Mashreqbank PSC (India) NRE Fixed Deposit interest rates · November 2026
| Tenure | General | Senior | Applies to | Effective On | Source |
|---|---|---|---|---|---|
391 days to 2 years |
6.90% | 6.90% | Up to ₹2 crore | 17 Nov 2023 ✓ verified 13 Nov 2026 | official fetched 1 Nov 2026 |
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Mashreq India NRE FD return examples
Open a figure in the FD calculator. Darker shade = higher rate. ★ marks the highest estimated interest over one year at that rate. Maturity uses quarterly compounding. The monthly figure is simple annual interest divided by 12. Rates as of 14 Nov 2026. Confirm the current rate and payout terms with the bank. DICGC’s limit includes eligible balances and accrued interest held at the same bank in the same right and capacity.
- NRE deposits up to ₹2 crore (minimum tenure 1 year)
Before you book
Mashreq India NRE FD: frequently asked questions
What is the highest Mashreq India NRE FD interest rate?
As of 14 Nov 2026, Mashreqbank PSC (India) offers up to 6.90% p.a. on its NRE fixed deposit (391 days to 2 years) for general customers. Rates below are as published by the bank. Confirm with Mashreq India before investing.
Do senior citizens get higher NRE FD rates at Mashreq India?
Mashreqbank PSC (India) 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 Mashreq India 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.
When did Mashreq India last change its NRE FD rates?
RateScan.in has recorded no change to Mashreqbank PSC (India)'s NRE fixed deposit rates since it started tracking them on 1 Nov 2026.
Is my NRE fixed deposit with Mashreq India insured?
Deposits with Mashreqbank PSC (India) are insured by DICGC up to ₹5,00,000 per depositor per bank (principal + interest combined).
How current are these Mashreq India rates?
RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 17 Nov 2023. Rates can change without notice, so verify on the official Mashreq India website before investing.
More Mashreq India rates
NRE FD rates at other banks
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.
Informational only. Always confirm the current rate on the official Mashreq India 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.
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