NKGSB Bank NRE FD Interest Rates: up to 7.00%

Tenure	General	Senior	Applies to	Effective On	Source
12 months – 15 months	6.40%	7.00%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
15 months 1day to 15 month 29 days	7.00%	7.30%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
16 months -24 months	6.80%	7.20%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
25 months -36 months	6.65%	7.15%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
Above 3 years -5 years	6.60%	7.10%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
Above 5 years -7 years	6.40%	6.75%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026
Above 7 years -10 years	6.40%	6.75%	Any amount	26 Jan 2026 ✓ verified 21 Oct 2026	official fetched 21 Oct 2026

NRE / NRO deposits; minimum one year

NKGSB Bank NRE FD rate changes

Changes to NKGSB Bank's NRE fixed deposit rates that RateScan.in has recorded since it started tracking them on 21 Oct 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 NKGSB Bank's NRE fixed deposit rates has been recorded since tracking started on 21 Oct 2026.

NKGSB Bank NRE FD: frequently asked questions

What is the highest NKGSB Bank NRE FD interest rate?

As of 21 Oct 2026, NKGSB Co-operative Bank Ltd. offers up to 7.00% p.a. on its NRE fixed deposit (15 months 1day to 15 month 29 days) for general customers and 7.30% p.a. (15 months 1day to 15 month 29 days) for senior citizens. Rates below are as published by the bank — confirm with NKGSB Bank before investing.

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Do senior citizens get higher NRE FD rates at NKGSB Bank?

Yes. Senior citizens (60+) earn up to 0.60% p.a. more than general customers at NKGSB Co-operative Bank Ltd., depending on the tenure.

Is interest on NKGSB Bank 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 NKGSB Bank last change its NRE FD rates?

RateScan.in has recorded no change to NKGSB Co-operative Bank Ltd.'s NRE fixed deposit rates since it started tracking them on 21 Oct 2026.

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What NRE fixed deposit tenures does NKGSB Bank offer?

NKGSB Co-operative Bank Ltd.'s published NRE fixed deposit rate table has 7 tenure bands, from “12 months – 15 months” to “Above 7 years -10 years”.

Is my NRE fixed deposit with NKGSB Bank insured?

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

How current are these NKGSB Bank rates?

RateScan.in refreshed this dataset on 21 Oct 2026; the bank's rates shown here are effective 26 Jan 2026. Rates can change without notice, so verify on the official NKGSB Bank website before investing.

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More NKGSB Bank rates

NKGSB Bank overview NKGSB Bank Fixed Deposit rates NKGSB Bank Savings rates NKGSB Bank FCNR(B) rates

NRE FD rates at other banks

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Higher 1 year NRE Fixed Deposit rates than NKGSB Bank

20 banks serving Maharashtra pay more. Top picks:

Co-operative Highest Saraswat Bank 7.15% +0.75% vs NKGSB Bank Private Bandhan 7.00% +0.60% vs NKGSB Bank Public Sector BOI 6.50% +0.10% vs NKGSB Bank

See every higher rate in Maharashtra →

Good to know

Deposits with NKGSB Co-operative Bank Ltd. 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.
NKGSB Bank is an urban co-operative bank. Co-operative banks are regulated by the RBI together with the state registrar of co-operative societies; check that the bank is covered by DICGC before depositing.
Senior citizens (60+) earn up to 0.60% p.a. more than general customers at NKGSB Bank, depending on the tenure.
NKGSB Bank's FD table includes 1 special schemes; check eligibility and end dates.

Informational only — always confirm the current rate on the official NKGSB Bank 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.

NKGSB Co-operative Bank Ltd. NRE Fixed Deposit interest rates · October 2026