4.95%	4.85%

USD 7 days Call/Notice Deposit

Applicable new rate is 2.50% p.a. (w.e.f 06th November 2024)

“Ethera Isura Premier”
PFCA Savings Account

Currency	Rate % p.a.
	Up to 4,999	5,000 to 24,999	25,000 to 49,999	50,000 to 99,999	Above 100,000
USD	1.25%	4.69%	4.69%	4.81%	4.865%
EUR	0.400%	3.205%	3.205%	3.405%	3.510%
GBP	1.00%	3.85%	3.85%	3.95%	4.10%
AUD	1.00%	3.625%	3.625%	3.875%	4.125%

Business Foreign Currency Savings Account- Slab-wise interest (BFCA)

Currency	Rate % p.a.
	Up to 49,999	50,000 to 99,999	100,000 to 149,999	150,000 to 249,999	250,000 to 499,999	500,000 to 749,999	750,000 to 999,999	Above 1,000,000
USD	1.25%	2.50%	3.00%	3.25%	3.50%	3.75%	4.00%	4.00%
EUR	0.4%	1.00%	1.50%	2.00%	2.25%	2.50%	2.75%	2.75%
GBP	1.00%	1.50%	2.00%	2.25%	2.50%	2.75%	3.00%	3.00%
AUD	1.00%	1.50%	2.00%	2.25%	2.50%	2.75%	3.00%	3.00%

External Commercial Borrowing Account (ECBA) Fixed Deposit for longer tenure (3 to 8 years) held in USD with Interest payable - Bi-Annually

Tenure of ECBA FD held in US	Bi-Annual Interest Rate p.a.% at maturity
3 years (36 months)	5.35 %
4 years (48 months)	5.40 %
5 years (60 months)	5.45 %
6 years (72 months)	5.25 %
7 years (84 months)	5.00 %
8 years (96 months)	4.90 %

Minors’ Foreign Currency Savings Accounts (“Ethera Udana”)

a) Additional Interest Rate will be provided for PFCA Minors’ Savings Accounts held in USD, with a minimum monthly balance of USD 2,501/- and above, in incremental slab basis, as given below.

Minimum Monthly Balance	Additional Interest Rate % p.a.	Interest Rate % p.a. (with additional interest rate added)
Up to USD 2,500	0.00	1.25
USD 2,501- 5,000	0.25	1.50
USD 5,001- 7,500	0.50	1.75
USD 7,501- 10,000	0.75	2.00
USD 10,001 and above	1.00	2.25

b) Additional Interest Rate is applicable for PFCA Minors’ Savings Accounts held in other main designated currencies with a minimum monthly balance (given in column 2 of below table) where applicable:

Currency	Minimum Monthly Balance	Additional Interest Rate % p.a.	Interest Rate % p.a. (with additional interest rate added)
GBP	2,275/-	0.10	1.10
EUR	2,600/-	0.05	0.45
AUD	4,025/-	0.15	1.15
CAD	3,475/-	0.05	0.55
SGD	3,600/-	0.02	0.27
NZD	4,525/-	0.15	1.65
CNY	18,100/-	0.10	1.35

PFCA Minors’ Foreign Currency Fixed Deposit Accounts(“Ethera Udana”)

For PFCA Minors’ Foreign Currency Fixed Deposits, the interest rates will be same as Personal Foreign Currency Fixed Deposit Interest Rates and Long-Term Foreign Currency Fixed Deposit Interest Rates (As mentioned above).

People’s FX-Future Plus Fixed Deposit Accounts can be opened for 2 to 5 years

(w.e.f 18th June, 2024)

	2 Years		3 Years		4 Years		5 Years
	Interest p.a. At Maturity	Interest p.a. Annually	Interest p.a. At Maturity	Interest p.a. Annually	Interest p.a. At Maturity	Interest p.a. Annually	Interest p.a. At Maturity	Interest p.a. Annually
USD	6.10%	5.90%	6.15%	5.80%	6.20%	5.70%	6.25%	5.60%
EUR	4.00%	3.90%	4.05%	3.90%	4.10%	3.85%	4.15%	3.80%
GBP	4.55%	4.45%	4.60%	4.40%	4.65%	4.35%	4.75%	4.35%
AUD	4.00%	3.90%	4.05%	3.90%	4.10%	3.85%	4.50%	4.10%

If any further clarification is required, please contact Manager - Foreign Currency Accounts Department (OCS) - Tel. No. 011-2332745 / 070-1750294 or Senior Manager (OCS) Tel. No. 011-2437489.

Rates & Tariffs

Savings

Currency

Rate % p.a.

United States Dollars (USD)

1.25 %

Great Britain Pounds (GBP)

1.00 %

Euro (EUR)

0.40 %

Australian Dollars (AUD)

1.00 %

Canadian Dollars (CAD)

0.50 %

Swiss Francs (CHF)

0.01 %

Singapore Dollars (SGD)

0.25 %

Hong Kong Dollar (HKD)

0.01 %

Japanese Yen (JPY)

0.01 %

Swedish Kroner (SEK)

0.10 %

New Zealand Dollar (NZD)

1.50 %

Danish Kroner (DKK)

0.01 %

Norwegian Kroner (NOK)

0.10 %

Chinese Yuan Renminbi(CNY)

1.25 %

Thai Bhat (THB)

0.01 %

Indian Rupee (INR)

1.00 %

Fixed Deposits

Period

USD Interest %

GBP Interest %

EUR Interest %

AUD Interest %

CAD Interest %

01 Month

3.50

1.75

1.50

1.50

1.90

03 Month

4.00

2.75

2.50

3.00

1.95

06 Month

4.25

3.50

2.75

3.50

2.15

12 Month

4.50

4.25

3.50

4.00

2.25

12 Months (Interest paid Monthly) % p.a.

4.40

4.15

3.45

3.90

2.20

13 Months

4.50

4.25

3.50

4.00

2.25

15 Months

Rates &
Tariffs

“Ethera Isura Premier”
PFCA Savings Account

5,000 to
24,999

25,000 to
49,999

50,000 to
99,999

Above
100,000