SBI NRI FD Rates

SBI NRI FD Interest Rates – Highlights

Particulars	NRE Deposits	NRO Deposits
Highest slab rate	6.45% p.a. (444 days)	6.45% p.a. (for 444 days)
For 1 year	6.25% p.a.	6.25% p.a.
For 2 years	6.45% p.a.	6.45% p.a.
For 3 years	6.30% p.a.	6.30% p.a.
For 4 years	6.30% p.a.	6.30% p.a.
For 5 years	6.05% p.a.	6.05% p.a.

Interest rates are updated as of 27 March 2026

SBI NRI FD Interest Rates

SBI NRE Fixed Deposit Interest Rates w.e.f. 15 December 2025

Tenure	Interest Rates (p.a.)
	Below Rs. 3 Crore	Rs. 3 Crore & Above
1 year to less than 2 years	6.25%	6.25%
444 days (Amrit Vrishti)	6.60%	–
2 years to less than 3 years	6.45%	6.15%
3 years to less than 5 years	6.30%	6.00%
5 years to 10 years	6.05%	6.00%

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

NRO Fixed Deposit Interest Rates w.e.f. 15 December 2025

Tenure	Interest Rates (p.a.)
	Deposits below Rs. 3 Crore	Deposits of Rs. 3 Crore & Above
7 days to 14 days	3.05%	4.50%
15 days to 45 days	3.05%	5.00%
46 days to 179 days	4.90%	5.10%
180 days to 210 days	5.65%	5.60%
211 days to less than 1 year	5.90%	5.60%
1 year to less than 2 years	6.25%	6.25%
444 Days (Amrit Vrishti)	6.45%	–
2 years to less than 3 years	6.40%	6.15%
3 years to less than 5 years	6.30%	6.00%
5 years to 10 years	6.05%	6.00%

SBI FCNR(B) Deposit Interest Rates w.e.f. 15 January 2026

Period	Interest Rates (% p.a.)
	USD	GBP	Euro	CAD	AUD	JPY
1 year	4.40	4.00	2.75	2.97	3.75	0.40
Above 1 year to less than 2 years	4.40	4.00	2.75	2.97	3.75	0.40
2 years to less than 3 years	3.55	3.95	1.25	2.72	3.65	0.40
3 years to less than 4 years	3.35	3.00	1.25	2.47	3.55	0.40
4 years to less than 5 years	2.95	2.90	1.25	2.52	3.45	0.30
5 years	3.05	2.80	1.25	2.57	3.35	0.30

SBI RFC FD Rates w.e.f. 15 January 2026

Period	Interest Rates (p.a.)
	USD	GBP	Euro
1 year to less than 2 years	4.40	4.00	2.75
2 years to less than 3 years	3.55	3.95	1.25
3 years	3.35	3.00	1.25

Features of SBI NRI Fixed Deposits

SBI NRE Fixed Deposits

• The tenure for NRE fixed deposit ranges from 1 year to 10 years.
• Minimum Deposit:
  • In General Branches: Rs. 1,000
  • In Personal Banking Branches: Total customer account/deposit balance should be Rs 1 lakh for Metro or Urban areas and Rs. 50,000 for Semi-Urban or Rural areas
• The interest is paid quarterly and can be credited to the NRE Savings Bank account as per instructions of the depositor.
• NRIs opting for special SBI Fixed Deposits, the interest is compounded every quarter and is paid on maturity with the principal amount.
• The principal and interest amount are fully repatriable.
• They are also eligible for the nomination facility.
• The FD would be automatically renewed on maturity for the same tenure but at the then prevailing interest rate, if there are no instructions for renewal.

SBI NRO Fixed Deposits

• The tenure for NRO fixed deposit ranges from 1 year to 10 years.
• The tenure for NRO special fixed deposit ranges from 6 months to 10 years.
• Minimum Deposit:
  • In General Branches: Rs. 1,000
  • In Personal Banking Branches: Total customer account/deposit balance should be Rs 1 lakh for Metro or Urban areas and Rs. 50,000 for Semi-Urban or Rural areas
• The interest is paid quarterly and can be credited to the NRO Savings Bank account as per instructions of the depositor.
• NRIs opting for special fixed deposits, the interest is compounded every quarter and is credited to savings account on maturity with the principal amount.
• The principal and interest amount are partly repatriable, subject to overall ceiling of USD 1 million or equivalent in a FY.
• They are also eligible for the nomination facility.
• The FD would be automatically renewed on maturity for the same tenure but at the then prevailing interest rate, if there are no instructions for renewal.

SBI FCNR Fixed Deposits

• Depositors can hold deposits in any of the 6 foreign currencies – US Dollars (USD), Pounds Sterling (GBP), Euro, Japanese Yen (JPY), Australian Dollars (AUD) and Canadian Dollars (CAD).
• The tenure for FCNR fixed deposit ranges from 1 year to 3 years.
• Simple interest is applicable on a 1 year FCNR deposit.
• Interest rates are compounded at half yearly frequency for tenures above 1 year.

SBI RFC Fixed Deposits

• Deposits can be made in four different currencies: US Dollars (USD), Pounds Sterling (GBP) and Euro.
• The tenure for RFC fixed deposit ranges from 1 year to 3 years.
• Simple interest is applicable on a 1 year RFC deposit.
• For tenures above 1 year, interest rates are compounded at half yearly frequency. 
• RFC deposits can be converted to FCNR (B) or NRE accounts if the concerned individual regains NRI status.

Loan Against NRE & FCNR Deposits

• Depositors can avail loan facility against their fixed deposit account.
• The loan procceds can be used to carry on business activities, meet emergency financial requirements, for direct investment in India or for acquiring a house or flat in India.
• Depositor can avail loan up to 90% of the face value of FD including the interest accrued. 
• For NRE deposits: The applicable interest rate on loan would be 1% over the interest rate paid on the relative deposit offered as security.
• For FCNR deposits: The applicable interest rate on loan would be 2.90% over 1 year MCLR (presently 1 year MCLR is 8.70%).

Premature Withdrawal of SBI NRI Deposits

NRE Deposits

Premature Withdrawal of FD for NRE deposits are as follows:-

Premature Withdrawal of Deposits	Premature Withdrawal Penalty
Below Rs. 1 crore	No interest is payable if the FD is withdrawn before 1 year
Up to Rs. 5 lakh	0.50%
Above Rs 5 lakh to less than Rs 1 crore	1%
Rs.1 crore & above	No interest on withdrawals before 1 year

FCNR(B) Deposits

• No interest will be paid if the depositor withdraws the FCNR deposits before 1 year.
• If depositor withdraws money after completion of one year, the interest would be paid as follows:-
  • at the contracted rate, or
  • at the interest rate prevailing at the time of opening SBI FCNR(B) account for the tenure the deposit has remained with SBI, or
  • at present FD interest rate for the period deposit has remained with the SBI. (Whichever is lowest)

RFC Deposits

• If a depositor prematurely withdraws RFC deposits within 1 year, no interest is payable.
• If the depositor withdraws after completion of one year, the interest paid would be 1% below the interest rate applicable for the tenure deposit that has remained with the SBI or 1% below the contracted rate, whichever is lower.

FAQs

What is the SBI FD 444 Days Scheme?

SBI introduced “444 Days Amrit Vrishti Scheme” for both Indian residents and NRIs. The scheme offers the highest FD rate of 6.45% p.a. for a tenure of 444 days.

What is the highest FD rate for NRI?

The highest FD interest rate for SBI NRE & NRO FD is 6.45% p.a. for tenures of 444 days.

Can I avail loan against my SBI NRE Rupee Deposits?

SBI allows NRIs to avail loan maximum 90% of the face value against their NRE & FCNR deposits.

Can NRIs invest in SBI FDs?

SBI offers 4 different FD products for NRIs, namely, NRE deposits, NRO deposits, FCNR deposits & RFC deposits.