State Bank of India revises interest rates on NRE/NRO term deposits

With effect from 18 September 2014

State Bank of India has announced revision in Interest Rates of NRE/ NRO Term Deposits (Below Rs One crore) with effect from 18 September 2014 for the following tenure:

For NRO Term Deposits with tenure 180 days to 210 days - 7.25% (revised rate)

For NRE Term Deposits with tenure 1 year to less than 3 years - 8.75% (revised rate)

For NRO Term Deposits with tenure 1 year to less than 3 years - 8.75% (revised rate)

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