Nre Fixed Deposit Rates

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Bank NRE FD Interest Rates (as on 25 Feb 2021). The NRE interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category for example 1 year, 2 year, 3 year. 5+ year, you fall under and your choice between different banks.

  • Term Deposits
Nre Fixed Deposit Rates

HSBC India's NRE Term Deposit is a fixed term deposit held in Indian Rupees. You can place an NRE Term Deposit with your foreign currency earnings. The deposit is maintained in Indian Rupees. Therefore the money you deposit in foreign currency is converted into Indian Rupees, as per the prevailing foreign exchange rate 1. Benefits of NRE Fixed Deposit Account. Flexibility: Fund your account with any convertible currency. Low deposit amount: ₹ 25,000. Hassle-free renewal: Automatic renewal of your principal and interest on maturity. Favourable exchange: Competitive exchange rates on conversion of your foreign currency into rupees. Easy movement: Principal. Enjoy Attractive Interest Rates on your NRI Rupee & Foreign Currency Fixed/Term Deposit. Open NRE, NRO & FCNR Fixed Deposit Accounts with Citibank's NRI Online Banking.

Bank

Whether you are saving for the short term or the long term, you can earn higher rates of interest with Term Deposits from Citibank. With options to earn simple or compounding interest and multiple tenures to choose from, Term Deposits are a great way to save for your future needs.

Nre Fixed Deposit Rates Sbi

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Why Citi?Non-Resident External Deposit (NRE)Non-Resident Ordinary Deposit (NRO)Foreign Currency Non-Resident (FCNR)

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Check RatesOpen NRO Deposit

Check RatesOpen FCNR Deposit

Funds Transfer
  • From outside India.

  • From within India
    • Only from an FCNR/NRE account.
    • Current Income subject to submission of requisite documentation.
  • From outside India.

  • From within India
    • From FCNR/ NRE or NRO account.
    • From Indian income sources.
  • From within India(Only from NRE/FCNR account)

  • From outside India
Interest OptionOption to choose between Simple Interest and compound interest. Simple interest is accrued monthly and paid quarterly to Rupee Checking Account. Compound Interest is accrued every 90 days and paid at maturity. Calculated on daily balances and paid quarterlyOption to choose between Simple Interest and compound interest. Simple interest is accrued monthly and paid quarterly to Rupee Checking Account. Compound Interest is accrued every 90 days and paid at maturity. Calculated on daily balances and paid quarterlyInterest is compounded every 180 days and paid upon maturity
Automatic RolloverAutomatic Roll over option available for convenienceAutomatic Roll over option available for convenienceAutomatic Roll over option available for convenience
TenureMinimum 365 days (1 year)
Maximum 1825 days (5 years)
Minimum 7 days
Maximum 1825 days (5 years)
Minimum 365 days (1 year)
Maximum 1825 days (5 years)
Minimum Deposit AmountINR 80,000INR 80,000USD 2000 or equivalent
Who can open an accountNRIs and PIOs NRIs and PIOs NRIs and PIOs
Who can be a joint holderMay be held jointly in the names of two or more NRIs/ PIOs or with a resident relative on 'former or survivor' basis as Power of Attorney holder.May be held jointly in the names of two or more NRIs/ PIOs or with a resident relative on 'former or survivor' basis as Power of Attorney holder.May be held jointly in the names of two or more NRIs/ PIOs or with a resident relative on 'former or survivor' basis as Power of Attorney holder.
CurrencyIndian Rupees(INR)Indian Rupees(INR)US Dollar, British Pound, Euro, Japanese Yen, Australian Dollar, Canadian Dollar
Taxation
  • Interest earned is exempt from income tax in India.

  • However, interest earned may be subject to tax in your country of residence. Please speak with your tax consultant for additional information.
  • Interest earned is subject to TDS in India.

  • Interest earned may be subject to tax in your country of residence. Please speak with your tax consultant for additional information.
  • Interest earned is exempt from income tax in India.

  • However, interest earned may be subject to tax in your country of residence. Please speak with your tax consultant for additional information.
RepatriationPrincipal and interest are fully repatriableRBI allows repatriation only for current income up to USD 1 (one) million per financial year (April-March), for any bonafide purpose after payment of applicable taxes.Principal and interest are fully repatriable

Nri Fd Interest Rate

Nre fixed deposit rates in india

Please Note:

Nre Fixed Deposit Rates In India

  • If you wish to open a new Citibank Term Deposit, you will also be required to open a Citibank NRI Savings Account. This is required to facilitate interest payout, mandate holders, and funding of the account.
  • In case of pre-termination, the interest earned on a Term Deposit is calculated differently. Click here for an illustration
  • Disclaimers: Citibank India does not market any product or service to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man. This webpage is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, and The Isle of Man.

Nre Fixed Deposit Rates Federal Bank

Bank NameFixed Interest RatesFD RatesCalculate
Allahabad Bank6.50% to 6.75%
Andhra Bank5.45% to 5.40%
Bank Of Baroda5.30% to 5.10%
Bank Of India5.25% to 5.35%
Bank Of Maharashtra5.00% to 5.00%
Canara Bank5.30% to 5.40%
Central Bank Of India5.10% to 5.00%
Corporation Bank5.45% to 5.40%
Dena Bank5.30% to 5.10%
Idbi Bank4.80% to 5.20%
Indian Bank5.15% to 5.25%
Indian Overseas Bank5.35% to 5.30%
Oriental Bank Of Commerce5.30% to 5.25%
Punjab National Bank5.30% to 5.25%
Punjab And Sind Bank5.55% to 5.55%
State Bank Of India5.30% to 5.10%
State Bank Of Mysore5.30% to 5.10%
State Bank Of Hyderabad5.30% to 5.10%
State Bank Of Patiala5.30% to 5.10%
State Bank Of Travancore5.30% to 5.10%
State Bank Of Bikaner And Jaipur5.30% to 5.10%
Syndicate Bank5.30% to 5.50%
Uco Bank4.95% to 5.00%
Union Bank Of India5.45% to 5.40%
United Bank Of India6.00% to 6.50%
Vijaya Bank5.30% to 5.10%
Axis Bank5.50% to 5.20%
Bandhan Bank Limited5.75% to 5.75%
Catholic Syrian Bank Limited5.75% to 5.25%
City Union Bank Limited5.25% to 5.50%
Dcb Bank Limited6.95% to 6.50%
Dhanalakshmi Bank5.60% to 5.25%
Federal Bank5.60% to 5.45%
Hdfc Bank5.50% to 5.10%
Icici Bank Limited5.50% to 5.00%
Indusind Bank6.65% to 7.00%
Jammu And Kashmir Bank Limited5.30% to 5.10%
Karnataka Bank Limited5.70% to 5.50%
Karur Vysya Bank5.65% to 5.50%
Kotak Mahindra Bank Limited4.50% to 4.75%
Laxmi Vilas Bank6.00% to 6.00%
Rbl Bank Limited6.65% to 7.00%
South Indian Bank5.60% to 5.50%
Tamilnad Mercantile Bank Limited5.75% to 5.90%
Yes Bank6.75% to 6.75%