National Toll Free No1800 425 00 000
 
National Toll Free No1800 425 00 000

NRE and RFC SB interest Rates

NRE and RFC SB interest Rates

NRE TERM DEPOSITs (w.e.f. 06.08.2018)

PERIOD REVISED INTEREST RATES
Less than Rs. 1 Crore Rs. 1 crore to Rs 5 crore
1 year 6.75 6.50
Above 1 year and Less than 2 year 6.60 6.00
2 year to Less than 3 year 6.50 5.50
3 years and above 6.00 5.00
* 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 01/10/2018 TO 31/03/2019)

Currency Existing Rate Revised rate w.e.f 01/10/2018
USD 1.89 2.26
GBP 0.51 0.72
EURO NIL NIL

( Last modified on Oct 01, 2018 at 06:10:08 PM )