NRO Term Deposits (in Rupees)
| 15 days to 45 days |
3.00 % p.a. |
| 46 days to 90 days |
3.75 % p.a. |
| 91 days to 180 days |
4.00 % p.a. |
| 181 days to 364 days |
5.00 % p.a. |
| 365 days to 24 months |
5.30 % p.a. |
| 15 months |
5.30 % p.a. |
| AV Deposit Scheme – 366 days (Simple Interest) |
5.30 % p.a. |
| Mangal Moorti Scheme- 24 months (Simple Interest) |
5.30 % p.a. |
| Above 24 months to 36 months |
5.30 % p.a. |
| Above 36 months to 60 months |
5.60 % p.a. |
| Above 60 months to 120 months |
5.60 % p.a. |
| Tax Exemption Scheme [5 years] |
5.60 % p.a. |
Note: NRI/PIO may remit an amount not exceeding USD 1 Million per financial year out of balances held in NRO accounts/ sale proceeds of assets subject to payment of applicable taxes.
NRO Saving Bank A/c: 2.75%