Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Sneha Kulkarni

NRE FD interest rates up to 6.70%: SBI, HDFC Bank, PNB and more; which bank offers best returns for NRIs

SBI HDFC Bank PNB Interest Rates Central Bank of India India Axis Bank ICICI Bank

Many Non-Resident Indians (NRIs) prefer Non-Resident External (NRE) fixed deposits that are a low-risk and reliable investment option. Non-Resident External (NRE) fixed deposit (FD) schemes allow NRIs to invest foreign earnings in Indian rupees.

Apart from offering assured returns, NRE FDs come with two main advantages; they are exempt from income tax in India on the interest earned, and both the principal amount and interest can be freely repatriated abroad.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Dan Levy hits out at Shane Gillis over ‘misogynist’ comments in SNL monologue
Stand-up Gillis, who was fired from the comedy show in 2019, branded women at the gym ‘wh***s’
The Independent UK
The Independent UK
TV Star Breaks Silence On Social Media Frenzy After He Accidentally Exposed Himself To Fans
‘Smallville’ star Tom Welling meant to share a view of the New York City skyline, but accidentally exposed much more than he intended.
Bored Panda
Bored Panda
‘We’re in a brotherhood now’: the Bill Pickett rodeo – photo essay
For several years, Chloe Kerleroux has been photographing African American cowboy communities in the southern US. Her work has mainly focused on trail rides: large gatherings where horses, music, dancing, family and community life come together. This year, she explored rodeo culture including at the Bill Pickett invitational in Atlanta
The Guardian - UK
The Guardian - UK
Is your name still common? What Canadian baby names reveal about how we’ve changed
A given name holds the spark of identity. It is ours — we wear it — yet it is also the primary label by which others know us. Names are inherently both personal and public.
The Conversation
The Conversation
Saturday Night Live skewers Pete Hegseth and RFK in cold open: ‘The only man who snorts more rhino horn than me’
Shane Gillis hosted the episode with musical guest Rosalía
The Independent UK
The Independent UK
'Black A** Piece of Sh*t': White Man Hurls Racist Taunts but Stayed in Car When Confronted in Viral Video
A video circulating online appears to show a white driver directing racist insults at a Black man during a parking dispute outside a Walmart in Kearny, New Jersey.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play