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  India 1st September, 2003

Canara Bank revises FCNR (B) deposit rates

Canara Bank has revised the Foreign Currency Non Resident (Bank) deposit (FCNR) rates with effect from September 1, 2003. The interest rates applicable as per the changes are given below.

PERIOD OF FCNR(B) DEPOSIT

GBP

USD

EUR

1 - 2 YEARS 3.73% 1.19% 2.06%
2 - 3 YEARS 4.08% 1.96% 2.51%
3 YEARS 4.26% 2.66% 2.89%

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