There is no tax on the interest earned on an NRE account in India.

HDFC NRE account interest rate is one of the highest in the market.

Through HDFC NRE savings account, NRI customers can transfer funds easily in India and abroad.

from Non- Resident to Resident deposits, resident deposit rate of interest shall be applicable.Also Read: HDFC NRI Account Opening Features & benefits of HDFC NRE savings account The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity. Fraction of a month will be treated as full month for the purpose of calculating such interest.

Penalty on delayed instalment for recurring deposits: Penalty is charged at monthly interest at the rate of INR.

In case of NRE fixed deposits with monthly payouts, the interest will be paid at a discounted rate.

payable on fixed deposits to senior citizens does not apply to NRE and NRO Fixed Deposits.

The additional rate of interest of 0.5% p.a.NRE Recurring Deposits can be accepted for a minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.NRE fixed deposits can be accepted for a minimum period of one year and a maximum period of ten years.Mutual Funds Spend Credit Cards P2P Data Center Fuel Rates Diesel Rates Petrol Rates Bank Pan Number Bank holidays Penny Stocks MF Ratings & NAV Top Performing Schemes Top Star Rated Schemes Top Tax Saving Schemes Highest Risk Adjusted Return New Fund Offers Forthcoming Dividends NPS Top Performing NPS Scheme Most Consistent NPS schemes ETF Perfomance Latest Prices Listed Bonds Traded in Cash Market ULIPs ULIP Schemes Calculators Recurring Deposit Calculator Fixed Deposit Calculator LTCG Tax Calculator Income Tax Calculator Rent Receipt Generator SIP Calculator IFSC Bank Code NPS Calculator Invoice Generator EPF Calculator House Property Income HRA Calculator Sukanya Samriddhi Calculator Education Loan Calculator Car Loan Calculator Home Loan Calculator Personal Loan Calculator Risk Tolerance Calculator Financial Fitness Calculator Interest Rates Recurring Deposit Rates Fixed Deposit Rates Bank Fixed Deposits Rates Post Office Schemes Rates MCLR Loan EMI Participate & Win Stocks & Shares ET Wealth ET Wealth Editions Buy Wealth Magazine ET Wealth NewsletterĪccording to the ICICI Bank website, below are the features of NRE fixed deposit

Hdfc nre deposit rates