NRE and RFC SB interest Rates
NRE TERM DEPOSITs (w.e.f. 04.11.2019)
|PERIOD||REVISED INTEREST RATES|
|Less than Rs. 2 Crore||Rs. 2 crore to Rs 5 crore|
|Above 1 year and Less than 2 year||6.50||6.35|
|2 year to Less than 3 year||6.50||6.35|
|3 years and Less than 5 year||6.50||6.25|
|Above 5 years||6.30||5.50|
|* 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 01.07.19 to 30.09.19)
|Currency||Existing Rate||Revised rate (01.10.19 to 31.12.19)|
( Last modified on Nov 02, 2019 at 07:11:05 PM )