The Hindu Business Line : UBI revises NRE, FCNR rates

United Bank of India has revised interest rates on NRE, FCNR (B)/RFC term deposits. NRE term deposit interest rates now are 3.73 per cent (3.75 per cent) for the period from one year to less than two year, 3.32 per cent (3.19 per cent ) for two years but less than three years and 3.68 per cent (3.47 per cent) for three years to up to five years. The revised FCNR(B)/RFC term deposit rates are : 2.98 per cent for $, 3.48 per cent for British pound and 3.28 per cent for Euro for the period from one year to less than two years, 2.57 per cent, 3.09 per cent, and 3.24 per cent respectively for the period from two years to less than three years, 2.93 per cent, 3.41 per cent and 3.54 per cent respectively for three years to less than four years, 3.24 per cent, 3.73 per cent and 3.79 per cent respectively for four years to less than five years and 3.45 per cent, 3.98 per cent and 3.98 per cent respectively for five years.

— Our Bureau

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