Friday, October 25, 2013

FCNR Deposit Interest Rates USD - ICICI vs SBI vs HDFC vs Kotak vs Axis Bank

FCNR term deposit is very hot at the moment. As I said in my last post it Right time to invest in FCNR deposit, it's the perfect time to get much better interest rates on foreign currency in India than abroad. If you consider USD interest rates, then Indian banks are offering up to 5.53% interest rates for five years deposit, this looks awesome.