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image Interest Rates for NRIs


The revised rates for different maturities for NRE Rupee Term Deposits, which will be effective from 23.05.2023 are as given below:-

Period

Interest Rate (Rates in % per annum)

<Rs. 2 Cr

1 Year

6.30

>1 Year to 398 days

6.30

399 days

7.00

400 Days to 2 years

6.30

>2 years to less than 3 years

6.30

3 years

6.50

>3 Years to 5 Years

6.70

>5 Years to 10 Years

6.70

  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day irrespective of the tenor of deposit will be taken for deciding applicable interest.
  • For interest rates for deposits of Rs. 2 Crores and above, please contact our nearest Branch.