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|
|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.