CSB Bank Adjusts FCNR(B) Deposit Rates Up to 7.05% for 3-5 Year Terms

CSB Bank has announced an adjustment to its Foreign Currency Non-Resident (Bank) [FCNR(B)] deposit rates for terms ranging from 3 to 5 years.  

Effective from June 10, 2026, the new rates are set between 6.95% and 7.05% per annum. 

Revised FCNR(B) Deposit Rates 

For FCNR(B) deposits in USD, CSB Bank has set the interest rate at 6.95% for maturities between 36 months and less than 48 months.  

For deposits between 48 months and less than 60 months, the rate is 7%, while a 60-month term attracts a rate of 7.05%. 

Annualised Yield Details 

The annualised yield for these deposits varies with the maturity period. For 36 to 48 months, the yield is 7.58%, increasing to 7.92% for 48 to 60 months, and reaching 8.28% for a 60-month term. 

Read More: PNB Adjusts FCNR(B) Rates Up To 6.10%; Targets $2.5 Billion in NRI Deposits! 

Comparison with Shorter Terms 

For shorter terms, the interest rate for 12 to less than 24 months is 4.85%, and for 24 to less than 36 months, it is 4.3%.  

The annualised yield for these terms is 4.85% and 4.44%, respectively. 

CSB Bank Share Price Performance  

As of June 11, 2026, at 3:13 PM, CSB Bank share price on NSE was trading at ₹354.50 down by 2.09% from the previous closing price. 

Conclusion 

CSB Bank's revised FCNR(B) deposit rates for 3 to 5 year terms now range from 6.95% to 7.05%, with annualised yields reaching up to 8.28% for 60-month deposits. Rates for shorter terms remain lower, with a maximum of 4.85% for 12 to less than 24 months. 

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