NRO FD Rates

NRO FD Rates

At a Glance

Attractive NRO interest rates for fixed deposits ensure that money placed in your DBS Treasures NRO Fixed Deposits keeps growing. NRO fixed deposits are great for those who have an income in India while they work or live overseas. DBS Treasures NRO FD rates are extremely competitive and ensure safe and secure growth in the most volatile times.

NRO Fixed Deposit (FD) Interest Rates

Rates w.e.f. 12^th June, 2025

Tenor	Regular
7 days	2.75%
8 days	3.25%
9 days & up to 14 days	2.75%
15 days & up to 29 days	3.75%
30 days & up to 45 days	3.50%
46 days & up to 60 days	4.00%
61 days	4.75%
62 days & up to 90 days	4.00%
91 to 180 days	4.25%
181 days	5.50%
182 to 189 days	6.00%
190 to 269 days	6.00%
270 to less than 1 year	6.00%
1 year to 375 days	6.40%
376 days to 540 days	6.65%
541 days to 599 days	6.65%
600 days	6.65%
601 days to less than 2 years	6.55%
2 years to less than 2 years & 6 months	6.45%
2 years & 6 months	6.45%
2 years 6 months 1 day & less than 3 years	6.45%
3 years and less than 4 years	6.45%
4 years to less than 5 years	6.45%
5 years and above	6.30%

Simple Interest rate will be paid on fixed deposits below 6 months. For fixed deposits of 6 months or above, interest will be compounded quarterly.

Open an NRI Savings Account

NRO Fixed Deposits Terms and Conditions

The Bank shall, on written request from all depositors, allow withdrawal of a Resident / NRO Term deposits prior to the date of its maturity. The interest on prematurely withdrawn Resident / NRO Term Deposits will be paid for the period that such deposit is held, at the rate prevailing on the date of placement of such deposit or the contracted rate, whichever is lower, subject to a deduction of a 1% penalty.

Please note that pre-closure charges of 1% will be applicable on all Term Deposits booked / renewed on or after 15th April 2019.

For detail terms and conditions click here

How to Apply

Open an NRI Savings Account

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Frequently Asked Questions

Is interest earned on an NRO FD taxable?

Yes, interest earned on NRO FD accounts is taxable in India.

Is interest payable on NRO FD accounts that are closed prematurely?

Yes, interest is adjusted and paid out on prematurely closed NRO FD accounts as per the tenure for which the FD has been maintained. The interest for prematurely withdrawn NRO fixed deposits is paid after a penalty as applicable in your terms and conditions has been deducted.

In which currency will I earn interest on my NRO FD?

NRO FDs are maintained in Indian Rupees only. Therefore any interest earned on these accounts is in Indian Rupees as well. However, currency conversion is possible at the applicable rates to ensure you can repatriate funds after the FD matures.