interest rate for nre fixed deposit in hdfc bank

The above rates are applicable for fresh fixed deposits and are subject to change from time to time without prior notice.Deposit will be booked upon availability of clear funds with the bank and applicable interest rate will be given as on the date of receipt of the funds by the bank.Please contact the nearest Branch for further information. The FD rate applicable for a monthly interest option will be a discounted rate over the standard FD Rate.The interest is calculated on a quarterly basis for deposits with a tenor above 6 months.The minimum tenure of the deposit is 91 days.The above base rate will be applicable only if minimum single deposit size is 5 crores.The Non Withdrawable Deposit is offered for amount 5 crore and above only.The deposit will be booked with maturity instruction as ‘Do Not Renew’.The minimum tenor for NRE deposit is 1 Year. The deposit is allowed for Non Resident Category also.

Sweep-in facility and partial withdrawal is not allowed.

Any interest credited or paid upto the date of such premature closure will be recovered from the deposit.

In the event of premature withdrawal of these deposits under above mentioned exceptional circumstances, the Bank will not pay any interest on the principal amount of the deposit.

However, the Bank may allow premature withdrawal of these deposits in the exceptional circumstance such as in the event of any direction from any judiciary /statutory and / or regulatory authorities or deceased claim settlement cases. the Fixed Deposits cannot be closed by the depositor before expiry of the term of such deposit.

The Fixed Deposits does not have any premature withdrawal facility i.e.

2) Simple interest is paid at maturity for deposits =5.25ĥcrore=5.25 crore =5.50 crore =24.75 crore to = 25crore to = 50crore to = 75crore to = 100crore to = 150crore to = 200 crore

Interest rate for nre fixed deposit in hdfc bank