HDFC FCNR deposit rates are available in foreign currencies such as USD, GBP, EUR, AUD, CAD, and others, without exposure to exchange rate fluctuations. The interest earned on these deposits is also tax-free in India. Usually, the FCNR rates here start at 2.65%. Read on to get the latest rates in detail.
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What are FCNR Deposit Rates HDFC?
The FCNR deposit rates vary based on the currency and tenure of the deposit. HDFC Bank offers deposit tenures ranging from 1 year to 5 years, with varying interest rates across different currencies. Check out the FCNR Rates as of September 2024 here:
USD (US Dollar):
1 to 2 years: 4.65%
2 to 3 years: 3.90%
3 to 4 years: 3.75%
4 to 5 years: 3.35%
5 years only: 3.35%
AUD:
1 to 2 years: 4.10%
2 to 3 years: 3.80%
3 to 4 years: 3.70%
4 to 5 years: 3.65%
5 years only: 3.65%
CAD:
1 to 2 years: 3.45%
2 to 3 years: 3.05%
3 to 4 years: 2.85%
4 to 5 years: 2.70%
5 years only: 2.70%
However, the HDFC Bank FCNR deposit rates in GBP (British Pound) and EUR, for 1 to 2 years is 4.40%, and 2.65% respectively.
These are the HDFC FCNR deposit rates. Hope it helps!
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What is HDFC FCNR Deposit Rates?
armaan
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2024-10-01T12:41:22+00:00 2024-10-01T12:41:23+00:00Comment
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