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  #2  
10th August 2012, 04:49 PM
Super Moderator
 
Join Date: May 2012
Re: SBI NRI interest rates

You want to know about State bank of India Non-Resident External interest rates.
These are the followings:


NRE term deposits opened Penalty
Before 1st January, 2012 1%
From 1st January, 2012 0.50%*

A. NRE TERM DEPOSITS (BELOW RS. 15 LACS)
PERIOD (% p.a)

1 year to less than 5 years 9.00

5 years and up to 10 years 8.75

B. NRE TERM DEPOSITS (RS. 15 LACS AND ABOVE BUT LESS THAN RS. 1 CRORE)

PERIOD (% p.a)

1 year to less than 3 years 9.00

3 years and up to 10 years 9.00


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