Mumbai: Dena Bank now offers a higher rate of interest on FCNR (B)/RFC term deposit with effective from August 1. For FCNR (B) deposits of 3 years to less than 4 years, in US Dollar terms, the revised interest rates are 4.21% as compared to 4.01% previous rates effective from August 1, 2014. For FCNR (B) deposits of 4 years to less than 5 years, in US Dollar terms, the revised interest rates are 4.61% as compared to 4.39% previous rates effective from August 1, 2014. For FCNR (B) deposits of 5 years only, in US Dollar terms, the revised interest rates are 4.90% as compared to 4.68% previous rates effective from August1, 2014.

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