State Bank of Bikaner and Jaipur (SBBJ) on Tuesday revised its FCNR(B) rates for fresh deposits and renewals.
The new rates for one to five years maturities are 2.56 per cent, 2.59 per cent, 4.05 per cent, 4.48 per cent, and 4.85 per cent for US dollar, a bank release said on Tuesday. While 2.91 per cent, 3.49 per cent, 4.82 per cent, 5.07 and 5.29 per cent for GB pound, and 2.55 per cent, 2.49 per cent, 3.64 per cent, 3.82 per cent and 4.01 per cent for EURO, respectively.
These rates are revised to give the customers the best rates within the permissible limits of RBI. These rates are applicable on fresh deposits and renewal of existing deposits, according to the release.The interest rates on NRE term deposits remain unchanged at 9.0 per cent for deposits of one year to up to 10 years mathurity.
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