Bandhan Bank offers the NRE Fixed Deposit scheme at attractive interest rates with a tenure ranging between 1 year and 10 years. You can add nominees to the account as well.
The main features of the NRE Fixed Deposit account offered by Bandhan Bank are mentioned below:
Only NRI Savings Account holders can open the NRI Fixed Deposit account offered by Bandhan Bank. Indian citizens living outside India can open an account only for the below-mentioned purposes:
Individuals must have a foreign passport (apart from Bangladeshi and Pakistani) and must fulfil the below-mentioned criteria:
|Tenure||Rate of Interest|
|1 year – 18 months||5.75%|
|18 months 1 day – Less than 2 years||5.75%|
|2 years – Less than 3 years||5.75%|
|3 years – Less than 5 years||5.50%|
|5 years – Up to 10 years||5.75%|
Note: Bandhan Bank can change the interest rates at any given time without any prior notice. The above-mentioned interest rates are effective from 1 April 2021.
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