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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
399 days
7.00
400 Days to 2 years
>2 years to less than 3 years
3 years
6.50
>3 Years to 5 Years
6.70
>5 Years to 10 Years