INTEREST RATES OFFERED BY OBU w.e.f. 01st June 2009 (Subject to change)

   (Percent per Annum)

 


Period of Deposit

US Dollars

1

15 days 0.30**
2  1 Month 0.32**
3 2 Months 0.51**
4 3 Months 0.67**
5 Above 3 Months upto 6 months 0.92
6 Above 6 Months to less than 1 year 2.01
7 1 Year to less than 2 Years 2.85
8  2 Years to less than 3 Years 2.63
9 3 Years to less than 4 Years 3.24
10  4 Years to less than 5 Years 3.77
11  5 years only 4.17
     
 


Period of Deposit

GB Pound

1

15 days 0.62**
2  1 Month 0.87**
3 2 Months 1.07**
4 3 Months 1.28**
5 Above 3 Months upto 6 months 1.53
6 Above 6 Months to less than 1 year 2.24
7 1 Year to less than 2 Years 3.00
8  2 Years to less than 3 Years 3.18
9 3 Years to less than 4 Years 3.80
10  4 Years to less than 5 Years 4.25
11  5 years only 4.55
     
 


Period of Deposit

EURO

1

15 days 0.88**
2  1 Month 0.93**
3 2 Months 1.09**
4 3 Months 1.28**
5 Above 3 Months upto 6 months 1.53
6 Above 6 Months to less than 1 year 2.23
7 1 Year to less than 2 Years 2.89
8  2 Years to less than 3 Years 3.01
9 3 Years to less than 4 Years 3.44
10  4 Years to less than 5 Years 3.81
11  5 years only 4.12

 

   
** 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.