Axis Bank NRE FD Rates

Axis Bank offers NRE FD interest rates of 6.25%-6.45% p.a. to NRIs for tenures ranging from 1 year to 10 years. The depositors can transfer funds overseas as both the principal and interest amount earned are fully repatriable. NRIs can also avail loan against their FDs for personal and business purposes. 

Axis Bank NRE FD Interest Rates – Highlights

Highest slab rate	6.45% p.a. (15 months to 10 years)
For 1 year	6.25% p.a.
For 2 years	6.45% p.a.
For 3 years	6.45% p.a.
For 4 years	6.45% p.a.
For 5 years	6.45% p.a.

Interest rates are updated as of 20 March 2026

Axis Bank NRE FD Interest Rates

Axis Bank NRE Fixed Deposit Interest Rates w.e.f. 18 March 2026

Tenure	Interest Rates (p.a.)
	For deposits less than Rs. 3 crore	For deposits of Rs. 3 crore to less than Rs. 5 crore
1 year to 1 year 10 days	6.25%	6.15%
1 year 11 days to less than 13 months	6.25%	6.15%
13 months to less than 15 months	6.25%	6.15%
15 months to less than 18 months	6.45%	6.50%
18 months to less than 2 years	6.45%	6.60%
2 years to less than 3 years	6.45%	6.60%
3 years to less than 5 years	6.45%	6.60%
5 years to 10 years	6.45%	6.60%

Comparison of Top 20 Scheduled Banks based on FD Rates

Banks	Highest FD rate (% p.a.)	1-year FD rate (% p.a.)	3-year FD rate (% p.a.)	5-year FD rate (% p.a.)	Additional interest rate for senior citizens (% p.a.)
Suryoday Small Finance Bank	8.10	7.25	7.25	7.90	0.20
Jana Small Finance Bank	8.00	7.00	7.50	7.77	0.50
ESAF Small Finance Bank	8.00	4.75	6.00	5.75	0.50
Utkarsh Small Finance Bank	7.50	6.00	7.50	7.00	0.50
Ujjivan Small Finance Bank	7.45	7.25	7.20	7.20	0.50
Shivalik Small Finance Bank	7.80	6.00	6.75	6.25	0.50
Equitas Small Finance Bank	7.40	6.90	7.00	7.00	0.50
Bandhan Bank	7.25	7.00	7.25	5.85	0.50-0.75
DCB Bank	7.15	6.90	7.00	7.15	0.25-0.50
RBL Bank	7.20	7.00	7.20	6.70	0.50
Capital Small Finance Bank	7.15	7.00	7.00	6.90	0.50
SBM Bank	7.30	7.10	7.10	7.00	0.50
AU Small Finance Bank	7.10	6.35	7.10	6.75	0.50
Central Bank of India	6.50	6.20	6.00	6.00	0.50
YES Bank	7.00	6.65	7.00	6.75	0.50-0.75
Induslnd Bank	7.00	6.75	6.90	6.65	0.50
Unity Small Finance Bank	7.50	7.50	6.75	6.75	0.50
Federal Bank	6.75	6.25	6.75	6.40	0.50
Bank of India	6.60	6.25	6.25	6.00	0.50

NRE Fixed Deposit Plus (Premature Withdrawal Not Allowed) Interest Rates w.e.f. 19 March 2026

Tenure	Interest Rates (p.a.)
	For deposits Rs. 3 crore to less than Rs. 5 crore	For deposits of Rs. 5 crore to less than Rs. 10 crore
1 year to 1 year 10 days	6.30%	6.85%
1 year 11 days to less than 13 months	6.30%	6.55%
13 months to less than 15 months	6.30%	6.55%
15 months to less than 18 months	6.60%	6.60%
18 months to less than 2 years	6.60%	6.60%
2 years to less than 3 years	6.60%	6.60%
3 years to less than 5 years	6.65%	6.60%
5 years to 10 years	6.65%	6.60%

Eligibility for Opening NRE Rupee Fixed Deposit

The eligibility for NRIs and PIOs/OCIs for opening NRE Rupee FD account with Axis Bank is mentioned below:-

Eligibility for NRIs – Non-Resident Indian

An Indian citizen residing outside India for:-

• Studies, business, employment or vacation
• Official deputed abroad by PSUs or the Government of India or posted in a UN organisation
• Indian nationals working on oil rigs, as mariners or working in foreign-registered airlines

Eligibility for Overseas Citizens of India (OCIs), or Persons of Indian Origin (PIOs)

An individual holding a foreign passport, except Pakistani & Bangladeshi, who

• Has held an Indian passport at any point in time
• Grandparent or parent was an Indian Citizen by virtue of the Constitution of India or the Indian Citizenship Act 1955
• Is a spouse of an Indian Citizen or the spouse of a PIO

Documents Required for NRE Rupee Deposit

• Proof of NRI Status (any one of the following)
  • Employment Visa
  • Dependent Visa copy
  • Resident Visa
  • Student
  • Work Visa
  • Residence Permit (the visa could be either in the passport or given separately or e-visa) 
• Copy of a Valid Indian Passport
• Proof of OCI/PIO Status (any one of the following)
  • Passport
  • PIO Card
  • Birth Certificate
  • OCI card
  • Voter’s ID Card
  • Voter’s card of Spouse/Mother/Father/Grand Parents with valid relationship proof
  • Expired Indian Passport
  • Indian Ration Card
  • Registered Marriage certificate
  • Certificate issued by the Indian Embassy or Consulate
  • Recent NRE Bank Account Statement from any Indian scheduled Bank (not more than 3 months old).
  • Existing or expired Indian Passport
  • In case a person qualifies as a PIO by virtue of being a spouse of an Indian Citizen or PIO, the marriage certificate, along with proof of Indian citizenship / PIO status of the spouse, should be obtained. Such bank accounts are to be opened jointly with his or her NRI/PIO spouse
• Mandatory PAN Card or Form 60
• Communication Address Proof

FAQs

Can I have a joint applicant for NRE Fixed Deposit?

NRIs can have a joint applicant while opening an NRE Fixed Deposit account.

What is the highest Axis NRE FD interest rate?

The highest fixed deposit rate for Axis NRE FD is 6.45% p.a. for tenures of 15 months to 10 years.

Can I avail loan against my NRE Deposits?

Axis Bank allows NRIs to avail loan against their NRE deposits. The loan proceeds can be used for carrying out business activities or for personal purposes except agriculture/plantation activities, relending and real estate business.

Is premature withdrawal allowed for NRE Fixed Deposits?

Depositors can break an FD before their maturity period. However, no interest will be paid if the depositor prematurely withdraws NRE FD deposits before 1 year.