Rates verified from official source

SBM Bank (India) Ltd. NRE Fixed Deposit interest rates · November 2026

SBM Bank India's best NRE Fixed Deposit rate is 7.65% (548 days to 732 days), 0.10 points below the best on the market (7.75%).

Deposit amount

Showing 8 of 20 rates.

TenureGeneralSeniorApplies toEffective OnSource
365 days
to 366 days
Up to ₹1 crore
 7.10% 7.10% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 12 Nov 2026
367 days
to 389 days
2 slabs at this rate
Up to ₹1 crore
 7.10% 7.10% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
390 days
Up to ₹1 crore
 6.50% 6.50% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
391 days
to 456 days
Up to ₹1 crore
 7.10% 7.10% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
457 days
to 547 days
Up to ₹1 crore
 7.20% 7.20% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
548 days
to 732 days
Up to ₹1 crore
 7.65% 7.65% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 6 Nov 2026
733 days to
1097 days
3 slabs at this rate
Up to ₹1 crore
 7.10% 7.10% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
1098 days
to 3650 days
2 slabs at this rate
Up to ₹1 crore
 7.00% 7.00% Up to ₹1 crore
13 Nov 2026
✓ verified 13 Nov 2026
official
fetched 27 Oct 2026
Best rates Best 1 year NRE Fixed Deposit rates in MaharashtraCompare rates →

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SBM Bank India NRE FD return examples

DepositHighest rate18 months7.65%Highest rate2 years7.65%3 years7.10%5 years7.00%
₹1 lakh★₹1,12,049₹7,872 a year₹638/mo★₹1,16,364₹7,872 a year₹638/mo₹1,23,508₹7,291 a year₹592/mo₹1,41,478₹7,186 a year₹583/mo
₹5 lakh★₹5,60,247₹39,361 a year₹3,188/mo★₹5,81,821₹39,361 a year₹3,188/mo₹6,17,538₹36,456 a year₹2,958/mo₹7,07,389₹35,930 a year₹2,917/mo
₹10 lakh★₹11,20,495₹78,723 a year₹6,375/mo★₹11,63,643₹78,723 a year₹6,375/mo₹12,35,075₹72,913 a year₹5,917/mo₹14,14,778₹71,859 a year₹5,833/mo
₹25 lakh★₹28,01,237₹1,96,807 a year₹15,938/mo★₹29,09,107₹1,96,807 a year₹15,938/mo₹30,87,688₹1,82,282 a year₹14,792/mo₹35,36,945₹1,79,648 a year₹14,583/mo
₹50 lakh★₹56,02,474₹3,93,614 a year₹31,875/mo★₹58,18,213₹3,93,614 a year₹31,875/mo₹61,75,375₹3,64,564 a year₹29,583/mo₹70,73,891₹3,59,295 a year₹29,167/mo

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
Before you book

SBM Bank India NRE FD: frequently asked questions

What is the highest SBM Bank India NRE FD interest rate?

As of 14 Nov 2026, SBM Bank (India) Ltd. offers up to 7.65% p.a. on its NRE fixed deposit (548 days to 732 days) for general customers. Rates below are as published by the bank. Confirm with SBM Bank India before investing.

See today's top interest rates →

Do senior citizens get higher NRE FD rates at SBM Bank India?

SBM Bank (India) 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 SBM Bank 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 SBM Bank India last change its NRE FD rates?

SBM Bank (India) Ltd. last changed a NRE fixed deposit rate. RateScan.in first recorded the change on 12 Nov 2026: the general rate for 365 days to 366 days · Up to ₹1 crore went from 7.50% to 7.10%. RateScan.in has tracked SBM Bank India's rates since 27 Oct 2026.

Rate movements →

What NRE fixed deposit tenures does SBM Bank India offer?

SBM Bank (India) Ltd.'s published NRE fixed deposit rate table has 12 tenure bands, from “365 days to 366 days” to “1826 days to 3650 days”.

Does SBM Bank India pay different NRE fixed deposit rates by deposit size?

Yes. SBM Bank (India) Ltd.'s table lists separate bands: Up to ₹1 crore; Above ₹1 crore to below ₹3 crore (callable); ₹3 crore to ₹5 crore (callable). Each row shows the band it applies to.

Is my NRE fixed deposit with SBM Bank India insured?

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

How current are these SBM Bank India rates?

RateScan.in refreshed this dataset on 14 Nov 2026; the bank's rates shown here are effective 13 Nov 2026. Rates can change without notice, so verify on the official SBM Bank India website before investing.

Rate movements →

More SBM Bank India rates

SBM Bank India overviewSBM Bank India Fixed Deposit ratesSBM Bank India Recurring Deposit ratesSBM Bank India Savings ratesSBM Bank India FCNR(B) rates

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Good to know

  • Deposits with SBM Bank (India) 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.
  • SBM Bank India is a foreign bank operating in India, regulated by the RBI.
  • Senior citizens (60+) earn up to 0.50% p.a. more than general customers at SBM Bank India, depending on the tenure.
official Effective 1 May 2026 · Ingested 27 Oct 2026 · Verified 13 Nov 2026 · View source

Informational only. Always confirm the current rate on the official SBM Bank 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.