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NRE Recurring Deposit

Apply for NRE Recurring Deposit online. Enjoy competitive interest rates with easy deposits that suit your requirement.

Features

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Earn an interest of 7.90%* p.a. for 12 months

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Your monthly instalments** can start right from Rs. 1,000

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Our NRE RD Interest Rates

w.e.f. 7th April, 2025

Tenure

Interest rates for amount less than Rs. 3 Crs

12 Months

7.90%

15 Months

7.90%

18 Months

7.90%

21 Months

7.75%

24 Months

7.75%

30 Months

7.75%

36 Months

7.75%

48 Months

7.50%

60 Months

7.25%

90 Months

7.25%

120 Months

7.25%

TDS will be deducted as applicable

Please check all terms and conditions applicable on FD/RD for premature withdrawal

0.50% extra for Senior Citizen (not applicable for NRE/NRO)

The interest rates for Recurring Deposits will be as per the corresponding Fixed Deposit rates, with interest compounded quarterly.

In case of premature withdrawal, interest will be paid at the rate applicable to the amount and period for which the deposit remained with the bank and not at the contracted rate.

No interest will be paid for premature withdrawal within one month of booking.

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Open NRE RD

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Always use the customer care numbers displayed on Bank's official website.

DO NOT use any other numbers since this may put you at risk of fraud.

Please be aware of prank and deceptive calls.

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