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  #2  
June 14th, 2016, 02:00 PM
Super Moderator
 
Join Date: Mar 2012
Re: Oriental Bank Of Commerce NRE Fixed Deposit Rates

Oriental Bank of Commerce offers FDs to customers at competitive interest rates.

NRE or Non-Resident External Rupee Account is maintained by non-resident Indian (NRI) in Indian Rupees.

OBC NRE & FCNR Rates

Interest Rates For FCNR (B)/ RFC Deposits W.E.F. 02.05.2016 (Intt. rates per annum)

Deposit Period

Interest Rates from 01.04.2016 New Rates w.e.f. 02.05.2016
USD GBP EUR AUD CAD JPY USD GBP EUR AUD CAD JPY

1 year to < 2 years

1.8 1.65 1 3.2 2 0.5 1.85 1.65 1 3.1 2 0.5

2 years to < 3 years

1.9 1.85 1 3.15 1.9 0.5 1.95 1.9 1 3.05 2.05 0.5

3 years to < 4 years

2 1.85 1 3.2 1.9 0.5 2.05 2 1 3.1 2.1 0.5

4 years to < 5 years

2.15 1.95 1 3.35 1.95 0.5 2.2 2.1 1 3.4 2.15 0.5

5 years only

2.25 2.05 1 3.4 2 0.5 2.3 2.15 1 3.4 2.2 0.5

Saving A/c under RFC Scheme

Interest Rate -

USD GBP EURO
0.5 1 0.5

FCNR/NRE deposit no interest shall be payable if the deposit has not run minimum stipulated period, which is presently 1 year.

Revised Interest Rates on Non-Resident (external) rupee deposits w.e.f. 28.03.2016

Maturity Period (Buckets) Term Deposits less than Rs. 1 Crore
1 year to less than 2 years 7.50%
2 years to less than 3 years 7.25%
3 years to less than 5 years 7.25%
5 years to 10 years 7.25%

Contact details-

Oriental Bank of Commerce
Corporate Office
Plot No. 5, Institutional Area
Sector-32
Gurgaon – 122001

Telephone Nos.:

PBX board/ receiption numbers : 0124-4126200 and 0124-4126300

Toll Free Customer Care No. : 1800-180-1235
Toll Customer Care No. : 0120-2580001


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