Oriental Bank of Commerce NRE - 2018 2019 MBA
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  #1  
Old 17th August 2017, 12:33 PM
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Default Oriental Bank of Commerce NRE

My father said me to search for NRE & FCNR Rates of Oriental Bank of Commerce. So will you please help me to find NRE & FCNR Rates of Oriental Bank of Commerce?
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  #2  
Old 17th August 2017, 12:48 PM
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Default Re: Oriental Bank of Commerce NRE

As you are looking for NRE & FCNR Rates of Oriental Bank of Commerce, so here I am providing following Rates:

Oriental Bank of Commerce NRE & FCNR Rates:

Deposit Period Interest Rates w.e.f. 07.06.2017
USD GBP EUR AUD CAD JPY
1 year to < 2 years 2.1 1.3 0.3 2.55 1.95 0.5
2 years to < 3 years 2.4 1.45 0.4 2.8 2 0.5
3 years to < 4 years 2.75 1.3 0.5 2.8 2.15 0.5
4 years to < 5 years 2.75 1.3 0.45 3.15 2.2 0.5
5 years only 2.65 1.3 0.4 3 2.2 0.5

Deposit Period New Rates w.e.f. 11.07.2017
USD GBP EUR AUD CAD JPY
1 year to < 2 years 2.25 1.4 0.3 2.65 2.05 0.5
2 years to < 3 years 2.59 1.6 0.4 3 2.25 0.5
3 years to < 4 years 2.8 1.5 0.5 3.05 2.45 0.5
4 years to < 5 years 2.82 1.5 0.45 3.4 2.5 0.5
5 years only 2.91 1.5 0.4 3.25 2.5 0.5

Saving A/c under RFC Scheme
Interest Rate
USD GBP EURO
0.50 0.50 0.30

REVISED INTEREST RATES ON NON-RESIDENT (EXTERNAL) RUPEE DEPOSITS w.e.f. 03.05.2017
Maturity Period (Buckets) Term Deposits less than Rs. 1 Crore
1 year to less than 2 years 6.85%
2 years to less than 3 years 6.50%
3 years to less than 5 years 6.50%
5 years to 10 years 6.50%
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