Fixed deposit rates for Non-Resident External (NRE) accounts at major Indian banks, read from the banks’ own websites. NRE interest is tax-free in India and fully repatriable. Banks revise rates without notice, so confirm the live rate before you deposit.
Today's NRE FD Rates
| Bank | 1-year band | 3-year band |
|---|---|---|
| State Bank of IndiaDeposits below ₹3 crore · w.e.f. 15 Aug 2026 | 6.25%1 yr to <2 yrs | 6.30%3 yrs to <5 yrs |
| ICICI BankGeneral, with premature withdrawal · w.e.f. 9 Oct 2026 | 6.25%1 yr to 389 days | 6.45%2 yrs 1 day to 3 yrs |
Rates read from the banks' official websites on October 12, 2026: State Bank of India, ICICI Bank. Banks revise rates without notice and bigger deposits earn different rates, so confirm the current rate before you deposit.
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