The Revised Interest Rates on NRE Retail Term Deposit w.e. For Retired Staff, applicable interest rate will continue to be governed by the decision taken by ALCO in its meeting No.-04/2019-20 held on.For Senior Citizen (aged 60 and above), additional Interest rate of 0.50% and for Super Senior Citizens (aged 80 years and above), additional Rate of 0.75% continues.Transfer funds from an existing NRE/ NRO account with another bank in India to create NRO deposit. 25,000, and you can book add on deposits in multiples of Rs.
The minimum amount for initial deposit is Rs. Interest rate for IOB tax Saver deposit will remain unchanged at 6.50% Easy investment with attractive interest rates.
