You are here  >  Home  >  NRI  >  NRI Interest Rates

NRI Interest Rates

attractive interest rates at the Best Indian NRI bank
NRI Interest Rates - attractive interest rates at the Best Indian NRI bank

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:

Learn more about NRI Account Types offered by TMB.

NRE Savings Bank Deposit:

The interest rate on NRE Savings Bank Deposits with effect from Nov 18, 2005 is 3.50% p.a.

Interest Rates on NRI Deposits:

NRI Term Deposits
PeriodInterest Rate (p.a.)
  • NRI Savings Account Interest Rate offered is 3.5%.
  • Above Interest Rates applicable from Mar 01, 2010 to Mar 31, 2010.
One year and above but below two years2.59%
Two years and above but below three years2.83%
Three years and above upto 10 years3.44%

Interest Rates on FCNR-B Deposits:

FCNR-B Deposits
Period / CurrencyUSDGBPEuroCADAUD
  • Above Interest Rates applicable from Mar 01, 2010 to Mar 31, 2010.
12 Months1.84%2.30%2.20%2.25%6.05%
18 Months1.96%2.44%2.33%2.31%6.02%
24 Months2.08%2.57%2.45%2.37%5.99%
30 Months2.39%2.84%2.65%2.66%6.11%
36 Months2.69%3.11%2.85%2.94%6.22%
42 Months2.95%3.35%3.02%3.15%6.36%
48 Months3.20%3.58%3.18%3.36%6.50%
54 Months3.41%3.76%3.33%3.53%6.58%
60 Months3.62%3.94%3.47%3.69%6.65%

Interest Rates on NRO Deposits:

NRI Term Deposits
Period / Amount (Rs.) Interest Rate (p.a.)Less than 25 Lakhs
  • Above Interest Rates applicable from Feb 19, 2010.
  • NRI Savings Account Interest Rate offered is 3.5%.
  • Less than 15 days Deposits for Rs. 1 Lakh and above only.
Above 5 years7.50%
3 year - 5 years8.00%
2 year - < 3 years7.50%
1 year - < 2 years7.25%
181 day - < 12 month6.50%
91 - 180 days5.75%
46 - 90 days4.00%
15 - 45 days3.00%

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.