OREANDA-NEWS. August 8, 2012. Central Bank of India has revised interest rates on fcnr-b deposits w.e.f. 01.08.2012. as under the bank now offers interest of 3.05 % for usd deposit of 1 year to less than 2 years, 3.79 % for usd deposit of 5 years, 4.06 % for gbp deposit of 5 years, 4.05 % for euro deposit of 5 years, 4.64 % for canadian dollar deposit of 5 years & 6.55 % for australian dollar deposit of 1 year as well as for 5 years.

On NRE deposits for single deposit upto below rs. 1 crore the bank offers 9.10 % (tax free) interest for a period of 555 days & 9.00 % (tax free) interest for a period of one year. all branches of the bank accept nre deposits.