INTEREST RATES OFFERED BY OBU w.e.f. 02nd March 2010 (Subject to change)

   (Percent per Annum)

 


Period of Deposit

US Dollars

1

15 days 0.20**
2  1 Month 0.22**
3 2 Months 0.23**
4 3 Months 0.25**
5 Above 3 Months upto 6 months 0.50
6 Above 6 Months to less than 1 year 1.13
7 1 Year to less than 2 Years 2.09
8  2 Years to less than 3 Years 2.33
9 3 Years to less than 5 Years 2.94
     
 


Period of Deposit

GB Pound

1

15 days 0.50**
2  1 Month 0.54**
3 2 Months 0.57**
4 3 Months 0.64**
5 Above 3 Months upto 6 months 0.89
6 Above 6 Months to less than 1 year 1.61
7 1 Year to less than 2 Years 2.55
8  2 Years to less than 3 Years 2.82
9 3 Years to less than 5 Years 3.36
     
 


Period of Deposit

EURO

1

15 days 0.33**
2  1 Month 0.38**
3 2 Months 0.46**
4 3 Months 0.60**
5 Above 3 Months upto 6 months 0.85
6 Above 6 Months to less than 1 year 1.66
7 1 Year to less than 2 Years 2.45
8  2 Years to less than 3 Years 2.70
9 3 Years to less than 5 Years 3.10

 

   
** Deposit in currency of USD, GBP, EURO applicable only if
       amount is USD 250000.00 or equivalent.
 
 Minimum Deposit Amount – USD 5,000 or its equivalent.
 Premature withdrawal of deposits permitted with penalty of 0.50%.

 Half Yearly compounding of interest.

 Tax Deductable at Source as per rules.  
 Deposits are at fixed rate of interest.
 Additional interest can be considered on single deposit of USD 1 Million and above.
 Please confirm above rates of interest before placing the deposits.