Rates verified from official source

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

Saraswat Bank has the highest NRE Fixed Deposit rate on the market: 7.50% (16 months).

Deposit amount

Showing 9 of 27 rates.

TenureGeneralSeniorApplies toEffective OnSource
1 year
Below ₹1 crore
 7.15% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
1 year 1 day to 1 year 10 days
Below ₹1 crore
 7.15% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
1 year 11 days to less than 16 months
Below ₹1 crore
 7.15% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
16 months
Below ₹1 crore
 7.50% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
16 months 1 day to 16 months 10 days
Below ₹1 crore
 7.15% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
16 months 11 days to less than 24 months
Below ₹1 crore
 7.15% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
24 months
Below ₹1 crore
 7.25% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
24 months 1 day up to 3 years
Below ₹1 crore
 7.00% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026
Above 3 years to 5 years
Below ₹1 crore
 6.75% — Below ₹1 crore
3 Mar 2025
✓ verified 21 Oct 2026
official
fetched 21 Oct 2026

Saraswat Bank NRE FD rate changes

Changes to Saraswat 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 Saraswat Bank's NRE fixed deposit rates has been recorded since tracking started on 21 Oct 2026.

Saraswat Bank NRE FD: frequently asked questions

What is the highest Saraswat Bank NRE FD interest rate?

As of 21 Oct 2026, Saraswat Co-operative Bank Ltd. offers up to 7.50% p.a. on its NRE fixed deposit (16 months) for general customers. Rates below are as published by the bank — confirm with Saraswat Bank before investing.

See today's top interest rates →

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

Saraswat Co-operative Bank Ltd. 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 Saraswat 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 Saraswat Bank last change its NRE FD rates?

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

Rate movements →

What NRE fixed deposit tenures does Saraswat Bank offer?

Saraswat Co-operative Bank Ltd.'s published NRE fixed deposit rate table has 9 tenure bands, from “1 year” to “Above 3 years to 5 years”.

Does Saraswat Bank pay different NRE fixed deposit rates by deposit size?

Yes. Saraswat Co-operative Bank Ltd.'s table lists separate bands: Below ₹1 crore; ₹1 crore to below ₹2 crore; ₹2 crore and above. Each row shows the band it applies to.

Is my NRE fixed deposit with Saraswat Bank insured?

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

How current are these Saraswat Bank rates?

RateScan.in refreshed this dataset on 21 Oct 2026; the bank's rates shown here are effective 3 Mar 2025. Rates can change without notice, so verify on the official Saraswat Bank website before investing.

Rate movements →

More Saraswat Bank rates

Saraswat Bank overviewSaraswat Bank Fixed Deposit ratesSaraswat Bank Savings ratesSaraswat Bank FCNR(B) rates

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Saraswat Bank already pays the highest 1 year NRE Fixed Deposit rate among banks serving Maharashtra.

See how it compares →

Good to know

  • Deposits with Saraswat 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.
  • Saraswat 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 0.50% p.a. more than general customers at Saraswat Bank, depending on the tenure.
official Effective 1 Jul 2026 · Ingested 21 Oct 2026 · Verified 21 Oct 2026 · View source

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