Hello sir, I am Arijit. I want you to help me by giving me some information about the interest rates for the Non-Resident (External) Rupee Account (NRE) Fixed deposit rates. Can you give me some details about it?

As you have asked about the interest rates for the Non-Resident (External) Rupee Account (NRE) Fixed deposit rates, I am giving you information about it, check below for the details

NRE FDR
Particulars Non-Resident (External) Rupee Account ( NRE)
Currency Indian Rupees
Type of Accounts Term Deposit
Tenure (For Term Deposits) Minimum 1 year to Maximum 10 years (at the discretion of the Bank )

Interest Rates Effective from 23/03/2016 (Percentage per Annum)

Period < Rs. 1 Cr

7 day – 14 day 4.00
15 day – 30 day 4.75
31 day – 45 day 5.25
46 day – 90 day 6.50
91 day- 120 day 6.75
121 day to - 179 days 6.75
180 days 7.00
181 day to <1 Year 7.50
1 year 7.65
>1 Year - 3 Year 7.55
>3 year - 5 Year 7.50
>5 year - 10 Year 7.25