INTEREST RATES OFFERED BY OBU w.e.f. 01st July 2010 (Subject to change)

   (Percent per Annum)

 


Period of Deposit

US Dollars

1

15 days 0.20**
2  1 Month 0.35**
3 2 Months 0.43**
4 3 Months 0.54**
5 Above 3 Months upto 6 months 0.78
6 Above 6 Months to less than 1 year 1.50
7 1 Year to less than 2 Years 2.42
8  2 Years to less than 3 Years 2.22
9 3 Years to less than 5 Years 2.58
     
 


Period of Deposit

GB Pound

1

15 days 0.50**
2  1 Month 0.56**
3 2 Months 0.63**
4 3 Months 0.73**
5 Above 3 Months upto 6 months 0.98
6 Above 6 Months to less than 1 year 1.77
7 1 Year to less than 2 Years 2.71
8  2 Years to less than 3 Years 2.68
9 3 Years to less than 5 Years 3.05
     
 


Period of Deposit

EURO

1

15 days 0.33**
2  1 Month 0.43**
3 2 Months 0.53**
4 3 Months 0.69**
5 Above 3 Months upto 6 months 0.94
6 Above 6 Months to less than 1 year 1.76
7 1 Year to less than 2 Years 2.54
8  2 Years to less than 3 Years 2.60
9 3 Years to less than 5 Years 2.83

 

   
** 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.