Oriental bank of Commerce NRE FD Interest Rates

Hello sir I want to know interest rates of Oriental bank of Commerce NRE FD so can you please give me its details ?

Hey as Oriental Bank of Commerce is an India-based bank established in Lahore is one of the public sector banks in India.

Eligibility
NRIs (Citizens of Bangladesh/ Pakistan nationality require prior approval of RBI)

Minimum Amount
A minimum amount Equivalent of USD 5000. There is no restriction on the maximum amount
Interest rate For NRE Fixed Deposit - Less than Rs. 1 cr
Maturity Period INTEREST RATE (% p.a.)

1 year to less than 2 years 8
2 years to less than 3 years 7.75
3 Years to less than 5 Years 7.75
5 years to 10 years 7.75

Interest rate For NRE Fixed Deposit - Rs. 1 cr and above upto 10 crs
Maturity Period INTEREST RATE (% p.a.)

1 year to less than 2 years 7.5
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

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Answered By StudyChaCha Member