CATHOLIC SYRIAN BANK NRI ACCOUNT INTEREST RATE

CATHOLIC SYRIAN BANK NRI ACCOUNT INTEREST RATE

Our long experience in banking has given us the valuable insight that financial strength is best achieved through customer trust. Our mission is to keep thriving on this philosophy while infusing sustainable practices for the future. Our goal is to produce predictable earnings for our shareholders by rallying our employees through a dynamic and challenging environment. With such ideals in place, we trust that we can outgrow the industry average growth level and climb to a business volume of Rs 34,000 crore, and also reach a net worth level of above Rs 700 crore by 2015. Besides, we are geared to increase our branch presence to 500 centers, covering all prominent locations in India by 2015

 

Interest Rates on NRE Term Deposits (% p.a.) w.e.f. 01.09.2013 

Maturity Period 

Below Rs.100 Lac 

12 Months to and including 24 Months9.50
Above 24 months to less than 36 Months8.75
36 Months to and including 60 Months
(Effective from 9th September, 2013)
10.10
Above 60 Months to and including 120 Months8.75

 

Annualised Yield for NRE Term Deposits (% Per Annum) 

Maturity PeriodBelow Rs.100 Lac
12 Months

9.84

24 Months

10.33

36 Months

11.63

48 Months

12.26

60 Months

12.93

72 Months

11.35

84 Months

11.90

96 Months

12.48

108 Months

13.10

120 Months

13.76

 

Interest Rates on FCNR(B) Term Deposits (% p.a.) w.e.f. 01.10.2013 

MATURITY PERIODUSDGBPEURYENCADAUDCHF
12 months to less than 24 Months2.632.872.472.413.494.522.24
24 months to less than 36 months2.482.832.572.263.474.792.19
36 months to less than 48 months4.775.124.774.295.737.084.33
48 months to less than 60 months5.165.445.004.346.017.394.52
60 months only5.535.715.244.416.247.614.73

 

Annualised Yield for FCNR(B) Term Deposits (% per annum) 

MATURITY PERIODUSDGBPEURYENCADAUDCHF
12 months to less than 24 months2.632.872.472.413.494.522.24
24 months to less than 36 months2.532.892.622.303.564.962.23
36 months to less than 48 months5.065.465.064.536.167.744.57
48 months to less than 60 months5.655.995.464.686.688.424.89
60 months only6.276.505.904.877.199.055.27

 

Interest Rates on NRO Term Deposits (% p.a.) 

Same as for Domestic Term Deposits

Interest Rate on Non Resident Savings Deposits (% p.a.) w.e.f. 03/05/2011 

NRE4.00
NRO4.00

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