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Deposits
Services - Deposits
We Offer the following Deposit Schemes:
- Savings Bank Deposit Accounts in USD and SGD currencies.
- Current Deposit Accounts in all major currencies.
- Fixed Deposit Accounts at attractive interest rates in all major currencies with automatic rollover on maturity.
- Singapore Dollar deposits of individuals and non-bank depositors such as sole proprietorships, partnerships, companies and other unincorporated entities like associations and societies are covered up to S$ 100,000 in aggregate per depositor under the Singapore Deposit Insurance Act. For more information click here
- The list of insured deposits are as under:-
Star Fixed Deposit Accounts
Star Saving Accounts
Star Current Accounts - We welcome enquires, please email us at deposits.sg(a)bankofindia.co.in
Kindly be informed that @ has been replaced with (a) in the E-mail IDs for security reasons. You may directly click the link while sending an email.
However, in case you are typing the E-mail ID instead of directly using the link, kindly note to replace (a) with @. Thank you.
Deposits
Please click on the respective links as under to download the account opening forms / Deposits Service Charges:
Foreign Exchange Rate
The rates updated as on 30/07/2025.
Foreign Exchange Rates In SINGAPORE Dollars
| CURRENCY | UNIT | BANK BUYS | BANK SELLS |
|---|---|---|---|
| INR - Indian Rupees | 100 | 1.4619 | 1.5000 |
| USD - US Dollar | 1 | 1.2735 | 1.2992 |
| GBP - Sterling Pound | 1 | 1.7022 | 1.7366 |
| AUD - Aust Dollar | 1 | 0.8270 | 0.8521 |
| EUR - Euro | 1 | 1.4734 | 1.5031 |
| LKR - Sri Lankan | 100 | 0.4173 | 0.4343 |
| HKD - Hong Kong Dollar | 100 | 16.1411 | 16.6327 |
| JPY - Japanese Yen | 100 | 0.8605 | 0.8779 |
| CHF - Swiss Franc | 1 | 1.5757 | 1.6237 |
| NZD - New Zealand | 1 | 0.7562 | 0.7792 |
Foreign Exchange Rates In US Dollars
| CURRENCY | UNIT | BANK BUYS | BANK SELLS |
|---|---|---|---|
| USD/INR | 1 | 85.4980 | 88.1020 |
