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NRI BANKING

Unlock the power of financial freedom with Equitas NRO Fixed deposit. Experience seamless international investment, attractive rates and personalized banking solutions tailored for your needs.

Let your money work harder for you sitting anywhere with our best-in-class interest rates and flexible tenure options ranging from 1 year to 120 months. With Equitas we provide security, relialibilty, ensuring financial goals are within reach. Open a NRO Fixed Deposit and watch your money flourish.

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NRO Fixed Deposits ​​​​

NRO Fixed Deposits earn high deposit rates for funds accrued in India. Choose between quarterly interest compounding and quarterly interest payout options as per your requirement.

To know more - Give a missed call on +91 9940597411

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NRO Fixed Deposit Interest Rate effective 12th June, 2024 for amount less than Rs. 3 Crores.

Non Resident Fixed Deposit Interest Rates

Tenure NRO Fixed Deposit Interest Rates
7 - 14 days 3.50%
15 - 29 days 3.50%
30 - 45 days 4.00%
46 - 62 days 4.50%
63 - 90 days 4.50%
91 - 120 days 5.25%
121 - 180 days 5.25%
181 - 210 days 6.25%
211 - 270 days 6.25%
271 - 364 days 6.25%
1 Year (365 days) 8.20%
1 Year 1 day 8.00%
1 Year 2 days to 443 days 8.20%
444 days 8.50%
445 days to 18 months 8.20%
18 months 1 day to 2 years 7.75%
2 years 1 day to 887 days 8.00%
888 days 8.25%
889 days to 3 years 8.00%
3 Years 1 day to 4 Years 7.50%
4 Years 1 day to 5 Years 7.25%
5 Years 1 day to 10 Years 7.25%

Minimum period of the NRE Fixed Deposits is 1 year. No Interest would be paid if the deposit is pre-closed before the completion of the first 12 months.

There would be No Pre-closure Penalty for NRE Fixed Deposits and a Pre-closure penalty of 1% apply on the NRO Fixed Deposits when Pre-closed before the completion of 6 months from the Date of Booking of the Deposit.

No Senior Citizen Special Rates available for NRE and NRO FDs

31.2% TDS applicable (Inclusive of surcharge 4%) on the NRO interest accrued.

The above rates apply to Retail Term Deposits of Value below Rs.2 Crores. For Fixed Deposit of Value Rs.2 Crores and above, Bulk Deposit Rates apply. Please contact the nearest Equitas Small Finance Bank branch for the Bulk Deposit Rate.

For monthly payout Fixed Deposits, the interest rate will be discounted on the quarterly compounding rate.

Interest rates are subject to change and please refer for updated rates in the Bank’s Website.