Shopin

NRI DEPOSIT RATES

Interest Rates on NRE Deposits

Saving Deposits 3.50% p.a.

Interest Rates on NRE Term Deposits w. e. f. 01.08.2020 including Bulk Deposits

Period of Deposit

Interest Rate(%)

12 months and above upto and inclusive of 18 months

   5.75

Above 18 months and upto & inclusive of 36 months

  6.25
Above 36 months and upto & inclusive of 120 months   6.00

Foreign Currency Non Resident (FCNR) / Resident Foreign Currency(RFC) Term Deposits w.e.f. 01.10.2020 To 31.10.2020

Period of Deposit

USD% GBP%

1 Year and above but less than 2 years

2.23 2.06

2 Year and above but less than 3 years

2.23 2.07

Interest Rates on NRO Term Deposits w.e.f. 01.08.2020

Period of Deposit

Interest Rate(%)

7 days and above upto  & inclusive 90 days

5.00

91 days and above upto  & inclusive 180 days

5.25

181 days and above upto and inclusive of 18 months

5.75

Above 18 months and upto & inclusive of 36 months

6.25
Above 36 months and upto & inclusive of 120 months 6.00