Rates verified from official source

Mashreqbank PSC (India) interest rates · November 2026

Top FD rate
6.90%
391 days to 2 years
Senior citizen FD
6.90%
391 days to 2 years
Savings rate
2.25%
All balances
Top NRE FD rate
6.90%
391 days to 2 years

What will my FD earn at Mashreq India?

Estimated value after 1 year · before tax ₹5,34,351 6.70% p.a. · ₹34,351 interest · quarterly compounding
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Overview

Mashreqbank PSC (India) (Mashreq India) is a foreign bank operating in India, headquartered in Mumbai. Its headline 1-year FD rate of 6.70% is 1.13% above the foreign bank average of 5.57%, ranking #551 of 1033 banks on RateScan.in.

Headquarters
Mumbai
Monitored since
1 Nov 2026
Ownership
Mumbai branch of Mashreqbank PSC, United Arab Emirates
Operates in
Maharashtra

Rates as of 17 Nov 2023, verified from official source. Scheduled foreign bank (RBI-licensed, operating in India): Indian operations' deposits insured by DICGC up to ₹5,00,000.

RBI record

No RBI press release since 1 Jan 2024 names Mashreqbank PSC (India). We read RBI's press releases every week; last checked on 11 Nov 2026.

This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.

Branches

1 branch

Most branches: Mumbai 1

From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.

Mashreq India Fixed Deposit rate changes

Changes to Mashreq India's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 1 Nov 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.

No change to Mashreq India's fixed deposit (FD) rates has been recorded since tracking started on 1 Nov 2026.

Good to know

  • Deposits with Mashreqbank PSC (India) are insured by DICGC up to ₹5,00,000 per depositor per bank (principal and interest combined, across all its branches). Anything above that is not insured.
  • Mashreq India is a foreign bank operating in India, regulated by the RBI.
  • Mashreq India's published FD table shows no separate senior citizen rate.
official Effective 17 Nov 2023 · Ingested 1 Nov 2026 · Verified 13 Nov 2026 · View source

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