| January 22nd, 2018 11:37 AM | |
| prince karak | Re: nre fd state bank of india The State Bank of India (SBI) offers a wide range of customised fixed deposit products for Non-Resident Indians (NRIs) to help them earn good returns while enjoying other benefits such as tax exemptions on certain FDs. The several types of schemes offers by SBI for NRIs include Non-Resident External (NRE) account, Non-Resident Ordinary (NRO) account, Foreign Currency Non-Repatriable (FCNR) account and Resident Foreign Currency (RFC) account. NRIs can open NRE fixed deposit accounts, NRO fixed deposit accounts, RFC, and FCNR term deposits. Among the fixed deposits offered by SBI, the ones for NRIs include: NRE fixed deposits are offered for a certain fixed period of time at a specific rate of interest. SBI offers two types of fixed deposits for NRIs: • Term Deposits • Special Term Deposits Fixed deposits can be opened easily and interest on these schemes will be paid on a quarterly basis. Any interest earned from these types of deposits will not be taxed in India. The other types of NRE accounts include savings account, current account and recurring deposit account. Interest rates for SBI NRE FDs Time period Rate for investment less Rate for investment less than than Rs.1 crore (in %) Rs.1 crore and more (in %) 5 years to 10 years 6.25 4.25 3 years to below 5 years 6.25 4.25 2 years to below 3 years 6.25 4.25 456 days to less than 2 years 6.5 4.25 1 year to 455 days 6.5 4.25 1 year 6.5 4.25 NRE FD State Bank of India  |
| January 22nd, 2018 11:35 AM | |
| Unregistered | Re: nre fd state bank of india Can you provide me the interest rates offered by State Bank of India (SBI) for its FD (Fixed Deposit) Account for Non-Resident Indians (NRIs)? |
| November 29th, 2015 09:38 AM | |
| nilesh | NRE FD State Bank of India Discuss about nre fd state bank of india here. Welcome to Courses.ind.in and this page is for nre fd state bank of india discussion. If you are looking for information on nre fd state bank of india then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on nre fd state bank of india, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again. |
