Various rates related to Citibank NRI Banking are listed below:
- Indicative foreign exchange rates for today
- Current interest rates for Citibank Rupee Checking Account
- Current interest rates for NRI Term Deposits: Please click here.
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Note: Citi India has transferred ownership of its consumer business to Axis Bank, with effect from 01-Mar-2023. While existing customers can continue to avail new products / services, we are no longer sourcing new customer applications for Citi branded products.
Foreign Currency to Indian Rupee
The foreign exchange rates mentioned below are indicative only. The rate applied to your transfer will be the applicable rate on the date and time your transaction is executed and may be different from those displayed below.
For exchange rates, click here.
The indicative foreign exchange rates mentioned above are as of December 07, 2023 11:00 AM IST and indicative only. The rate applied to your transfer will be the applicable rate on the date your transaction is executed and may be different from those displayed above.
For Automated Clearing House Transfers (from the US), foreign exchange rates are displayed prior to the transaction and may be different from the rates provided above.
For more information on the various remittance options, please click here.
NRO & NRE Savings Rate
Effective 1st March, 2023, the interest on your NRO and NRE Account has been revised as per the following interest rate structure.
|Balance Slabs||Applicable Rate of Interest w.e.f. 1st March 2023|
|Less than Rs. 50 Lacs||3.00% p.a.|
|Rs. 50 Lacs and up to less than Rs. 800 Crs||3.50% p.a.|
|Rs. 800 crs and above||Overnight MIBOR + 0.70%|
The interest is calculated basis incremental balance slabs upto Rs. 800 Crs. For balance slabs of Rs. 800 Crs and above, flat interest pay out on the entire amount.