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Deposits

NRE Recurring Deposits

Deposit a minimum monthly instalment of Rs. 1,000 and
in multiples of Rs. 500 thereafter

Easy Funding

Transfer funds every month from your NRE Savings account

Interest Rates

Attractive interest rates available

Flexible Tenure

1 year to 10 years

Repatriability

Funds are fully repatriable and easy movement is possible

Fees and Charges

Features and Benefits

The following individuals are not eligible for an NRE Recurring Deposit

  • Residents who travel overseas for health and medical check up
  • Residents who travel overseas for any tour abroad for their short visit whether on excursion or business promotion
  • Residents residing in Bangladesh or Pakistan without prior approval of RBI
  • Residents residing in Nepal and Bhutan
  • Seafarers employed by Indian shipping companies

Existing customers can open recurring deposit by logging on to Internet Banking.

Fees and Charges

Download Forms

Download Forms

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