Interest Rates on NRE Deposits
| Saving Deposits |
2.75% p.a. |
Interest Rates on NRE Term Deposits w. e. f. 19.01.2023
|
Period of Deposit
|
Interest Rate(%) p.a. |
|
12 months
|
6.60 |
|
Above 12 months and upto & inclusive of 24 months
|
7.00 |
|
Above 24 months and upto & inclusive of 36 months
|
|
|
7.60 |
| Above 36 months and upto & inclusive of 120 months |
6.25 |
Foreign Currency Non Resident (FCNR) / Resident Foreign Currency(RFC) Term Deposits w.e.f. 01.04.2024 To 30.04.2024
|
Period of Deposit
|
USD% |
|
1 Year and above but less than 2 years
|
7.82 |
|
2 Year and above but less than 3 years
|
7.82 |
Interest Rates on NRO Term Deposits w.e.f. 01.06.2023
|
Period of Deposit
|
Interest Rate(%) |
|
7 days and above upto & inclusive 90 days
|
4.25 |
|
91 days and above upto & inclusive 180 days
|
5.50 |
|
181 days and above upto and inclusive of 12 months
|
6.60 |
|
Above 12 months and upto & inclusive of 24 months
|
7.00 |
| Above 24 months and upto & inclusive of 36 months |
7.60 |
| Above 36 months and upto & inclusive of 120 months |
6.25 |