Rates verified from official source

Indian Bank NRE Fixed Deposit interest rates · October 2026

As of 5 Oct 2026, Indian Bank offers up to 6.65% p.a. on its NRE fixed deposit (IND Grow 555 Days Term Deposit (NRE)) for general customers. Rates below are as published by the bank — confirm with Indian before investing.

NRE Fixed Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies toAs ofSource
1 year
6.10% 6.10% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 1 year and less than 2 year
6.20% 6.20% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
IND Green 500 Days Term Deposit (NRE)
500-day Special
6.40% 6.40% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
IND Grow 555 Days Term Deposit (NRE)
555-day Special
6.65% 6.65% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
2 year to less than 3 year
6.15% 6.15% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
IND Prosper 777 Days Term Deposit (NRE)
777-day Special
6.60% 6.60% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
3 year to less than 5 year
6.05% 6.05% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
5 year
6.00% 6.00% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Above 5 year
6.00% 6.00% Any amount
1 Jan 2026
official
fetched 4 Oct 2026
✓ verified 5 Oct 2026
Source ↗

Indian NRE FD: frequently asked questions

What is the highest Indian NRE FD interest rate?

As of 5 Oct 2026, Indian Bank offers up to 6.65% p.a. on its NRE fixed deposit (IND Grow 555 Days Term Deposit (NRE)) for general customers. Rates below are as published by the bank — confirm with Indian before investing.

Do senior citizens get higher NRE FD rates at Indian?

Indian Bank does not publish a separate senior citizen premium for these deposits in our data. Check the bank's official rate card for any senior-citizen offers.

Is interest on Indian NRE FDs taxable in India?

Interest on NRE deposits is generally exempt from income tax in India for eligible Non-Resident Indians. Tax rules depend on your residential status and the country you live in, so confirm with a tax advisor.

Is my NRE fixed deposit with Indian insured?

Deposits with Indian Bank are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).

How current are these Indian rates?

RateScan.in refreshed this dataset on 5 Oct 2026; the bank's rates shown here are effective 1 Jan 2026. Rates can change without notice, so verify on the official Indian website before investing.

Good to know

Deposits with Indian Bank are insured by DICGC up to ₹5,00,000 per depositor (principal + interest). Senior citizens (60+) typically earn an extra 0.50% p.a. over the published general rates.

Informational only — always confirm the current rate on the official Indian website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.