Show Hide
Internet Banking Login Open NRI Account
Apply NRI Account

Open an NRI Account online today. Provide your contact details and get a call back at time convenient to you.

Simply Give Missed Call on +91 7666660000

Click here to get a call back in 15 mins


Disclaimer: Please enter only valid Mobile / Land line number. Do not enter Skype / Internet numbers.

Rates & Charges
Rates & Charges
Savings Account
NRE Savings* 4.00% Apply Now
Fixed Deposit & RD

Know more about interest rates

(18 months upto 3 years)
5.35% Know More
Apply Now
Swift code
Swift code

More Rates       Service Charges 

*Interest rates at 4% per annum for end of day balances equal to or above INR 50 lacs and 3.50% per annum for end of day balances below INR 50 lacs
Offer Zone Get In Touch

New TDS guidelines

Important: New guidelines regarding TDS deduction on the interest earned in NRO/NRE deposits

In accordance with the changes proposed in the Union Budget 2018 with effective April 01, 2018, Education cess and secondary education cess presently applicable @ 3% has been abolished and replaced with Health and Education Cess applicable @ 4%.


Accordingly, the withholding tax rates for interest earned on NRO savings bank account and Deposits will be as under:


Total Interest Earned on NRO Deposits and SB accountsWithholding tax rate%
Less than or equal to ₹ 50 lakhs
31.2% (tax rate @ 30%+surcharge 0% + cess 4%)
Greater than ₹ 50 lakhs but less than ₹ 1 crore
34.32% (tax rate @ 30%+surcharge 10% + cess 4%)
Greater than or equal to ₹ 1 crore
35.88% (tax rate @ 30%+surcharge 15% + cess 4%)


Any interest paid / accrued on or after April 1, 2018 will be subject to the mentioned withholding tax rates.