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NRE Term
Deposit Rates

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Rate of interest on NRE /NRO and FCNR Deposits

Revised Interest Rates W.e.f. 20.10.2025.

Period NRE / NRO
MIP / FDR / RD /QIRP
12 months – 15 months 6.40%
16 months – 24 months 6.80%
25 months – 36 months 6.65%
Above 3 years – upto 5 years 6.60%
Above 5 years – upto 7 years 6.40%
Above 7 years – upto 10 years 6.40%

FCNR Deposit rates applicable for 01.11.2025 to 30.11.2025 are as follows

Above 1 year to less than 2 years Above 2 years to less than 3 years Above 3 years to less than 5 years
USD 5.80% 5.00% 4.50%
GBP 4.50% - -
EUR 2.50% - -

Minimum amount accepted for FCNR deposit are as follows:

USD : USD 1000

GBP : GBP 1000

All the above deposits are accepted in multiple of foreign currency of 500.

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