- Advertisement -
Home Personal Finance NRE FD: Strong returns will be available on NRE fixed deposits, these...

NRE FD: Strong returns will be available on NRE fixed deposits, these banks are offering the highest interest

0

NRE FD: NRE FDs are the safest and most tax-free investment for NRIs living abroad. Find out which banks are offering the highest interest rates in 2025 to maximize your investment growth.

NRE (Non-Resident External) Fixed Deposits (FDs) are a reliable investment option for NRIs (Indians living abroad). They offer tax-free returns and full repatriation. They allow you to manage your finances in India in a safe and stable manner. Find out which banks offer the highest interest rates on NRE FDs.

1. IndusInd Bank

IndusInd Bank offers a 7% interest rate on one-year NRE FDs. An investment of ₹1 lakh will grow to ₹1,07,000 in one year.

2. Kotak Mahindra Bank

Kotak Mahindra Bank offers a one-year NRE FD at an interest rate of 6.6%. An FD of ₹1 lakh can grow to ₹1,06,600 at the end of the year.

3. HDFC Bank

HDFC Bank also offers an interest rate of 6.6%. An investment of ₹1 lakh will become ₹1,06,600 in one year.

4. ICICI Bank

ICICI Bank’s one-year NRE FD offers a rate of 6.6%. This offers investors safe and competitive returns.

5. Axis Bank

Axis Bank offers an interest rate of 6.6%. An investment of ₹1 lakh will grow to ₹1,06,600 at the end of the year.

6. State Bank of India

(SBI) offers a 6.6% interest rate on NRE FDs. An investment of ₹1 lakh can grow to ₹1,06,600 in one year.

7. Bank of Baroda

Bank of Baroda also offers a rate of 6.6%. An investment of ₹1 lakh becomes ₹106,600 at the end of the year.

8. Punjab National Bank

(PNB) also offers an interest rate of 6.6% on NRE FDs. It offers investors safe and stable returns.

9. Canara Bank

Canara Bank offers NRE FDs at 6.5%. An investment of ₹1 lakh becomes ₹1,06,500 at the end of the year.

10. Union Bank of India & DICGC

Union Bank also offers a rate of 6.5%. DICGC, a subsidiary of the RBI, provides a security guarantee for FDs up to ₹5 lakh, ensuring safe investments.

Add informalnewz.com as a Preferred Source


DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com

Exit mobile version