RFC Interest Rate

Interest RatesDeposit RatesLoan Schemes - Interest RatesSBI NRI Services - Interest Rates
Show More
Marginal Cost of fund based lending rateReinvestment PlanInterest Rate For Borrowers Other Than P Segment - Commercial LoansSME Interest RangeSMEBU 10 years interest rateInterest Rates On Pre Shipment Credit And Export Bill Discounting in Foreign Currency LoansInterest Rates On FCNB Loans To Exporters CorporatesProcessing FeesPenal Interest & Other ChargesMCLR Historical DataBenchmark Prime Lending Rate - Historical DataBase Rate - Historical DataOld Interest Rates - Last 10 YearsSME SegmentAgricultural SegmentSavings Bank DepositsRetail Domestic term depositsDomestic Bulk Term DepositsExternal Benchmark based Lending RateEBLR-Historical DataSarvottam
RFC Interest Rate
  • RFC Interest Rate

SBI NRI Services - RFC Interest Rate

RESIDENT FOREIGN CURRENCY ACCOUNT (% P.A.) w.e.f. 10.09.2023
PERIOD USD GBP EURO
1 year to less than 2 years 5.60 5.00 1.50
2 years to less than 3 years 4.30 2.35 1.50
3 years 4.00 2.45 1.50

* Rates are subject to change, without prior notice

  • Rates are subject to change, without prior notice.
  • Annualised yield calculated on the maximum period under the respective period bucket.
  • For 1 year’s RFC deposit, simple Interest is applicable.
  • For RFC Deposit above 1 year, Interest is compounded at half yearly frequency
Premature withdrawals of RFC Account:
  • No interest is payable, if the deposit is withdrawn before one year.
  • If the deposit is withdrawn after completion of one year, the interest paid shall be 1.00 % below the rate applicable for the period deposit has remained with the Bank or 1.00 % below the contracted rate, whichever is lower.
  • Above interest will be paid at the rate available on the date of deposit.

Last Updated On : Monday, 11-09-2023

Interest Rates

8.40%* p.a.

w.e.f. 01.09.2023

*T&C Apply.

 

View All
SEE PRODUCTS APPLY NOW
Quick Links