NRE and RFC SB interest Rates
NRE and RFC SB interest Rates
NRE TERM DEPOSITs (w.e.f. 07.02.2025)
| PERIOD | REVISED INTEREST RATE (PER ANNUM) | ||
| LESS THAN RS. 3 CRORE | RS. 3 CRORE TO RS. 5 CRORE | ||
| Callable | Non – Callable* | ||
| 1 year | 6.10 | 7.60 | 7.70 |
| Above 1 year and less than 2 year | 7.10 | 7.25 | 7.35 |
| 2 year to less than 3 year | 6.70 | 6.25 | 6.25 |
| 3 year to less than 5 year | 6.25 | 6.00 | 6.00 |
| 5 year | 6.25 | 6.00 | 6.00 |
| Above 5 year | 6.10 | 6.00 | 6.00 |
*only MMD available for NRE Deposit
- For Deposit of above Rs. 5 crore, acceptance of such deposits will be at the approval of the Treasury Branch.
- Senior 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.
RFC SB DEPOSITs
| CURRENCY | EXISTING RATE | REVISED RATE W.E.F
03.01.2025 to 31.03.2025 |
| USD | 4.85 | 4.33 |
| GBP | 4.96 | 4.71 |
| EUR | 3.57 | 3.07 |
( Last modified on Feb 21, 2025 at 07:02:44 PM )
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