NRI FD Rates

State Bank of India NRI FD Rates

RBI Regulated • Since 1955

AUM of 61+ lakh crore

500 Million customers served

22,500+ Number of branches

GIFT City FD interest rates

Updated by Belong on 21st April 2025

Tenure

ROI (p.a) USD up to 1 Mn

ROI (p.a) USD 1 Mn and above

7D - 1M

4.15%

4.25%

1M 1D - 3M

4.45%

4.55%

3M 1D - 6M

4.60%

4.70%

6M 1D - 9M

4.75%

4.85%

9M 1D - 12M

4.80%

4.90%

1Y 1D - 2Y

4.65%

4.75%

2Y 1D - 3Y

3.90%

4.00%

3Y 1D - 5Y

3.75%

3.85%

Effective - 24th March 2025

20 bps penalty on interest in case of premature closure (on the rate applicable for actual deposit tenor)

Interest will be calculated on actual / 360D (simple interest)

We got this data from - https://bank.sbi/

About NRI fixed deposits

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Belong app is operated by Betafront Technologies Pvt Ltd and its subsidiary, Betafront Financial Services (IFSC) Private Limited which is a licensed Payments Services Provider (PSP) under International Financial Services Centres Authority (IFSCA) in GIFT City.

USD fixed deposits to be provided on Belong app are by branches of trusted India banks present in GIFT City. These banks are regulated by IFSCA in GIFT City as well as by RBI.