Based on the features and benefits of NRI RDs, it is recommended that:
The tenure for an NRI RD generally ranges from . This flexibility allows NRIs to align their savings goals (e.g., buying a house, retirement, education) with the maturity timeline. nri recurring deposit
| Bank | Interest Rate (p.a.) | Tenure Range | Special NRI Feature | |------|----------------------|--------------|----------------------| | SBI | 6.25% – 7.25% | 1 – 10 years | NRI RD linked to NRE/NRO | | HDFC Bank | 6.50% – 7.75% | 6 months – 10 years | 0.25% extra for senior citizen NRIs | | ICICI Bank | 6.50% – 8.00% | 6 months – 10 years | Instant online RD opening | | Axis Bank | 6.75% – 7.90% | 6 months – 10 years | Flexi RD (vary monthly installment) | | Kotak Mahindra | 6.20% – 7.80% | 12 – 60 months | 5% p.a. on premature withdrawal | Based on the features and benefits of NRI
Are you ready to start your investment journey? You can easily set up an RD through your bank's net banking portal in just a few clicks. on premature withdrawal | Are you ready to