Interest Rates on NRE Deposits
Saving Deposits |
2.75% p.a. |
Interest Rates on NRE Term Deposits w. e. f. 01.07.2021 including Bulk Deposits
Period of Deposit
|
Interest Rate(%) |
12 months and above upto and inclusive of 18 months
|
5.00 |
Above 18 months and upto & inclusive of 36 months
|
5.50 |
Above 36 months and upto & inclusive of 60 months |
5.85 |
Above 60 months and upto & inclusive of 120 months |
|
|
6.10 |
Foreign Currency Non Resident (FCNR) / Resident Foreign Currency(RFC) Term Deposits w.e.f. 01.05.2022 To 31.05.2022
Period of Deposit
|
USD% |
GBP% |
1 Year and above but less than 2 years
|
2.78 |
3.19 |
2 Year and above but less than 3 years
|
2.78 |
3.19 |
Interest Rates on NRO Term Deposits w.e.f. 01.07.2021
Period of Deposit
|
Interest Rate(%) |
7 days and above upto & inclusive 90 days
|
4.25 |
91 days and above upto & inclusive 180 days
|
4.50 |
181 days and above upto and inclusive of 18 months
|
5.00 |
Above 18 months and upto & inclusive of 36 months
|
5.50 |
Above 36 months and upto & inclusive of 60 months |
5.85 |
Above 60 months and upto & inclusive of 120 months |
6.10 |