Compare FCNR Interest rates - Australian Dollar deposits

Australia is one of the favorite places to migrate for Indians. Especially Indian Engineers & Doctors are preferring to settle down in Australia if they don't get visas to USA or UK. One of the recent studies show that close to half a million NRIs live in Australia and they contribute a lot to the development of Australia as well as their home country, India.

For all those NRIs who live in Australia and planning to invest in India, especially in bank guaranteed FCNR deposits, here is an useful resource.

We gather information to help you compare FCNR interest rates provided by reputed banks in India when the deposits are made in Australian dollar.

The interest rates were last updated on July 12th 2017

Bank 1 Year 2 Years 3 Years 4 Years 5 Years Bank Website
ICICI Bank 2.82% 2.96% 3.12% 3.38% 3.51% Visit bank
Andhra Bank 2.82% 2.96% 3.12% 3.38% 3.51% Visit bank
Bank Of Baroda 2.32% 2.46% 2.62% 2.88% 3.01% Visit bank
Catholic Syrian Bank 2.32% 2.46% 2.62% 2.88% 3.01% Visit bank
DBS Bank 0.01% 0.01% 0.01% 0.01% 0.01% Visit bank
Dena Bank 1.97% 2.02% 2.11% 2.61% 2.72% Visit bank
IDBI Bank 2.57% 2.71% 2.87% 3.13% 3.26% Visit bank
IndusInd Bank 1.87% 2.01% 2.17% 2.43% 2.56% Visit bank
Karnataka Bank 2.72% 2.86% 3.22% 3.48% 3.61% Visit bank
Karur Vysya Bank 2.57% 2.71% 3.37% 3.63% 3.76% Visit bank
Oriental Bank of Commerce 2.65% 3.00% 3.05% 3.40% 3.25% Visit bank
Punjab & Sind Bank 2.82% 2.96% 3.12% 3.38% 3.51% Visit bank
State Bank of India 0.15% 0.31% 0.31% 0.31% Visit bank
Tamilnad Mercantile Bank 3.07% 3.21% 3.62% 4.08% 4.21% Visit bank
UCO Bank 1.99% 2.12% 2.21% 2.44% 2.56% Visit bank