Best NRE Fixed Deposit rates · November 2026
The highest NRE Fixed Deposit rates across India's banks, ranked. Public and private sector banks.
Best NRE Fixed Deposit rates (1 year)
Ranked across India's banks · Dataset refreshed 14 Nov 2026
| # | Bank | Rate | Applies to |
|---|---|---|---|
| 1 | Unity Small Finance Bank
Small Finance  Nationwide |
7.50% | 12 months |
| 2 | Saraswat Co-operative Bank Ltd.
Co-op Maharashtra |
7.15% | 1 year |
| 3 | Kallappana Awade Ichalkaranji Janata Sahakari Bank Ltd.
Co-op Maharashtra |
7.10% | 1 year to 2 years |
| 4 | SBM Bank (India) Ltd.
Foreign Maharashtra |
7.10% | 365 days to 366 days |
| 5 | Shamrao Vithal Co-operative Bank Ltd.
Co-op Maharashtra |
7.10% | 12 months |
| 6 | Bandhan Bank
Private Nationwide |
7.00% | 1 year |
| 7 | The Ahmedabad Mercantile Co-operative Bank Ltd.
Co-op Gujarat |
7.00% | 1 year |
| 8 | The Cosmos Co-operative Bank Ltd.
Co-op Maharashtra |
7.00% | 1 year |
| 9 | DCB Bank
Private Nationwide |
6.90% | 12 months to less than 15 months |
| 10 | RBL Bank
Private Nationwide |
6.90% | 365 days (12 months) to 500 days |
| 11 | Tamilnad Mercantile Bank
Private Nationwide |
6.80% | 1 year |
| 12 | The Bharat Co-operative Bank (Mumbai) Ltd.
Co-op Maharashtra |
6.80% | 12 months |
| 13 | Doha Bank Q.P.S.C. (India)
Foreign Maharashtra +1 state |
6.75% | 1 year to 399 days |
| 14 | IndusInd Bank
Private Nationwide |
6.75% | 1 year to below 1 year 6 month |
| 15 | The Kalupur Commercial Co-operative Bank Ltd.
Co-op Gujarat +1 state |
6.75% | 1 year and up to 2 years |
| 16 | TJSB Sahakari Bank Ltd.
Co-op Maharashtra +6 states |
6.75% | From 12 months to 24 months |
| 17 | Yes Bank
Private Nationwide |
6.75% | 12 months 1 day < 18 months |
| 18 | Bank of India
Public Nationwide |
6.70% | Above 1 year to less than 2 years (Except 500 days) |
| 19 | City Union Bank
Private Nationwide |
6.65% | 365 days to 443 days |
| 20 | The Udaipur Urban Co-operative Bank Ltd.
Co-op Rajasthan |
6.65% | 1 year to 18 months |
| 21 | GP Parsik Sahakari Bank Ltd.
Co-op Maharashtra +2 states |
6.60% | 12 months to 18 months |
| 22 | Federal Bank
Private Nationwide |
6.55% | Above 1 year to less than 18 months |
| 23 | Karur Vysya Bank
Private Nationwide |
6.55% | 1 year to up to 399 days |
| 24 | IDFC First Bank
Private Nationwide |
6.50% | 1 year – 370 days |
| 25 | Indian Overseas Bank
Public Nationwide |
6.50% | 1 year |
| 26 | Janata Sahakari Bank Ltd., Pune
Co-op Maharashtra |
6.50% | 1 years to less than 2 years |
| 27 | Karnataka Bank
Private Nationwide |
6.50% | 1 year to less than 15 months |
| 28 | Kotak Mahindra Bank
Private Nationwide |
6.45% | 365 days - 389 days |
| 29 | Bank of Maharashtra
Public Nationwide |
6.40% | 365 days/ 1 year |
| 30 | Canara Bank
Public Nationwide |
6.40% | 1 year to 443 days |
| 31 | NKGSB Co-operative Bank Ltd.
Co-op Maharashtra |
6.40% | 12 months – 15 months |
| 32 | Rajasthan Gramin Bank
Rural Rajasthan |
6.35% | 1 year |
| 33 | Punjab Gramin Bank
Rural Punjab |
6.30% | 1 year only |
| 34 | Punjab National Bank
Public Nationwide |
6.30% | > 1 year to 443 days |
| 35 | Axis Bank
Private Nationwide |
6.25% | 1 year – 1 year 10 days |
| 36 | Bank of Bahrain & Kuwait B.S.C. (India)
Foreign Maharashtra +2 states |
6.25% | 1 year |
| 37 | Bank of Baroda
Public Nationwide |
6.25% | 1 year |
| 38 | DBS Bank India
Foreign Andhra Pradesh +18 states |
6.25% | 1 year to 375 days |
| 39 | Dhanlaxmi Bank
Private Andhra Pradesh +15 states |
6.25% | Above 1 year upto & inclusive of 2 years |
| 40 | Emirates NBD Bank (P.J.S.C.) (India)
Foreign Maharashtra |
6.25% | 1 year |
| 41 | HDFC Bank
Private Nationwide |
6.25% | 1 year to < 15 months |
| 42 | ICICI Bank
Private Nationwide |
6.25% | 1 year to < 18 months |
| 43 | IDBI Bank
Private Nationwide |
6.25% | >1 year to 2 years (Except 555 days,700 days and 1100 days) |
| 44 | Nilambur Co-operative Urban Bank Ltd.
Co-op Kerala |
6.25% | 12 months to less than 13 months |
| 45 | South Indian Bank
Private Nationwide |
6.25% | 1 year |
| 46 | State Bank of India
Public Nationwide |
6.25% | 1 year to less than 2 years |
| 47 | The Zoroastrian Co-operative Bank Ltd.
Co-op Maharashtra +1 state |
6.25% | 1 year upto 15 months |
| 48 | UCO Bank
Public Nationwide |
6.25% | 1 year |
| 49 | Indian Bank
Public Nationwide |
6.20% | Above 1 year and less than 2 year |
| 50 | Union Bank of India
Public Nationwide |
6.20% | 1 yr to 399 days |
| 51 | Abhyudaya Co-operative Bank Ltd.
Co-op Maharashtra |
6.15% | 12 months |
| 52 | Bombay Mercantile Co-operative Bank Ltd.
Co-op Maharashtra +1 state |
6.15% | 1 year to less than 2 years |
| 53 | Central Bank of India
Public Nationwide |
6.10% | 1 year to 443 days |
| 54 | Thane Bharat Sahakari Bank Ltd.
Co-op Maharashtra |
6.00% | 12 months (from "181 days to 1 year") |
| 55 | Citizen Credit Co-operative Bank Ltd.
Co-op Maharashtra |
5.85% | 1 year to less than 2 years |
| 56 | Punjab & Sind Bank
Public Nationwide |
5.85% | 1 year |
| 57 | Barclays Bank PLC (India)
Foreign Maharashtra |
5.60% | 365 days to 399 days |
| 58 | Bassein Catholic Co-operative Bank Ltd.
Co-op Maharashtra |
5.50% | 12 months |
| 59 | CSB Bank
Private Nationwide |
5.00% | 12 months to less than 13 months |
| 60 | Deutsche Bank India
Foreign Delhi +8 states |
5.00% | 1 year |
| 61 | Uttar Pradesh Gramin Bank
Rural Uttar Pradesh |
4.75% | 01 yrs to less than 3 yrs |
| 62 | Standard Chartered India
Foreign Andhra Pradesh +17 states |
4.30% | 1yr – 376 days |
| 63 | HSBC India
Foreign Andhra Pradesh +13 states |
4.00% | 365 days |
| 64 | NatWest Markets Plc (India)
Foreign Maharashtra |
3.50% | 1 year |
| 65 | Citibank N.A. (India)
Foreign Maharashtra |
1.75% | 365 days to 400 days |
Best NRE FD rate by tenure
Tap a tenure for the full ranking
An NRE (Non-Resident External) fixed deposit lets NRIs park foreign earnings in rupees with a bank in India, and it has two big advantages: the interest is fully tax-free in India and both principal and interest are freely repatriable abroad. RBI rules set a minimum term of one year. As of 14 Nov 2026, the highest rate we track is 8.00% at Unity Small Finance Bank.
NRE FD rates track regular domestic FD rates and vary by bank and tenure, so comparing pays off, though the rupee carries exchange-rate risk when you convert back. All banks below are RBI-licensed with DICGC cover up to ₹5 lakh. The table is ranked best-first; NRIs holding foreign currency may also want to compare FCNR(B) deposits, which stay in USD/GBP/EUR and avoid rupee risk.
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