NRE Deposits

DurationFor Amount less than Rs.3.00 Crore
(% per annum w.e.f. 15.12.2025)
365 Days/ 1 year6.20
Above 1 year to 2 years6.15
Above 2 years to 3 years5.25
Above 3 Years to 5 Years5.00
Above 5 years5.00
Special Schemes
400 days6.50
500 days6.55

  • No interest is payable if the deposit is prematurely closed before the minimum period of one year.
  • Premature payment of NRE Term Deposits after one year, attracts penalty of 1% on the applicable rate of interest
  • No additional interest to senior citizens is allowed.
  • The interest rate for NRE Savings Deposits is upto 2.75 %
  • All rates are subject to change from time to time