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