NRE and RFC SB interest Rates
NRE TERM DEPOSITs (w.e.f. 04.03.2023)
|PERIOD||REVISED INTEREST RATE (PER ANNUM)|
|LESS THAN RS. 2 CRORE||RS. 2 CRORE TO RS. 5 CRORE|
|Callable||Non – Callable|
|Above 1 year and less than 2 year||6.30||6.65||6.65|
|2 year to less than 3 year||6.70||6.10||6.10|
|3 year to less than 5 year||6.25||6.00||6.00|
|Above 5 year||6.10||6.00||6.00|
- 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 01.10.2023 to 31.12.2023|
( Last modified on Sep 30, 2023 at 06:09:32 PM )