Various banks across the country offer very good interest rates on NRI FDs. Let’s explore the top banks in the country that offer the best returns on their FDs for NRIs.
NRI Bank FD: Bank FDs have always been a great investment option. There’s no fear of losing your money with a bank FD. Furthermore, the returns are pre-fixed. This is why bank FDs are so popular among investors. Different banks across the country offer different FD schemes. Additionally, banks offer NRI FDs specifically for NRIs, allowing them to safely invest their money and earn good, fixed returns.
NRIs are Indians living abroad. Today, we’ll tell you about the top banks in the country that offer the best returns on their FDs to NRIs. Let’s find out.
IndusInd Bank NRI FD
IndusInd Bank offers very good interest rates on its NRI FDs. The interest rate on IndusInd Bank’s 1-year NRI FD is 7 percent.
Kotak Mahindra Bank NRI FD
The interest rate on Kotak Mahindra Bank’s NRI FD is 6.6 percent. These interest rates are for a 1-year term.
HDFC Bank NRI FD
HDFC Bank’s 1-year NRI FD interest rates are also 6.6 percent, making it an excellent investment option.
ICICI Bank NRI FD
ICICI Bank’s 1-year NRI FD interest rates are also 6.6 percent, making it an excellent investment option.
Axis Bank NRI FD
Axis Bank’s 1-year NRI FD interest rates are also 6.6 percent, making it an excellent investment option.
SBI NRI FD
SBI Bank’s one-year NRI FD interest rate is also 6.6 percent. This makes it the best public sector bank to invest in. Bank of Baroda and PNB also offer one-year NRI FD interest rates of 6.6 percent.
Canara Bank NRI FD
Canara Bank’s one-year NRI FD interest rate is 6.5%. This makes it an excellent public sector bank for investing.
