Public Relations Deptt., 16th Floor, Chandermukhi, Nariman Point, Mumbai - 400 021.

CO:PRO:2012:09:PRESS:43 September 3, 2012

PRESS RELEASE

CENTRAL BANK OF INDIA REVISES INTEREST RATES ON FCNR-B DEPOSITS W.E.F. 01.09.2012

CENTRAL BANK OF INDIA HAS REVISED INTEREST RATES( TAX FREE) ON FCNR- B DEPOSITS AS UNDER.
THE BANK NOW OFFERS INTEREST OF 3.03 % FOR USD DEPOSIT OF 1 YEAR TO LESS THAN 2 YEARS, 3.87 % FOR USD DEPOSIT OF 5 YEARS, 4.07 % FOR GBP DEPOSIT OF 5 YEARS, 3.98 % FOR EURO DEPOSIT OF 5 YEARS, 4.67 % FOR CANADIAN DOLLAR DEPOSIT OF 5 YEARS & 6.50 % FOR AUSTRALIAN DOLLAR DEPOSIT OF 1 YEAR AS WELL AS FOR 5 YEARS.
ON NRE RUPEE DEPOSITS THE BANK OFFERS 9.30 % (TAX FREE) INTEREST FOR 1) SINGLE DEPOSIT OF RS. 15 LAC TO BELOW Rs. 1 CRORE FROM 1 YEAR TO LESS THAN 3 YEARS PERIOD, 2) UPTO LESS THAN RS. 1 CRORE FOR 555 DAYS.
ALL BRANCHES OF THE BANK ACCEPT THESE DEPOSITS.

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