Saturday, August 9, 2008

Latest NRE Term Deposit Interest Rate Comparison - As of 9th August, 2008

Interest Rates have gone up over the last couple of months. NRE Term Deposit Interest Rate comparison as of 9th August, 2008:


Click here to see the latest interest rates!



Maturity Period
Interest rates (percent per annum) w.e.f. August 01, 2008.
12 months and above but less than 18 months 
3.25
18 months and above but less than 24 months
3.25
24 months and above but less than 36 months
3.50
36 months to 120 months
3.86
 
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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