SBI NRI Services - NRE Fixed Deposit Interest Rate - Interest Rates
NRE Fixed Deposit Interest Rate
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RATES OF INTEREST ON NON-RESIDENT EXTERNAL (NRE) ACCOUNT DEPOSITS W.E.F 15.02.2023*
NRE TERM DEPOSITS With effect from 15th February, 2023 | |||||||
---|---|---|---|---|---|---|---|
Tenors | Below Rs.2 Crore | Rs.2 Crore & above | |||||
1 year to less than 2 years |
6.80% |
6.75% |
|||||
400 Days (AMRIT KALASH) | 7.10% | - | |||||
2 years to less than 3 years |
7.00% |
6.50% |
|||||
3 years to less than 5 years |
6.50% |
6.00% |
|||||
5 years to 10 years |
6.50% |
6.00% |
|||||
Premature withdrawal | No interest is payable if the deposit is withdrawn before one year. | No interest is payable if the deposit is withdrawn before one year. | |||||
Effective 01st April 2017, Penalty for Premature Withdrawal for Retail Term Deposits will be applicable as under:
|
On pre-mature withdrawal of the deposit (after completion of 1 year), interest will be paid at applicable rate for the period the deposit has actually remained with the Bank or contracted rate less Premature Penalty of 1%, whichever is lower. | ||||||
*Rates are subject to change, without prior notice. |
- *Rates are subject to change, without prior notice.
Last Updated On : Thursday, 16-02-2023

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
SBI NRI Services Interest Rates
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Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above