Live Rate Guide
FCNR(B) Rate Analysis
Indicative rates across eight RBI-regulated banks — filtered by currency and tenure. Includes UAE leverage structures for investors seeking yield enhancement.
Rates sourced from official bank websites and verified as of June–August 2026. Current rates reflect the RBI's special FCNR(B) deposit mobilisation program — promotional rates are higher than normal and may change without notice. Always confirm the current rate directly with your bank before committing capital.
Verified: June–August 2026Best rate for USD · 1 Year
Important Notes
- Rates sourced from official bank websites and verified June–August 2026. Subject to change without notice.
- Current rates reflect the RBI's special FCNR(B) deposit mobilisation program (first such scheme since 2013). Promotional rates — particularly for 3–5 year tenures — are significantly higher than the long-run norm. Confirm availability and current rate directly with your bank.
- SBI's rates are notably lower than private sector peers during this cycle. Investors prioritising rate maximisation should compare private sector banks carefully.
- Interest is calculated on a 360-day basis for USD, GBP, and EUR deposits; 365-day basis for AUD and CAD.
- Minimum deposit amounts vary by bank — typically USD 1,000 or equivalent. Some wealth management tiers require higher minimums.
- JPY rates remain near zero despite the Bank of Japan's 2024 policy normalisation. Verify current JPY rates directly with your bank.
UAE Investors · Advanced Structure
USD Leverage Deals on FCNR(B) Deposits
Compare USD-denominated Loan Against Deposit (LAD) terms across five Indian banks with UAE presence — LTV ratios, SOFR-linked rates, minimum deposits, and processing timelines. No EIBOR-based lending included.