NRE FD: NRE FDs are the safest and most tax-free investment for NRIs living abroad. Find out which banks are offering the highest interest rates in 2025 to maximize your investment growth.
NRE (Non-Resident External) Fixed Deposits (FDs) are a reliable investment option for NRIs (Indians living abroad). They offer tax-free returns and full repatriation. They allow you to manage your finances in India in a safe and stable manner. Find out which banks offer the highest interest rates on NRE FDs.
1. IndusInd Bank
IndusInd Bank offers a 7% interest rate on one-year NRE FDs. An investment of ₹1 lakh will grow to ₹1,07,000 in one year.
2. Kotak Mahindra Bank
Kotak Mahindra Bank offers a one-year NRE FD at an interest rate of 6.6%. An FD of ₹1 lakh can grow to ₹1,06,600 at the end of the year.
3. HDFC Bank
HDFC Bank also offers an interest rate of 6.6%. An investment of ₹1 lakh will become ₹1,06,600 in one year.
4. ICICI Bank
ICICI Bank’s one-year NRE FD offers a rate of 6.6%. This offers investors safe and competitive returns.
5. Axis Bank
Axis Bank offers an interest rate of 6.6%. An investment of ₹1 lakh will grow to ₹1,06,600 at the end of the year.
6. State Bank of India
(SBI) offers a 6.6% interest rate on NRE FDs. An investment of ₹1 lakh can grow to ₹1,06,600 in one year.
7. Bank of Baroda
Bank of Baroda also offers a rate of 6.6%. An investment of ₹1 lakh becomes ₹106,600 at the end of the year.
8. Punjab National Bank
(PNB) also offers an interest rate of 6.6% on NRE FDs. It offers investors safe and stable returns.
9. Canara Bank
Canara Bank offers NRE FDs at 6.5%. An investment of ₹1 lakh becomes ₹1,06,500 at the end of the year.
10. Union Bank of India & DICGC
Union Bank also offers a rate of 6.5%. DICGC, a subsidiary of the RBI, provides a security guarantee for FDs up to ₹5 lakh, ensuring safe investments.
The post NRE FD: Strong returns will be available on NRE fixed deposits, these banks are offering the highest interest first appeared on informalnewz.
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