Bank Interest Rates: Domestic, NRE & Taxes Bank Domestic Interest rates are rising faster than NRE rates
Over the past 4 and a half years, we have seen lot of ups & down in the NRE interest rates ranging from 1.75 to 6.35% which is now (March 2007) is 5.7%. (see table along side) Current trend looks like this.. (March 15, 2007) Domestic 8.25% to 9.75% NRE 5.4% to 5.75% NRE interest pegged to 100 basis points above LIBOR So, when UK Bank rates go up, Indian Bank rates will go up too. (LIBOR = LONDON INTER-BANK OFFER RATE). Senior citizen (60+) 8.5% to 10.05% for more details with various tables and FAQs etc please visit here.. http://joegoauk-pointofview.blogspot.com/ Any problem visiting the blog/site, pl let me know [EMAIL PROTECTED] for Goa & NRI related info... http://in.groups.yahoo.com/group/GOAN-NRI/ Konkani Songs, Goan Photos, Tiatr/Film VCDs, Bank interest rates etc etc (for updates etc click below) http://in.groups.yahoo.com/group/GOAN-NRI/files/ ___________________________________________________________ New Yahoo! Mail is the ultimate force in competitive emailing. Find out more at the Yahoo! Mail Championships. Plus: play games and win prizes. http://uk.rd.yahoo.com/evt=44106/*http://mail.yahoo.net/uk
