NRI & FCNR-B Term Rates
attractive interest rates for nri deposits
TMB has been very popular since long for being the bank offering the highest rates of interest for NRI accounts for the benefit of its depositors. No wonder a major part of our deposits are from NRI citizens abroad. The rates are split for different types of NRI Account to offer the highest rate of interest possible.
NRI Account Types
NRE Savings Bank Deposit Interest Rates:
| Amount / Interest Rate (p.a.) | Regular Citizens | Senior Citizens |
|---|---|---|
| ||
| 1 Lakhs & Above | 4.00% | 4.00% |
| Less than 1 Lakhs | 4.00% | 4.00% |
Interest Rates on NRI Deposits
| Period | Interest Rate (p.a.) |
|---|---|
| |
| 1y - < 2y | 10.00% |
| 2y - < 3y | 9.75% |
| 3y - 10y | 9.50% |
Interest Rates on FCNR-B Deposits
| Month | USD | GBP | EUR | CAD | AUD | JPY | CHF | HKD | SGD |
|---|---|---|---|---|---|---|---|---|---|
| |||||||||
| 12m | 2.35 | 3.14 | 2.98 | 3.12 | 6.13 | 1.80 | 1.59 | 1.71 | 1.60 |
| 18m | 2.07 | 2.82 | 2.70 | 2.78 | 5.61 | 1.71 | 1.48 | 1.79 | 1.68 |
| 24m | 1.78 | 2.49 | 2.42 | 2.44 | 5.09 | 1.62 | 1.37 | 1.86 | 1.75 |
| 30m | 1.83 | 2.50 | 2.46 | 2.47 | 5.11 | 1.63 | 1.40 | 1.96 | 1.88 |
| 36m | 1.87 | 2.51 | 2.50 | 2.50 | 5.13 | 1.63 | 1.42 | 2.05 | 2.01 |
| 42m | 1.97 | 2.57 | 2.58 | 2.56 | 5.25 | 1.65 | 1.50 | 2.20 | 2.13 |
| 48m | 2.06 | 2.63 | 2.66 | 2.61 | 5.37 | 1.67 | 1.57 | 2.34 | 2.25 |
| 54m | 2.18 | 2.69 | 2.76 | 2.68 | 5.44 | 1.70 | 1.65 | 2.48 | 2.37 |
| 60m | 2.30 | 2.75 | 2.85 | 2.75 | 5.50 | 1.72 | 1.72 | 2.61 | 2.48 |
Interest Rates on NRO Deposits
| Period | Interest Rate (p.a.) |
|---|---|
| |
| 5 years - 10 years | 10.00% |
| 2 year - < 5 years | 9.75% |
| 1 year - < 2 years | 10.25% |
| 271 days - < 12 months | 9.00% |
| 180 - 270 days | 8.75% |
| 91 - 179 days | 8.00% |
| 46 - 90 days | 7.00% |
| 30 - 45 days | 6.50% |
| 15 - 29 days | 6.00% |
Please note that Interest Rates are subject to change without notice as per the market trends and the bank’s decision in this regards is final.
