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 1st June 2019
7-14 days 5.50%
15-59 days 5.50%
60-90 days 6.25%
91-179 days 6.75%
180- 363 days 7.50%
364 days 5.60%
365-727 days 8.50%
728 days 6.80%
729-1091 days 8.00%
1092 days 5.66%
1093 -1819 days 7.30%
1820 days 5.65%
1821-3653 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 1st June 2019
365-727 days 8.50%
728 days 6.80%
729-1091 days 8.00%
1092 days 5.66%
1093 -1819 days 7.30%
1820 days 5.65%
1821-3653 days 7.30%

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

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