NRO Fixed Deposit
Apply for NRO Fixed Deposits. Earn competitive interest rates for the funds you accrue in India.
NRO Fixed Deposit
Apply for NRO Fixed Deposits. Earn competitive interest rates for the funds you accrue in India.
Features
NRO FD will get you an interest of 8.25% p.a. for 888 days!
Open joint accounts with NRI or PIO
Our NRO FD Interest Rates
(Amount less than Rs. 3 Crores) Effective from: 2nd December2024
Tenure
NRO FD Interest Rates
7 - 14 days
3.50%
15 - 29 days
3.50%
30 - 45 days
4.00%
46 - 62 days
4.50%
63 - 90 days
4.50%
91 - 120 days
5.25%
121 - 180 days
5.25%
181 - 210 days
6.75%
211 - 270 days
6.75%
271 - 364 days
7.00%
1 Year to 443 days
8.10%
444 days
8.15%
445 days to 18 months
8.10%
18 months 1 day to 2 years
7.75%
2 years 1 day to 887 days
8.00%
888 days
8.25%
889 days to 3 years
8.00%
3 Years 1 day to 4 Years
7.50%
4 Years 1 day to 5 Years
7.25%
5 Years 1 day to 10 Years
7.25%
Minimum period of the NRE Fixed Deposits is 1 year. No Interest would be paid if the deposit is pre-closed before the completion of the first 12 months.
There would be No Pre-closure Penalty for NRE Fixed Deposits and a Pre-closure penalty of 1% apply on the NRO Fixed Deposits when Pre-closed before the completion
No Senior Citizen Special Rates available for NRE and NRO FDs
31.2% TDS applicable (Inclusive of surcharge 4%) on the NRO interest accrued.
The above rates apply to Retail Term Deposits of Value below Rs.3 Crores. For Fixed Deposit of Value Rs.3 Crores and above, Bulk Deposit Rates apply. Please contact the nearest Equitas Small Finance Bank branch for the Bulk Deposit Rate.
For monthly payout Fixed Deposits, the interest rate will be discounted on the quarterly compounding rate.
Interest rates are subject to change and please refer for updated rates in the Bank’s Website.
To know more, give a missed call at +91 9971932222
Open NRO FD
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