![]() It is advisable to compare the interest rates and tenure of various banks before investing. These updated NRE FD rates offer competitive interest rates for Indians living abroad who want to invest their foreign currency in fixed deposits in India. ![]() Canara Bank's new rates came into effect on April 5, 2023. This is applicable with effect from 24th January, 2011. These rates were applicable from February 24, 2023.Ĭanara Bank: Canara Bank has fixed interest rates for fixed deposits ranging from 6.70% to 7.25% for a one to ten-year period. As per the Terms & Conditions of Fixed Deposit Accounts of the bank, the penalty on premature closure of Fixed Deposits, including sweep-in and partial closures, has been fixed by the Bank at the rate of 1 of the fixed deposit interest rate. ICICI Bank: ICICI Bank's fixed deposit rates for NRE accounts range from 6.70% to 7.10%. 7.85 for callable deposits and 8 for non callable deposits. Additional rate of interest 0.60 for Super Senior Citizen (80 years and above) is introduced under Canara-444 product only i.e. Maximum deposit acceptable is Rs 1.50 Lakh. These new rates came into effect on January 1, 2023. for Canara Tax Saver Deposit scheme (General Public). Punjab National Bank (PNB): PNB has increased its NRE FD rates from last year's rates of 5.6% to 6.75% to the current rates of 6.5% to 7.25%. ![]() ![]() These new rates were included on February 21, 2023. HDFC Bank: HDFC Bank is offering interest rates ranging from 6.60% to 7.10% for amounts less than two crores and 7.10% to 7.75% for amounts greater than two crores. Current Rate of Interest for FD, RD & Forex HDFC bank offers attractive interest rates on various deposit and savings schemes. ![]()
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