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India 24th November, 2007

Allahabad Bank revises FCNR rates

Allahabad Bank has revised the interest rates offered on its FCNR accounts. The new rates will be effective from 1st November 2007.

FCNR (B) Interest Rates

Currency (01/11/2007)

Time Period

USD

GBP

EURO

CAD

AUD

1-2 years

3.89%

5.40%

3.86%

4.01%

6.74%

2-3 years

3.71%

5.02%

3.78%

3.79%

6.57%

3-4 years

3.78%

4.96%

3.75%

3.86%

6.57%

4-5 years

3.88%

4.90%

3.74%

3.90%

6.58%

5 years

3.97%

4.85%

3.75%

3.92%

6.51%

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