NRE fixed deposit rates 2026: banks offer up to 8.05%

Some people from India live and work in other countries.

They are called NRIs.

NRIs can save money in special bank accounts in India called NRE accounts.

The money in these accounts comes from their earnings abroad.

Banks pay interest on this money, like a reward for saving.

Different banks offer different interest rates.

DCB Bank gives the highest reward at 8.05% for deposits kept for more than one year and up to three years.

IndusInd Bank offers 7.75% for one-year deposits.

The money and the interest can be sent back overseas anytime, and the interest is tax-free in India.

But the value can change if the rupee's exchange rate changes.