Non Resident External (NRE) Deposits Interest Rates
NRI Rupee savings Deposit
(w.e.f. 03/05/2011 )
Sr.No.CurrencyType of DepositRevised Rates (% p.a.)
1 INR NRI Rupee Savings Deposit 4.00
Rate of Interest on Non Resident Rupee Term Deposits A/C’s
(w.e.f. 19/12/2016 )
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 cr5 cr to less than 25 cr25 cr to less than 50 cr50 cr to less than 100 cr> 100 cr & above
1 1 year exact 6.80 6.50 5.75 5.75 5.75 5.75
2 Above 1 year to 2 years 6.50 6.25 5.50 5.50 5.50 5.50
3 Above 2 to less than 5 yrs 6.50 6.00 5.50 5.50 5.50 5.50
4 Exact 5 yrs 6.00 5.75 5.50 5.50 5.50 5.50
5 Above 5 to 10 yrs 6.00 5.75 5.25 5.25 5.25 5.25
*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.
  • 19/12/2016 .
Premature withdrawal of NRE Term Deposits
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