Rate of Interest on RFC (SB) and PENAL
(w.e.f. 01/10/2014 )
RFC (SB) Interest rate and Penal Interest rates are being revised as under.
Sr.No.SchemeCurrencyOur existing rate (p.a.)Proposed rate (p.a.)
1RFC (SB)USD ($) 0.10- nil -
GBP0.25- nil -
EUR- nil -- nil -
CAD- nil -- nil -
AUD1.00- nil -
All other terms and conditions remain unchanged.
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