• Accepted from both Residents and Non - Residents
• Different rates of interest for different terms of period
• Accepted both in Euros and US Dollars.
• Minimum Deposit: US$1000 or €1000
• Minimum Period: 1 week
• Premature Encashment: Permitted, however, interest will be paid at rate applicable to the period for which the deposit has run. No interest will be paid for deposit prematurely withdrawn before 1 week.
• With-holding Tax: With-holding tax is recovered at applicable rate where interest is paid to resident depositors.
Deposit Rates upto €/US$ 1.000.000
For Deposits above Euro/US$ 1.000.000 please contact on undernoted numbers:
Mr B. Vishnu Vardhan (Forex, Swift & ECB)
Mr Satya Prakash, Asst Manager (Forex & Money Market)