NRE Recurring Deposit

Build your wealth systematically with Ujjivan SFB’s NRE Recurring Deposit, designed for NRIs looking to invest foreign income in India. Enjoy complete benefit of higher interest rate with Tax free returns with flexible, manageable monthly instalments, offering complete repatriation of principal and interest.

Key Features

Minimum deposit amount of ₹1,000 and in multiples of ₹100 thereof

Minimum Tenure – 12 months, extendable in 3-month increments

Maximum Tenure – 10 years

Top Benefits of our NRE Recurring Deposit

Higher interest rates up to 7.80%* p.a.

Earn tax-free interest

Premature closure

Deposit amount and interest earned are easily repatriable

NRE RD Calculator

Find out the interest you will earn on your Recurring Deposits and plan your investments better!

What kind of customer are you?

How much are you planning to invest?

Min ₹100Max ₹2.99Cr

How long do you want to invest?

Disclaimer: The data generated herein is completely and solely based on the information/details provided by you and such information and the resultant data is provided only for user's convenience and information purposes. Ujjivan SFB does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy.

The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advice of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Ujjivan SFB does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against the bank. Neither Ujjivan SFB nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Ujjivan SFB Regular Fixed Deposit Interest Rates

Below mentioned are the Interest Rates with effective from 22nd June 2026

Tenure	Interest Rate (p.a.)
12-21 months	7.25%
24 months	7.80%
27-36 months	7.25%
39-42 months	7.55%
45-60 months	7.20%
63-120 months	6.50%

*Disclaimer: Interest rates are subject to change by the bank without any prior notice

#Ujjivanblogs

Latest Blogs

Catch up on the latest blog updates from your trusted bank!

FAQs

NRI customers of Ujjivan SFB with a valid and updated KYC. RD cannot be opened if KYC is pending or the passport/visa has expired.

The instalment will be debited from your existing NRE Savings Account.

The maturity or pre-closure proceeds will be credited to the same NRE Savings Account.

No. Interest earned on NRE Recurring Deposits is exempt from TDS (as per current regulations).

No. Partial withdrawals are not permitted.

No. Overdraft facility is not available against an NRE Recurring Deposit.

Yes, premature closure is allowed.

For detailed information on charges and penalties, refer to NRE/NRO Schedule of Charges under Service Charges and Fees.

A penalty of 1.5% of the instalment amount + applicable GST will be deducted from the overall interest at maturity or pre-closure.