Which bank gives highest interest rate on NRE FD?

Which bank gives highest interest rate on NRE FD?

Best NRE Fixed Deposit Interest Rates

Bank’s Name FD Interest Rate / Tenure
SBI 5.10% 5.30%
HDFC Bank 5.10% 5.20%
Yes Bank 6.75% 6.75%
ICICI Bank 5.15% 5.35%

What is the interest rate for NRE account in Icici?


Interest rates (percent per annum*) with effect from Oct 21st, 2020
Maturity Period Less than INR 20.0 million (For deposits with quarterly payouts and cumulative deposits)
1 year to 389 days 4.90%
390 days to < 18 months 4.90%
18 months upto 2 years 5.00%

Which FD is best in Icici Bank?

Senior Citizens FD Rate : 3.00% p.a to 6.30% p.a. Highest Interest Rate : As per today’s rate, ICICI Bank’s highest interest rate on FD is 5.50% offered for a tenure of 10 years.

Which bank is best for NRI?

10 Best NRE Savings Accounts for NRIs in 2020

Bank Name Interest rate (%) p.a.
ICICI Bank 3.50% to 4.00%
HDFC Bank 3% to 3.50%
SBI Bank 2.70%
Bank of Baroda 2.75%

What is NRE account in Icici?

NRE stands for Non Resident External Account These accounts are opened for the purpose of depositing income earned overseas. The funds held in these accounts can be remitted back overseas freely subject to terms and conditions of the resident country.

Which bank is best for fixed deposit 2021 in India?

Utkarsh Small Finance Bank, Suryodaya Bank, and Jana Bank are currently giving the best FD rates i.e 6.75% for regular citizens. Among the large banks in India, RBL, SBM, YES, and Indusind are giving the 6.5% for regular customers and up to 7.25% for senior citizens. Checkout the best FD Rates 2021 Here.

What is Icici FD?

ICICI Bank offers Fixed Deposits (FDs) or Term Deposits at attractive interest rates and high returns. FDs allow one to park funds within a bank for a fixed tenure and fixed interest rate.

What is Icici Flexi FD?

ICICI Bank Flexi Deposit Scheme: The Flexi Deposit Scheme offered by ICICI Bank combines a Savings or Current account with a Flexi Deposit. Individuals should ensure they maintain a minimum balance of Rs. 10,000 for a Savings account or Rs. 20,000 for a Current account.

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