Which bank has highest NRE FD rates?
Which bank has highest NRE FD rates?
Best NRE Fixed Deposit Interest Rates
| Bank’s Name | FD Interest Rate / Tenure | |
|---|---|---|
| Union Bank of India | 5.40% | 5.45% |
| IndusInd Bank | 7.00% | 6.75% |
| Indian Bank | 5.50% | 5.40% |
| Central Bank of India | 5.10% | 5.15% |
Which bank gives the highest FD rate of interest 2021?
Highest 1 Year FD Rates as on 30 Dec 2021
| Banks | 1 Year FD Rate | Senior Citizen Rates for 1 year FD |
|---|---|---|
| Jana Small Finance Bank | 6.25% | 6.75% |
| Yes Bank | 6.00% | 6.50% |
| IndusInd Bank | 6.00% | 6.50% |
| RBL Bank | 6.00% | 6.50% |
What is the interest rate for NRO account in SBI?
2.70% p.a.
(All figures in % per annum)
| Sr No. | Particulars | Rate of Interest |
|---|---|---|
| 1 | Saving Deposits Balance upto Rs. 1 lakh. | 2.70% p.a. |
| 2 | Saving Deposits Balance above Rs. 1 lakh | 2.70% p.a. on entire balance |
What is NRI FD?
An NRI fixed deposit is a type of FD account, which allows Indians living abroad to invest through their Non-resident Ordinary (NRO) accounts. This investment option enables NRIs to invest in Indian rupees and enjoy high interest rates applicable on fixed deposits in India, as compared to other major economies.
Which bank in India gives highest interest?
Best FD Rates in India among Top 10 Banks
- Axis Bank offers the highest FD interest rate of 5.75% p.a. which is for a tenure of 5 years and above for the general public.
- The second highest interest rate is 5.50% p.a. which is offered by HDFC Bank for a tenure of 5 years and above.
