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. 05-03-2019 )
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 6.60 6.60
2 Above 1 year to 399 days 6.70 6.70
3 400 days exact 7.00 7.00
4 401 days to 499 days 6.70 6.70
5 500 days exact 7.05 7.05
6 501 days to 2 yrs 6.75 6.75
7 Above 2 to less than 5 yrs 7.15 7.15
8 Exact 5 yrs 6.50 6.50
9 Above 5 to 10 yrs 6.50 6.50
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.
  • 05-03-2019 .
Premature withdrawal of NRE Term Deposits
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