Non Resident External (NRE) Deposits Interest Rates
NRI Rupee savings Deposit
(w.e.f. 10/10/2017 )
Sr.No.CurrencyType of DepositRevised Rates (% p.a.)
1 INR NRI Rupee Savings Deposit 3.5% (<=25 lakh), 4% (>25 lakh)
Rate of Interest on Non Resident Rupee Term Deposits A/C’s
(w.e.f. 14/05/2018 )
The Current Interest Rates on NRE Rupee Term Deposit A/cs. are given below:
SR.NOPeriod of Deposit/ TenorsRate of Interest (% p.a.)
Less than 1 cr1 cr to less than 5 cr
1 1 year exact 6.70 6.25
2 Above 1 year to 499 days 6.70 6.25
3 500 days exact 6.80 6.25
4 501 days to 2 years 6.75 6.25
5 Above 2 to less than 5 yrs 6.60 5.50
6 Exact 5 yrs 6.50 5.50
7 Above 5 to 10 yrs 6.50 5.50
Note:  For rate of interest on deposits of Rs. 5.00 Crores and above, please contact the nearest branch.
*Acceptance of deposits of over ` 5 Crores is at the discretion of the Bank.
  • Additional interest to Employees / eligible ex-employees and senior citizens as applicable to Domestic Term Deposits is not applicable on NRE deposits.
  • Rates quoted on daily basis over the above card rates on Domestic TDs will be treated as DRI (Differential Rates of Interest) and such deposits will be DRI deposits.
  • The revised rate of interest shall apply to fresh as well as renewals of existing NRE Deposits w.e.f.
  • 14/05/2018 .
Premature withdrawal of NRE Term Deposits
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