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The revised rates for different maturities for NRE Term Deposits, which will be effective from 05th July 2024 are given below:-
Period
Interest Rate (Rates in % per annum)
<Rs. 3 Cr
1 year
6.80
>1 year to 398 Days
399 Days
7.25
400 Days to 2 year
6.60
> 2 year to 996 days
997 days
6.40
> 998 days to less than 3 Years (except for 999 days @ 6.40)
3 years
6.70
> 3 Year to 5 years
6.50
>5 Years to 10 Years