Take advantage of the best NRE FD interest rates with DBS Treasures that allow you to earn tax-free interest on your deposits. Here are the key benefits of opening an NRE Fixed Deposit account with us:
DBS Treasures offers attractive NRE Account deposit rates with flexibility in terms of tenure. Refer to the table below to know more about the best NRE FD interest rates that you can earn on your investment duration.
Tenure |
Interest Rate p.a. |
1 Year to 375 days |
6.40% |
376 days to 540 days |
6.50% |
541 days to less than 2 years |
6.25% |
2 years & less than 2 years 6 months |
5.75% |
2 Years and 6 Months |
5.25% |
2 years 6 months 1 day & less than 3 years |
5.25% |
3 years and less than 4 years |
5.00% |
4 years to less than 5 years |
5.00% |
5 Years and above |
5.00% |
Please note:
NRE (Non-Resident External) Fixed Deposits offer NRIs a secure way to earn tax-free returns on their foreign investments in India. Before investing, it’s important to understand the key terms and conditions applicable to account holders of NRE FDs:
To open an NRE Fixed Deposit with DBS Treasures, click the apply button and complete the online application form. Once submitted, a relationship manager will contact you to guide you through the next steps.
NRE account deposit rates at DBS Treasures are designed to provide you with the maximum earning potential while the interest remains tax-free in India. This is because the amount invested and interest earned is on a sum of money that does not qualify as income from India.
Prematurely closed NRE FD accounts may face a penalty for early withdrawal as per the terms and conditions. However, the NRE Fixed Deposit interest rates as such do not change. They are adjusted for the actual time you stay invested.
Only NRIs can open NRE accounts. However, if an NRI becomes a resident of India (by staying in the country for over 182 consecutive days in a year), then the interest earned will be taxable. They must then also begin the transition process of converting the account to a residential savings account.
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