![]() You can open the FD account with any other eligible NRI.You can repatriate funds from your NRE account to an account in your country of residence. ![]() Partial withdrawal of NRE fixed deposits is allowed.HDFC NRE fixed deposit rates are one of the highest in the industry ranging from 6.00% to 7.25%. ICICI NRE FD rates are offered in the range of 6.60% to 7.00%.Loans up to 90% of the deposit, maximum INR 500 lakh.Interest earned is exempt from tax in India.Principal and interest earned are fully repatriable.NRIs can open an NRE fixed deposit to save their foreign earnings in Indian rupees and get attractive exchange rates on conversion of their foreign currency into INR. Principal and interest are fully repatriable.The interest is paid quarterly and can be credited to the SBI NRE savings bank account if requested by the account holder.Minimum deposit in general branches: Rs.The account can be opened with a zero balance.2 crore range between 6.50% to 7.00% per annum. State Bank of India is the leading public sector Indian international bank that offers NRE fixed deposits to Non-Resident Indians. Note: Interest rates are subject to periodic changes without prior intimation.The above rates were updated on 31th August 2023.Citi India customers are now served by Axis Bank. *Note: Axis Bank has acquired the Citibank India’s consumer banking business effective March 1, 2023. ![]() ![]() NRE FD Rates 2023 for deposit less than Rs. ![]()
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