Best FCNR(B) deposit rates · November 2026
The highest FCNR(B) deposit rates across India's banks, ranked. Available in USD, GBP, EUR, CAD, AUD and more. Public and private sector banks.
Best FCNR(B) rates in USD (1 year)
Ranked across India's banks · Dataset refreshed 14 Nov 2026
| # | Bank | Rate | Applies to |
|---|---|---|---|
| 1 | Abhyudaya Co-operative Bank Ltd.
Co-op  Maharashtra |
6.66% | 1 year and above but less than 2 years |
| 2 | Central Bank of India
Public Nationwide |
5.50% | 1 year to less than 2 years |
| 3 | Indian Bank
Public Nationwide |
5.50% | 1 yr to <2 yrs |
| 4 | City Union Bank
Private Nationwide |
5.25% | 1 year to less than 2 years · Differential rate (prior permission) |
| 5 | Bank of Maharashtra
Public Nationwide |
5.20% | 1 year to less than 2 years |
| 6 | Dhanlaxmi Bank
Private Andhra Pradesh +15 states |
5.20% | 1 year & above but less than 2 years |
| 7 | Punjab & Sind Bank
Public Nationwide |
5.10% | 1 year to less than 2 years |
| 8 | Bassein Catholic Co-operative Bank Ltd.
Co-op Maharashtra |
5.05% | 1 year |
| 9 | Canara Bank
Public Nationwide |
5.05% | 1 year to less than 2 years |
| 10 | Bandhan Bank
Private Nationwide |
5.04% | 1 year only |
| 11 | Indian Overseas Bank
Public Nationwide |
5.00% | 1 year |
| 12 | Punjab National Bank
Public Nationwide |
5.00% | 1 yr |
| 13 | Shamrao Vithal Co-operative Bank Ltd.
Co-op Maharashtra |
5.00% | 1 year to less than 2 years |
| 14 | The Cosmos Co-operative Bank Ltd.
Co-op Maharashtra |
5.00% | 1 yr to less than 2 yrs · Cosmo FCNR(B) / FCNR(B) Royale |
| 15 | Karnataka Bank
Private Nationwide |
4.95% | 1 year only |
| 16 | CSB Bank
Private Nationwide |
4.85% | 12 months to less than 24 months |
| 17 | NKGSB Co-operative Bank Ltd.
Co-op Maharashtra |
4.80% | 1 year to less than 2 years |
| 18 | South Indian Bank
Private Nationwide |
4.80% | 1 year to less than 2 years |
| 19 | Bank of India
Public Nationwide |
4.75% | 1 YR TO LESS THAN 2 YRS |
| 20 | Deutsche Bank India
Foreign Delhi +8 states |
4.75% | 1 year |
| 21 | UCO Bank
Public Nationwide |
4.75% | 1 year to less than 2 years |
| 22 | Doha Bank Q.P.S.C. (India)
Foreign Maharashtra +1 state |
4.60% | 1 year to less than 2 years |
| 23 | IDBI Bank
Private Nationwide |
4.55% | 1 year < 2 years |
| 24 | IDFC First Bank
Private Nationwide |
4.50% | 1 yr to < 15 Mths |
| 25 | Karur Vysya Bank
Private Nationwide |
4.50% | 1 year and above but less than 2 years |
| 26 | Saraswat Co-operative Bank Ltd.
Co-op Maharashtra |
4.50% | 1 year to less than 2 years |
| 27 | State Bank of India
Public Nationwide |
4.50% | 1 year - less than 2 years |
| 28 | Yes Bank
Private Nationwide |
4.50% | 1 yr to < 2 yrs |
| 29 | DCB Bank
Private Nationwide |
4.40% | 1 year and above but less than 2 years |
| 30 | Union Bank of India
Public Nationwide |
4.40% | 1 year to less than 2 years |
| 31 | Bank of Bahrain & Kuwait B.S.C. (India)
Foreign Maharashtra +2 states |
4.25% | 1 year to less than 2 years |
| 32 | RBL Bank
Private Nationwide |
4.10% | 1 year and above but less than 2 years |
| 33 | IndusInd Bank
Private Nationwide |
4.00% | 1 yr < 2 yrs |
| 34 | SBM Bank (India) Ltd.
Foreign Maharashtra |
4.00% | 1 year to less than 2 years |
| 35 | Axis Bank
Private Nationwide |
3.75% | 1 year < 2 years |
| 36 | DBS Bank India
Foreign Andhra Pradesh +18 states |
3.75% | 1 year to less than 2 years |
| 37 | Emirates NBD Bank (P.J.S.C.) (India)
Foreign Maharashtra |
3.75% | 12 months to 13 months |
| 38 | Kotak Mahindra Bank
Private Nationwide |
3.65% | >=1 year - Less than 2 year |
| 39 | HSBC India
Foreign Andhra Pradesh +13 states |
3.25% | 1 year to less than 2 years |
| 40 | HDFC Bank
Private Nationwide |
3.15% | 1 year- less than 2 years |
| 41 | Barclays Bank PLC (India)
Foreign Maharashtra |
1.33% | 12 months to less than 24 months |
| 42 | Standard Chartered India
Foreign Andhra Pradesh +17 states |
1.00% | 1 year < 375 days |
Best FCNR(B) rate by tenure (USD)
Tap a tenure for the full ranking · Use currency filter to compare other currencies
An FCNR(B), Foreign Currency Non-Resident (Bank), deposit lets NRIs hold a term deposit in foreign currency itself (USD, GBP, EUR, CAD, AUD and more) rather than rupees, so there is no exchange-rate risk and the interest is tax-free in India and fully repatriable. RBI permits terms of one to five years. As of 14 Nov 2026, the highest rate we track is 6.66% (USD) at Abhyudaya Co-operative Bank Ltd..
Because the deposit stays in your chosen currency, FCNR(B) suits NRIs who will spend abroad or want to avoid rupee swings; the trade-off is a lower headline rate than rupee NRE deposits. Rates differ by currency and bank; the table below defaults to USD, and all banks are RBI-licensed with DICGC cover up to ₹5 lakh. Use the currency filter to compare others, or see rupee NRE FD rates.
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