The State Bank of Bikaner & Jaipur (SBBJ), the premier bank of the state, today revised its FCNR and NRE interest rates for fresh deposits and renewals with effect from November 1.
The new rates for one to five years maturities are 1.76 per cent, 1.53 per cent, 1.78 per cent, 2.12 per cent and 2.47 per cent for US dollars, 2.48 per cent,2.32 per cent, 2.58 per cent, 2.88 per cent and 3.16 per cent for GB pound and 2.51 per cent, 2.60 per cent, 2.81 per cent, 3.00 per cent and 3.20 per cent for EURO, respectively, an official said today.
The interest rates on NRE term deposits are 2.51 per cent for one year to less than 2 years,2.28 per cent for 2 years to less than 3 years and 2.53 per cent for 3 to 5 years of maturities.
These rates are revised to give the customers the best rates within the permissible limits of Reserve Bank of India.
