As a Non-Resident Indian (NRI), managing your finances and securing your savings are paramount concerns. State Bank of India's (SBI) NRE Fixed Deposit (FD) offers NRIs an attractive and risk-free investment option to grow their hard-earned money.
Tenure | Interest Rate |
---|---|
7-14 days | 2.50% |
15 days - 45 days | 2.75% |
46 days - 179 days | 3.00% |
180 days - 270 days | 3.25% |
271 days - 1 year | 4.00% |
1 year - 2 years | 4.25% |
2 years - 3 years | 4.50% |
3 years - 5 years | 4.75% |
5 years and above | 5.00% |
Q: Can I open an SBI NRE FD if I am not physically present in India?
A: Yes, you can open an SBI NRE FD through the online banking portal or by visiting the nearest SBI branch in your country of residence.
Q: Is there a minimum investment required for SBI NRE FDs?
A: Yes, the minimum investment required for an SBI NRE FD is ₹1,000.
Q: How can I find the latest interest rates on SBI NRE FDs?
A: You can check the latest interest rates by visiting the official website of the State Bank of India. Click Here to visit the website.
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