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NT Bureau
Chennai, Mar 3:

        Indian Overseas Bank has revised its FCNR interest rates with effect from 1 March, 2007 for all foreign currency deposits.

        Maturity for 2 to 3 years: 4.80, 5.40, 3.85, 0.73, 3.96 and 6.15 respectively, And for 3 to 3 years, the rates are: 4.73, 5.34, 3.85, 0.86, 3.95 and 6.13 while four to five years maturity period, the rates are: 4.72, 5.29, 3.85, 0.99, 3.96 and 6.15 and five years only, it's 4.74, 5.23, 3.85, 1.11, 3.98 and 6.13 respectively.