NRE Term Deposit Interest Rates

Federal bank offers attractive returns to the money you invest as an NRE customer. Interest rates for the deposit are mentioned below.

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Non-Resident accounts are not eligible for additional interest offered to senior citizens.
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The Minimum tenor for earning the interest on NRE Fixed Deposit is 1 year.
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Penalty of 1% for premature closure applicable for all NRE term deposits irrespective of amount, opened/renewed on or after 14.06.2018.

Interest rates for NRE Term Deposits effective from 12-06-2025 (Rates in % p.a)


Period Single Deposit Less than ₹300 Lakhs
1 year 6.50%
Above 1 year to 443 days 6.70%
444 days 6.85%
445 days to 3 years 6.70%
Above 3 years to 10 years 6.50%






Effective Annualized Rate of Return for NRE Term Deposit [Reinvestment - Cash Certificate Schemes] - Single deposits of less than ₹300 Lakhs

Effective Annualized Rate of Return for NRE Term Deposit [Reinvestment - Cash Certificate Schemes] - Single deposits of less than ₹300 Lakhs

File name Description
HVD Web Interest 30.06.2025 Interest rates for Resident & NRE Term Deposits of Rs.3 crore and above (187.23) KB
NRE Deposit Plus (Non-Callable - NRE TD without premature withdrawal)- effective from 12.06.2025
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Minimum Amount: ₹1,00,00,001/-
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Pre closure not allowed
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Minimum Period: 12 Months
 

 

Period

Rates of Interest (Deposit Less than ₹3 Cr)

1 year

6.60%

Above 1 year to 443 days

6.80 %

444 days

6.95%

445 days to 3 years

6.80%

Above 3 years to 5 years

6.60%

Effective Annualized Rate of Return for Deposit Plus Reinvestment schemes - single deposits of less than ₹300 Lakhs-Deposit Plus (NR)

Effective Annualized Rate of Return for Deposit Plus Reinvestment schemes - single deposits of less than ₹300 Lakhs-Deposit Plus (NR)

File name Description
HVD Web Interest 30.06.2025 Interest rates for Resident & NRE Term Deposits of Rs.3 crore and above (187.23) KB
File name Description
HVD NW Web Interest 27.06.2025 Interest rates for Resident & NRE Term deposit (Non Withdrawable) of Rs 3 Crore and above (146.8) KB