NRI Banking

Interest Rates

NRE/NRO Savings Bank Account- Slab (Day end balance) Rate of Interest
Up to and including Rs.1 lakh 4 %
Above Rs.1 lakh, up to and including Rs.10 lakhs (i.e for incremental amount above Rs.1 lakh) 6.5%
Above Rs.10 lakhs (i.e for incremental amount above Rs.10 lakhs) 7%
Interest Rates for Non Resident Ordinary (NRO) Term Deposits (Less than Rs.200 lakhs)
Tenure of deposit Rate of Interest effective from 01/09/2019
7 days to 14 days 5.50%
15 days to 59 days 5.50%
60 days to 90 days 6.25%
91 days to 181 days 6.75%
182 days 6.00%
183 days to 363 days 7.50%
364 days 6.25%
365 days to 545 days 8.25%
546 days 6.25%
547 days to 727 days 8.25%
728 days 6.50%
729 days to 909 days 8.00%
910 days 6.50%
911 days to 1091 days 8.00%
1092 days 7.00%
1093 days to 1273 days 7.30%
1274 days 7.00%
1275 days -1455 days 7.30%
1456 days 7.00%
1457 days-1637 days 7.30%
1638 days 7.00%
1639 days-1819 days 7.30%
1820 days 7.00%
1821 days to 3652 days 7.30%
Interest Rates for Non Resident External (NRE) Term Deposits (Less than Rs.200 lakhs)
Tenure of deposit Rate of Interest effective from 01/09/2019
365 days to 545 days 8.25%
546 days 6.25%
547 days to 727 days 8.25%
728 days 6.50%
729 days to 909 days 8.00%
910 days 6.50%
911 days to 1091 days 8.00%
1092 days 7.00%
1093 days to 1273 days 7.30%
1274 days 7.00%
1275 days -1455 days 7.30%
1456 days 7.00%
1457 days-1637 days 7.30%
1638 days 7.00%
1639 days-1819 days 7.30%
1820 days 7.00%
1821 days to 3652 days 7.30%

For more details, Please contact: nrihelpdesk@esafbank.com
Phone: +91 4877 - 123 622, 123 623

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