NRE and RFC SB interest Rates

NRE TERM DEPOSITs (w.e.f. 04.11.2019)

PERIOD	REVISED INTEREST RATES
PERIOD	Less than Rs. 2 Crore	Rs. 2 crore to Rs 5 crore
1 year	6.45	6.40
Above 1 year and Less than 2 year	6.50	6.35
2 year to Less than 3 year	6.50	6.35
3 years and Less than 5 year	6.50	6.25
5 years	6.30	6.25
Above 5 years	6.30	5.50
* For Deposit of above Rs. 5 crore, acceptance of such deposits will be at the approval of the Treasury Branch. * Senoir citizen/ staff / Ex staff / senior citizen Ex staff are not eligible for additional interest. * The revised interest rates on deposits would be applicable for all fresh deposits and for renewal of deposits. * All other terms and conditions on NRE deposits remain unchanged