Home You are here : path  We Care path Knowledge path Interest On NRO

image Interest Rates for NROs


The revised rates for different maturities for NRO Rupee Term Deposits, which will be effective from 19.01.2024 are as given below:-

Period

Rates in % per annum

< Rs. 2 Cr

7-14 Days

3.50

15-30 Days

3.50

31-45 Days

3.50

46-90 Days

4.50

91-120 Days

4.80

121-180 Days

4.90

181 Days to < 1 year

5.75

1 year

6.75

>1 year to 398 Days

6.75

399 Days

7.25

400 Days to 2 year

6.50

> 2 year to less than 3 Years

6.50

3 years

6.50

> 3 Year to 5 years

6.50

>5 Years to 10 Years

6.50

 

  • 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.