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Dear Customers:
In view of change in the market conditions, we propose to revise our interest rates on deposit A/C w.e.f 01st May,2009. New applicable rates are as follows:
|
Period |
USD |
EURO |
JPY |
HKD |
|
Current |
0.25 |
0.10 |
0.0001 |
0.05 |
|
7 days call |
0.25 |
0.375 |
0.0005 |
0.05 |
|
One month |
0.30 |
0.75 |
0.01 |
0.15 |
|
Three month |
0.75 |
1.00 |
0.010 |
0.50 |
|
Six month |
1.25 |
1.125 |
0.010 |
0.75 |
|
One year |
1.75 |
1.25 |
0.010 |
1.00 |
NB: This rate is applicable for deposit of less USD 3.00 Mio or its equivalent. However, interest rate on any single deposit of USD 3.00 Mio and above is negotiable.
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