Please Note:

^^ Service tax applicable as below

Value of purchase or sale of Foreign Currency New Service Tax Amount (Incld Cess) w.e.f 1-4-2012
Up to Rs 1,00,000 0.1236% of the gross value or Rs 30/- whichever is higher
Above Rs 1,00,001 to Rs 10,00,000 Rs 120 / plus 0.0618% of the gross value
Above Rs 10,00,001 and above Rs 660 / plus 0.01236% of the gross value subject to a maximum of Rs 6000

In addition to the above service tax, 2% Secondary education cess and 1 % Higher secondary education cess would also be applicable.

~ Any purchase / sale of foreign exchange will attract Service Tax on the gross amount of currency exchanged as per Service Tax on Foreign Currency Conversion Charges (FCY) table above

Status Tracker
Foreign Exchange Rates -
  • USD $
  • Euro
  • GBP £
  • AUD $
  • CAD $
  • SGD $

*Indicative Bank sell rate -TeleTransfer

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Interest Rates -

Maturity Period: 3 Years

  • NRE/NRO SB 4% pa
  • NRO TD
  • NRE TD

Maturity Period : 1 year

  • FCNR (USD)
  • FCNR (GBP)
  • FCNR (EUR)
  • FCNR (YEN)

*Interest rates subject to change

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