FD Rates Savings

9.55% * p.a

For Senior Citizens Know More
Upto

7.5% * p.a

Know More
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Equitas Small Finance Bank with 392 Branches and growing is offering NRI Banking with the Best in Class Interest Rates, Affordable Lockers and Convenient Access to Superlative Technology. We understand that the Home is where your Heart is, where your trust is and where everything is at its Best. So come explore the best of what we have to offer!

NRO Fixed Deposits

NRO Fixed Deposits earn high deposit rates for funds accrued in India. Choose between quarterly interest compounding and quarterly interest payout options as per your requirement.

Features and Benefits features

Earn Superior Interest from the income generated in India.
Fixed Deposit Tenor from 7 Days to 10 Years.
Get an Annual Quarterly Balance Charges waived in NRO SB Account with Fixed Deposits of Rs.50,000/-and above.
Joint Holding with Indian Residents or Non Residents.
Avail Lower TDS by opting to open NRO DTAA Deposits. Applicable only for specific countries where India has entered into Double Taxation Avoidance Agreement and as amended from time to time.
NRO Fixed Deposit Interest Rate w.e.f. 16th April, 2019
Non Resident Fixed Deposit Interest Rates
Tenure NRO Interest Rates
7 - 14 days
5.00%
15 - 29 days
5.50%
30 - 45 days
6.00%
46 - 62 days
6.25%
63 - 90 days
6.25%
91 - 120 days
6.50%
121 - 180 days
6.50%
181 - 210 days
6.75%
211 - 270 days
6.75%
271 - 364 days
7.50%
1 Year to 18 months
8.20%
18 months 1 day to 2 years
8.40%
2 Years 1 day to 3 Years
8.55%
3 Years 1 day to 4 Years
7.00%
4 Years 1 day to 5 Years
7.00%
5 Years 1 day to 10 Years
7.00%

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 of 6 months from the Date of Booking of the Deposit.

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.2 Crores. For Fixed Deposit of Value Rs.2 Crores and above, Bulk Deposit Rates apply. Please contact the nearest Equitas Small Finance Bank branch for the Bulk Deposit Rate.