NRE Interest Rates

General feature of all NRE (Non-Resident Emigrant) Deposits :

  • For NRE (Non-Resident Emigrant) Deposits, normal service charges and TDS (Tax Deducted at Source) are not applicable.
  • Nomination is require_onced for all accounts.
  • Interest Rates for NRE Term Deposits

    Period Revised RoI w.e.f 16.01.2017
    Below Rs. 15 Lakh Rs. 15 Lakh to below Rs.50 Lakh Rs. 50 Lakh to below Rs.1 Crore
    1 Year upto 10 Years 7.10 7.05 7.00

    SBNRE:

    Interest rate for NRE SB Accounts 4.00%

    * Note : Interest rates are subject to change from time to time without prior notice. For full details, please contact Branch Manager.

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