Which bank is offering highest FCNR interest rates? | TheBriefWire
Which bank is offering highest FCNR interest rates?
Published 4 August 2026 ยท finance
Synopsis For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from
Synopsis For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to five years, Punjab Bank currently leads with an attractive 6.50% rate on select five-year deposits. Meanwhile, HDFC Bank and ICICI Bank also showcase appealing rates for extended FCNR(B) deposits.
Published: August 4, 2026 โข 5:12 PM IST ยท Updated: August 4, 2026 โข 6:38 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice.
With an uptick in interest rates for tenures ranging from three to five years, Punjab Bank currently leads with an attractive 6.50% rate on select five-year deposits.
Meanwhile, HDFC Bank and ICICI Bank also showcase appealing rates for extended FCNR(B) deposits.