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NRE or Non-Resident External Rupee Account is maintained by non-resident Indian (NRI) in Indian Rupees.

This account is meant for foreign exchange earned outside India and transferred to India. Interest earned is tax-free. They are freely repatriable (money can be transferred without any restriction)

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Note : You are requested to reconfirm the rates from the respective institutions before making any financial commitments.

Search NRE Fixed Deposits

Group

Interest

Period

Mininum Inv.

Showing only the BEST Fixed Deposit Rates by each bank for the selected parameters. To view all rates, click here
INSTITUTION GROUP INTEREST % p.a period INVESTMENT (Rs)  
Abhyudaya Co-operative Bank Cooperative Banks 9.50 12 month and above less than 15 months Less than Rs. 1 cr Calculate
The Ratnakar Bank Indian Private Sector Banks 9.50 12 month to less than 24 month Less than lakh to Rs. 1 cr Calculate
Shamrao Vithal Co-operative Bank Cooperative Banks 9.50 500 days (simple interest) Less than Rs. 15 lakh Calculate
Development Credit Bank Indian Private Sector Banks 9.40 13 months to less than 24 months Less than Rs. 1 cr Calculate
Lakshmi Vilas Bank Indian Private Sector Banks 9.30 1 year Up to Rs. 1 cr Calculate
IDBI Bank Public Sector / Nationalized Banks 9.30 500 days less than Rs. 1cr Calculate
Punjab & Maharashtra Co-operative Bank Cooperative Banks 9.25 12 months Less than Rs. 25 lakh Calculate
Tamilnad Mercantile Bank Indian Private Sector Banks 9.25 1 year Less than Rs. 1 cr Calculate
South Indian Bank Indian Private Sector Banks 9.25 SIB Freedom (15 Months) Less than Rs. 1 cr Calculate
Bank of Maharashtra Public Sector / Nationalized Banks 9.16 Maha Labh (666 Days) Less than Rs. 1 cr Calculate
State Bank of Patiala Public Sector / Nationalized Banks 9.15 1 year to 554 days Less than Rs. 1cr Calculate
Dhanalakshmi Bank Indian Private Sector Banks 9.15 375 days Less than Rs. 1 cr Calculate
Federal Bank Indian Private Sector Banks 9.10 15 months Less than Rs. 1 cr Calculate
Kotak Bank Indian Private Sector Banks 9.10 390 Days Less than Rs. 1 cr Calculate
Yes Bank Indian Private Sector Banks 9.10 18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr Calculate
Canara Bank Public Sector / Nationalized Banks 9.05 1 year and above to less than 2 years Less than Rs. 1cr Calculate
Syndicate Bank Public Sector / Nationalized Banks 9.05 1 year exact Less than Rs. 1cr Calculate
Bank of India Public Sector / Nationalized Banks 9.05 above 14 months to 15 months Less than Rs. 1 cr Calculate
Vijaya Bank Public Sector / Nationalized Banks 9.05 1Year Less than Rs. 1 cr Calculate
Allahabad Bank Public Sector / Nationalized Banks 9.05 1 year to less than 2 years Less than Rs. 1 cr Calculate
Indian Overseas Bank Public Sector / Nationalized Banks 9.00 1 year to less than 2 years Upto Rs. 1 cr Calculate
State Bank of Hyderabad Public Sector / Nationalized Banks 9.00 1 year to less than 2 years Less than Rs. 1 cr Calculate
Saraswat Co-operative Bank Cooperative Banks 9.00 Above 1 year up to 15 months Less than Rs. 1 cr Calculate
Punjab National Bank Public Sector / Nationalized Banks 9.00 1 year Less than Rs. 1 cr Calculate
Axis Bank Indian Private Sector Banks 9.00 13 months to less than 14 months Less than Rs. 15 lakh Calculate
Dena Bank Public Sector / Nationalized Banks 9.00 1 year Less than Rs. 1cr Calculate
State Bank of Bikaner and Jaipur Public Sector / Nationalized Banks 9.00 1 year and above to less than 2 years Less than Rs. 1 cr Calculate
State Bank of India (SBI) Public Sector / Nationalized Banks 9.00 1 year to less than 2 years Less than Rs. 1 cr Calculate
Oriental Bank of Commerce Public Sector / Nationalized Banks 9.00 1 year to less than 2 years Less than Rs. 1 cr Calculate
Karur Vysya Bank Indian Private Sector Banks 9.00 1 Year Less than Rs. 1 cr Calculate
Union Bank of India Public Sector / Nationalized Banks 9.00 1 year Less than Rs. 1 cr Calculate
Standard Chartered Bank Foreign Banks 8.75 1 year to 375 days Less than Rs. 1 cr Calculate
Corporation Bank Public Sector / Nationalized Banks 8.75 above 12 months to less than 2 years Less than Rs. 1 cr Calculate
State Bank of Travancore Public Sector / Nationalized Banks 8.75 1 year to less than 2 years Less than Rs. 1cr Calculate
Central Bank of India Public Sector / Nationalized Banks 8.75 1 year to less than 2 years Less than Rs. 1cr Calculate
Abu Dhabi Commercial Bank Foreign Banks 8.50 1 years and above to 2 years Upto Rs. 15 lakh Calculate
HSBC Foreign Banks 8.25 12 months Less than Rs. 1cr Calculate
Royal Bank of Scotland Foreign Banks 8.00 1 year to less than 2 years Less than Rs. 1 cr Calculate
ICICI Bank Indian Private Sector Banks 8.00 1 year to 389 days Less than Rs. 1 cr Calculate
Bombay Mercantile Co-operative Bank Cooperative Banks 8.00 1 year Less than Rs. 1cr Calculate
Citi Bank Foreign Banks 7.00 365 days to 400 days Less than Rs. 1 cr Calculate
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