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image Interest Rates for NROs


The revised rates for different maturities for NRE Term Deposits, which will be effective from 15th June 2024 are given below:-

Period

Rates in % per annum

< Rs. 3 Cr

7-14 Days

3.50

15-30 Days

3.50

31-45 Days

3.50

46-90 Days

4.50

91-120 Days

4.80

121-180 Days

4.90

181 Days to < 1 year

6.25

1 year

6.75

>1 year to 398 Days

6.75

399 Days

7.25

400 Days to 2 year

6.50

> 2 year to 996 days

6.50

997 days

6.40

>998 days to less than 3 Years (except for 999 days @ 6.40)

6.50

3 years

6.50

> 3 Year to 5 years

6.50

>5 Years to 10 Years

6.50

 

  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day irrespective of the tenor of deposit will be taken for deciding applicable interest.
  • For interest rates for deposits of Rs. 2 Crores and above, please contact our nearest Branch.