Sunday, June 15, 2008

Latest NRE Term Deposit Interest Rate Comparison - As of 15th June, 2008

Interest Rates have gone up over the last couple of months. NRE Term Deposit Interest Rate comparison as of 15th June, 2008:

Click here to see the latest interest rates!

Bank1-2 year2-3 year3-5 year
HSBC3.16%3.46%3.81%
ICICI3.16%3.46%3.81%
HDFC3.16%3.46%3.81%
Axis3.16%3.46%3.81%
IDBI3.16%3.46%3.81%
Barclays3.16%3.46%3.81%
PNB3.16%3.46%3.81%
Bank of India3.16%3.46%3.81%
Oriental3.16%3.46%3.81%
Canara3.16%3.46%3.81%
SBI3.16%3.46%3.81%
Dena3.16%3.46%3.81%
Yes3.16%3.46%3.81%



Given that most of the banks are offering same interest rates, what an investor needs to watch out for are:
- Minimum deposit amount
- Service Charges


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