City Union Bank FCNR Rates
Below are the current City Union Bank FCNR Rates for NRI accounts providing FCNR deposits:
| PERIOD |
USD |
GBP |
EUR |
YEN |
CAD |
AUD |
SGD |
| 1 Year and above but less than 2 Years |
5.10% |
4.10% |
2.50% |
0.20% |
3.00% |
4.00% |
2.00% |
| 2 Years and above but less than 3 Years |
4.00% |
4.00% |
2.00% |
0.20% |
2.75% |
3.95% |
0.00% |
| 3 Years and above but less than 4 Years |
7.10% |
3.00% |
1.50% |
0.20% |
2.50% |
3.85% |
0.00% |
| 4 Years and above but less than 5 Years |
7.10% |
3.00% |
1.40% |
0.20% |
2.50% |
3.75% |
0.00% |
*City Union Bank FCNR Rates are effective from June 10, 2026*. These deposits have a 1-year minimum lock-in period, with no prior premature closures. If you close the deposit early after the first year but before maturity, a 1% interest penalty plus any applicable swap costs will be deducted for the period the funds were held.
Features of City Union Bank FCNR Account
Here are the important features of the City Union Bank FCNR Account:
-
Attractive Interest Rates:
City Union Bank offers attractive FCNR rates up to 7.10% on its CUB FCNR accounts.
-
Repatriability:
Both the principal amount and the interest earned are fully and freely repatriable to your country of residence.
-
Tax Exemption at FCNR Account:
City Union Bank FCNR Rates are exempt from income tax in India. Generally, FCNR rates offered by any bank are tax-free in India.
-
Joint Account Facility:
Deposits at the FCNR account can be held jointly with a Non-Resident or an Indian Resident on either the Survivor/Former Survivor basis.
Note:You may also know about City Union Bank FD rates
Conclusion
City Union Bank FCNR rates and multiple currency options offer a smart, stable, and convenient savings option for global investors, with competitive rates up to 7.10%. City Union Bank FCNR accounts are the safest way to invest foreign earnings, offering assured tax-free interest, flexible tenures, and full repatriation of funds.
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