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  home > Deposit rates > NRE and RFC SB interest Rates

NRE TERM DEPOSITs (w.e.f. 10.02.2017)

PERIOD REVISED INTEREST RATES
Less than Rs. 1 Crore Rs. 1 crore to Rs 5 crore
1 year 6.50 4.75
Above 1 year and Less than 2 year 6.25 4.50
2 year to Less than 3 year 6.25 4.50
3 years and above 6.00 4.50

* For Deposit of above Rs. 5 crore, acceptance of such deposits will be at the approval of the Treasury Branch.
* Senoir citizen/ staff / Ex staff / senior citizen Ex staff are not eligible for additional interest.
* The revised interest rates on deposits would be applicable for all fresh deposits and for renewal of deposits.
* All other terms and conditions on NRE deposits remain unchanged

 

RFC SB DEPOSITs (w.e.f 01/10/2017 to 31/03/2018)

Currency Existing Rate Revised rate w.e.f 01/10/2017
USD 0.98 1.24
GBP 0.26 0.25
EURO NIL NIL

 




 
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Last updated: 13/04/2017

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