SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian Bank increases FCNR deposit rates

03 Dec 2011 Evaluate

Indian Bank, country’s public sectorlender has revised its Foreign Currency Non-Resident (Banking) andNon-Resident (External) term deposit rates with immediate effect.

Thebank has increased FCNR (B) deposits in dollar terms to 2.32% fordeposits of one year and above, but less than two years from theexisting 2.19%. For two-years and above but less than three years, theinterest rates have been changed to 2.01% from the existing 1.86%. Fordeposits of three years and above but less than four years, it has beenincreased to 2.14 % from the present 2.02%.

Fordeposits of four years and above but less than five years, it ischanged to 2.35% from the existing 2.30%. For deposits of up to fiveyears, it has been revised to 2.62% from the existing 2.59%.

OnNon-Resident (External) deposits, the revised interest rates for oneyear and above but less than two years has been fixed at 3.82% from3.69%, for those deposits of up to two years and above but less thanthree years it is revised to 3.51% from the existing 3.36%. Fordeposits of three years and up to five years it has been changed to3.64% from the existing 3.52%.

Indian Bank Share Price

861.10 -9.85 (-1.13%)
13-Jul-2026 10:03 View Price Chart
Peers
Company Name CMP
State Bank Of India 1036.00
PNB 105.45
Bank Of Baroda 250.30
Canara Bank 128.30
Union Bank Of India 167.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: