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NRO Term Deposits - below INR 2 Crores

Period	Revised Interest as on 12th October 2021 (Below INR 2 Crores)
15 days to 45 days	2.90 % p.a.
46 days to 90 days	3.65 % p.a.
91 days to 180 days	4.00 % p.a.
181 days to 364 days	4.90 % p.a.
365 days to 24 months	5.10 % p.a.
AV Deposit Scheme – 366 days (Simple Interest)	5.10 % p.a.
Mangal Moorti Scheme- 24 months (Simple Interest)	5.10 % 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.

NRO Term Deposits - INR 2 Crores and above

Period	Revised Interest as on 12th October 2021 (INR 2 Crores and above)
15 days to 45 days	2.90 % p.a.
46 days to 90 days	3.25 % p.a.
91 days to 180 days	3.75 % p.a.
181 days to 364 days	4.25 % p.a.
365 days to 24 months	4.75 % p.a.
AV Deposit Scheme – 366 days (Simple Interest)	4.75 % p.a.
Mangal Moorti Scheme- 24 months (Simple Interest)	4.75 % p.a.
Above 24 months to 36 months	4.75 % p.a.
Above 36 months to 60 months	4.75 % p.a.
Above 60 months to 120 months	5.00 % p.a.
Tax Exemption Scheme [5 years]	4.75 % 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%