Term Deposit

• 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 No interest will be paid for deposit prematurely withdrawn before 1 week.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
wef 01-08-2017

Period
Euro
US$
1 month 0.00 0.50
3 months 0.00 0.90

6 months

0.05

1.00

12 months 0.10 1.30

 

 

For Deposits above Euro/US$ 1.000.000 please contact on undernoted numbers:
Mr Parimal Kumar Prem (Forex, STL & Investment)
Tel: 0032/3/2050204

 

 

Mr Satya Prakash, Asst Manager (Forex & Money Market)
Tel: 0032/3/2332887

amforex.antwerp@sbi.co.in


 

 

 

 

 

 

Office Hours
Mon-Fri
9.00am to 12.30pm
1.30pm to 3.30pm

 

 

 

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