FEATURES
Invest as little as ₹ 1,000 and in multiples of ₹ 100 thereafter up to Rs 2,99,99,900
Earn interest rate on fd at par with an NRE Fixed Deposit
Interest is compounded quarterly
Get the interest pay out on maturity
View the latest interest rates for a NRE Recurring Deposit
On my small RD, I enjoy an interest rate equal to an FD
1 year (and in multiples of three months thereafter) to 10 years
The RD has a lock-in period of 1 year (if you close your deposit within a year, you will receive only the principal amount and no interest)
Enjoy a 5-day grace period after instalment due date, during which no penalty will be charged
