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NRE and RFC SB interest Rates

NRE and RFC SB interest Rates

NRE TERM DEPOSITs (w.e.f. 01.04.2019)

PERIOD REVISED INTEREST RATES
Less than Rs. 2 Crore Rs. 2 crore to Rs 5 crore
1 year 6.75 6.50
Above 1 year and Less than 2 year 6.60 6.35
2 year to Less than 3 year 6.50 6.25
3 years and Less than 5 year 6.75 6.50
5 years 6.90 6.65
 Above 5 years 6.50 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  01.04.19 to 30.06.19)

Currency Existing Rate Revised rate w.e.f 01/04/2019
USD 2.26 2.49
GBP 0.72 0.73
EURO 0.00 0.00

( Last modified on Sep 22, 2020 at 05:09:34 PM )

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