Archive · 30 Jul 2026
NRI Fixed Deposits Offer Up to 7.5% Interest Rates
Non‑Resident Indians can put money into special bank accounts called NRE fixed deposits in India.
These accounts let them earn interest that is not taxed in India.
The best banks are giving up to 7.5% interest, which is a good return.
You can keep the money for 2 to 3 years or more than 5 years.
After the time is up, you can take the money back to your home country without any problems.
NRE fixed deposits offer tax‑free interest to NRIs.
DCB Bank provides the highest rate of 7.5% for 2‑<3 and >5 year terms.
Rates vary across banks, with most offering between 6.5% and 7.5%.
Deposits can be up to ₹1 crore and are fully repatriable.
NRIs can also take loans against these deposits.
- Who
- Non‑Resident Indians (NRIs)
- What
- NRE fixed deposit interest rates up to 7.5% at various Indian banks
- When
- Rates as of 28 July 2026
- Where
- India
- Why
- To attract NRI savings with tax‑free, fully repatriable returns
- Highest interest rate
- 7.5% at DCB Bank
- Deposit limit
- Up to ₹1 crore
- Tax status
- Tax‑free interest
- Repatriation
- Fully repatriable principal and interest
- Tenure options
- 2 to <3 years and >5 years