Oriental Bank of Commerce more popularly known as OBC offers fixed deposits at competitive rates of interest by investing in which one can get maximum returns on savings.

A fixed deposit account is a financial product that ensures higher returns on savings than a normal savings account.

Normally, one is not allowed to withdraw fixed deposit funds before the maturity date; however, with prior notification to the bank and paying a penalty fee, onee can withdraw money held in fixed deposits with OBC.

The bank offers different types of FDs viz. flexi fixed deposits, tax saver fixed deposits and normal fixed deposits.

Oriental Bank of Commerce NRE FD Rates

Revised Interest Rates on Non-Resident (External) Rupee Deposits W.E.F. 29/04/2016

Maturity period (Buckets) Deposit of Rs. 1 Cr Deposit of above Rs. 10 Cr
& above and upto Rs. 10 Crs.

1 year to less than 2 year 7.16% 7.16%
2 Years to less than 3 Years 7.00% 7.00%
3 Years to less than 5 Years 7.00% 7.00%
5 Years to 10 Years 6.75% 6.75%