Choose your website
and language
Interest Rates
Domestic / NRO Fixed Deposit Interest Rates
| Tenure | Less than INR 2 Crore Rate (% p.a.) |
|---|---|
| 7-14 days | 4.25% |
| 15-28 days | 4.25% |
| 29-60 days | 5.00% |
| 61-90 days | 5.50% |
| 91-179 days | 5.90% |
| 180-270 days | 6.00% |
| 271-364 days | 6.25% |
| 1 year-1 year 9 days | 6.70% |
| 1 year 10 days | 7.00% |
| 1 year 11 days and less than 2 years | 6.90% |
| 2 years and less than 3 years | 6.90% |
| 3 years and less than or equal to 5 years | 6.90% |
Effective from 19th November 2019
*Kindly contact your RM/Branch Manage for Term Deposits for INR 2 Crore and above
Premature withdrawal of Term Deposit (less than INR 2 crore)
- Premature withdrawal penalty of 1% will apply
- Interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit or the withdrawn amount remained with the bank or at the contracted rate, whichever is lower after deducting applicable penal charge for premature withdrawal as per Terms & Conditions of the bank.
- No interest will be paid on deposits that remain with the bank for less than the minimum period for which the deposits were accepted depending on the type of deposit.
- TDS once applied (where applicable) shall not be reversed or adjusted on any pre‐mature closure / part closure of deposits or on submission of a reduced TDS rate application.
NRE Fixed Deposits Interest Rates
| Tenure | Less than INR 2 Crore Rate (% p.a.) |
|---|---|
| 1 year-1 year 9 days | 6.70% |
| 1 year 10 days | 7.00% |
| 1 year 11 days and less than 2 years | 6.90% |
| 2 years and less than 3 years | 6.90% |
| 3 years and less than or equal to 5 years | 6.90% |
Effective from 19th November 2019
*Kindly contact your RM/Branch Manager for Term Deposits for INR 2 Crore and above
Premature withdrawal of Term Deposit (less than INR 2 crore)
- Premature withdrawal penalty of 1% will apply
- Interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit or the withdrawn amount remained with the bank or at the contracted rate, whichever is lower after deducting applicable penal charge for premature withdrawal as per Terms & Conditions of the bank.
- No interest will be paid on deposits that remain with the bank for less than the minimum period for which the deposits were accepted depending on the type of deposit.
- TDS once applied (where applicable) shall not be reversed or adjusted on any pre‐mature closure / part closure of deposits or on submission of a reduced TDS rate application. At present TDS is not applicable to NRE Deposits.
FCNR Deposits Card Rates (USD currency)
| Tenor | < USD 100,000 |
|---|---|
| >=1 year to <2 years | 2.23% |
| >=2 years to < 3 years | 1.87% |
| 3 years | 1.81% |
For amounts >= USD 100,000 (or equiv.) kindly contact your RM / Branch Manager.
Effective from 17th Oct 2019
Savings Deposit Interest Rates
| Balance (INR) | Rate of Interest (% p.a.) |
|---|---|
| Less than 1 Lakh | 4.00% |
| 1 Lakh to Less than 5 Lakhs | 4.25% |
| 5 Lakhs to less than 5 Crore | 6.00% |
| 5 Crore & Above | 5.50% |
Effective from 12th February 2020
MCLR Rates
| Tenure | Rate of Interest |
|---|---|
| Overnight | 7.20% |
| 1 month | 7.20% |
| 3 months | 7.30% |
| 6 months | 7.55% |
| 12 months | 7.70% |
Effective from 1st February 2020
External Benchmark Based Rates for MSME Sector
| FBIL published 3 months T Bill rates | Min Range | Max Range | |
|---|---|---|---|
| Benchmark approved by ALCO | 3 months T-Bill | 5.08% | 5.08% |
| Spreads over EXTERNAL BENCHMARK | 1.57% | 6.57% |
Effective from 1st February 2020
Customer Care
About Emirates NBD India
Terms and Conditions
Choose your website
Copyright © 2020 Emirates NBD Bank PJSC. All Rights Reserved 3P