Last Updated on 23/04/2021
RFC_Rates

INTEREST RATES ON RFC DEPOSITS FROM 01.04.2021

MATURITY PERIOD USD GBP EUR JPY CAD AUD
SAVINGS BANK 0.11 0.05 0.00 0.00 0.05 0.00
Six Months and above but less than One Year 0.20 0.11 0.00 0.00 0.07 0.00
One Year and above but less than Two Years 0.98 0.88 0.24 0.72 1.12 0.88
Two Years and above but less than Three Years 1.05 1.04 0.26 0.74 1.13 0.94
Three Years only 1.27 1.18 0.56 0.74 1.43 1.11

RFC(D) doesn’t carry any interest. it can only be a current account