Interest Rates For NROs

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Interest On NRO

The revised rates for different maturities for NRE Term Deposits, which will be effective from 02nd Aug 2024 are given below:-

Period	Rates in % per annum
Period	< Rs. 3 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	5.00
181 Days to < 332 days	6.35
333 days	7.40
334 days to < 1 year	6.35
1 year	6.80
>1 year to 398 Days	6.80
399 Days	7.25
400 Days to 2 year	6.60
> 2 year to 996 days	6.60
997 days	6.40
>998 days to less than 3 Years (except for 999 days @ 6.40)	6.60
3 years	6.70
> 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.

Interest Rates for NROs