Term Deposit Rates - Non Resident Customers

Disclaimer: The interest rates are fixed at Bank's discretion & are subject to the prevailing Reserve Bank of India guidelines. These interest rates are subject to change without notice.

Please note: Interest on NRE & FCNR Deposits is payable only if premature withdrawal of deposits take place after completion of the minimum period of 1 year. For more details, refer to the FAQs.


NRE Deposits - Interest rates (% p.a) w.e.f. 17th November '17

Maturity Period Interest Rate (% p.a)
1 year 3.50


FCNR Deposits - Interest rates (% p.a) w.e.f. 1st May '17

Currency USD GBP EURO CAD AUD
Maturity Period RATE RATE RATE RATE RATE
12 months and above but less than 24 months 0.01 0.01 0.01 0.01 0.01
24 months and above but less than 36 months 0.01 0.01 0.01 0.01 0.01
36 months and above but less than 48 months 0.01 0.01 0.01 0.01 0.01
48 months and above but less than 60 months 0.01 0.01 0.01 0.01 0.01
60 months 0.01 0.01 0.01 0.01 0.01


RFC Deposits - Interest rates (% p.a) w.e.f. 1st May '17

Maturity Period USD GBP EUR
31 days to less than 6 months 0.01 0.01 0.01
6 months to less than 1 year 0.01 0.01 0.01
1 year to less than 2 years 0.01 0.01 0.01
2 years to less than 3 years 0.01 0.01 0.01
3 years only 0.01 0.01 0.01


NRO Fixed Deposit Rates (% p.a) - with effect from 17th November '17

(For Deposits upto INR 1 crore)
Maturity Period Rate of Interest
7 days upto 14 days 3.50%
15 days upto 30 days 3.50%
31 days upto 60 days 3.50%
61 days upto 90 days 3.50%

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