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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 25th November 2022 are as given below:-

Period

Interest Rate (Rates in % per annum)

<Rs. 2 Cr

1 Year

6.30

>1 Year to 443 days

6.30*

444 days

445 days to 598 days

599 Days

7.00

600 Days to 699 days

6.30*

700 days

7.25*

701 days to 2 years

6.30*

>2 years to 799 days

6.30*

800 days

7.30*

801 days to less than 3 years

6.30*

3 years

7.30*

>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.