NRO FD interest rates 2026: SBI, HDFC, PNB, ICICI, Axis offer up to 6.75% rate on deposits up to Rs 3 crore
· economictimes.indiatimes.com
Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive interest rates, with some banks providing up to 6.75 percent. Banks like Bank of Baroda offer the highest rates on specific tenures. Investors should consider tax implications and Double Taxation Avoidance Agreements. Understanding these factors helps maximize returns on NRO fixed deposits.
Why NRIs should park funds in NRO FD
HDFC NRO FD rates
PNB NRO FD rates
ICICI Bank NRO FD rates
Axis Bank NRO FD rates
NRO FD interest rates 2026
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