General > Interest Rates For NRE
Interest Rates For NRE
The revised rates for different maturities for NRE Term Deposits, which will be effective from 4th August 2026 are given below:
| Period/Tenor | Callable Deposits | Non – Callable Deposits |
|---|---|---|
|
Revised Interest Rate |
Interest Rate |
|
|
< Rs. 3 Cr |
>1 Cr to <3 Cr |
|
|
1 Yr to 399 days |
6.20 |
NO Slab |
|
400 Days |
6.25 |
6.75 |
|
401 to 443 days |
6.25 |
NO Slab |
|
444 day |
6.50 |
6.80 |
|
445 Days to 554 Days |
6.15 |
NO Slab |
|
555 Days |
6.55 |
6.65 |
|
556 Days to 996 days |
6.15 |
NO Slab |
|
997 days |
6.10 |
|
|
998 days to 3 Yrs |
6.10 |
|
|
> 3 Yrs to 10 Yrs |
6.00 |
NO Slab |
- Interest rates are subject to change. Hence depositor should ascertain the rates as on the date of placement from the website.
- Aggregate value of deposits placed by a depositor on the day irrespective of the tenor of deposit will be taken for deciding applicable interest.
- In case of premature closure/withdrawal of NRE term deposits which have run for a period of 1 year and above, interest will be paid at the rate applicable for the run period with a penalty of 1%.
- No interest will be paid if the deposit is closed/withdrawn before completion of 1 year from deposit effective date.
- Please visit “Interest Rates – Deposits” section for rates on deposits of Rs. 3 crore and above.