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  #2  
24th December 2015, 10:14 AM
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Re: NRE Fixed Deposit Interest Rates South Indian Bank

Hello Guys ,I want to know Details on South Indian Bank Fixed Deposit NRE Interest Rates, Will you please Provide me information About same ?
  #3  
24th December 2015, 10:14 AM
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Join Date: Apr 2013
Re: NRE Fixed Deposit Interest Rates South Indian Bank

Non-Resident External Rupee Account is Maintained by Non-Resident Indian (NRI) in Indian Rupees.

NRE Deposits Fixed Deposit Interest Rates :

Period
Single Deposit less than Rs.100 lacs

1 year
7.70% p.a

Above 1 year to 3 years
7.60% p.a

Above 3 years up to and incl.10 years
7.50% p.a

Rates for Single Deposit of Rs.100 Lacs & above and Premature Closure Penalty Thereon to be obtained from Head Office - (Treasury Dept. ) on a Daily Basis .

No Interest will be Paid if Closed Within one year.

No additional Interest will be Paid for Senior Citizens under NRE Term Deposit Schemes.

There is no Premature Closure Penalty Charges for NRE Term deposits less than Rs.100 lacs.


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