CSB Bank Interest Rates on NRE FD Account Deposits
CSB Bank provides one of the best NRE FD interest rates for various tenors, catering to your needs as investors. The CSB Bank NRE FD rates amounting to less than ₹3 crore are as follows:
| Deposit Tenor |
Interest Rate (p.a.) Below ₹3 Cr |
| 12 months to less than 13 months |
5.00% |
| 13 months* |
7.40% |
| Above 13 months to 24 months |
5.50% |
| Above 24 months to ‘24 Months & 14 days’ |
5.75% |
| Above ‘24 Months & 14 days’ to 25 Months |
7.00% |
| Above 25 Months to 60 Months |
5.75% |
| Above 60 Months to 120 Months |
6.00% |
Note: These non-premature withdrawal interest rates are effective from May 2025. CSB Bank NRE FD rates are subject to change without prior notice.
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Fixed Deposits, Guaranteed Return Plans & Debt Mutual Fund
Guaranteed Return Plans, Fixed Deposits &
Debt Mutual Fund
Guaranteed Return Plans
Returns Before Tax
7.1% (TAX-FREE)
Fixed Deposits
Returns Before Tax
7% (TAXABLE)
Debt Mutual Fund
Returns Before Tax
8% (TAXABLE)
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*For annual premium upto ₹5 Lacs
The CSB Bank Retail (single deposit) NRE FD rates amounting to less than ₹3 crores are as follows:
| Deposit Tenor |
Single Deposit Interest Rate (p.a.) Below ₹3 Cr |
| 13 months* |
7.50% |
Note: These non-premature withdrawal interest rates are effective from May 2025. CSB Bank NRE FD rates are subject to change without prior notice. Individuals are to deposit the amount above ₹1 crore under the non-premature withdrawal category.
The CSB Bank NRE FD rates amounting to ₹3 crore to ₹100 crore and above are as follows:
| (Rate of Interest p.a.) |
| Tenors |
₹3 Crore to less than ₹5 Crore |
₹5 Crore to less than ₹10 Crore |
₹10 crore to less than ₹25 Crore |
₹25 crore to less than ₹50 Crore |
₹50 Crore to less than ₹100 Crore |
₹100 Crore & Above |
| 45 days to 59 days |
6.25% |
6.35% |
6.50% |
6.50% |
6.60% |
6.70% |
| 60 days to 89 days |
6.25% |
6.50% |
6.70% |
6.80% |
6.90% |
7.00% |
| 90 days to 119 days |
6.25% |
6.45% |
6.65% |
7.20% |
7.25% |
7.40% |
| 120 days to 270 days |
6.50% |
6.65% |
7.20% |
7.30% |
7.40% |
7.50 % |
| 271 days to 364 days |
6.50% |
6.70% |
6.90% |
7.10% |
7.30% |
7.60% |
| 365 days to 15 months |
8.00% |
8.00% |
8.00% |
8.00% |
8.00% |
8.00% |
| Above 15 months to 2 years |
7.25% |
7.10% |
7.00% |
7.00% |
6.90% |
6.90%
|
| Above 2 years to 10 years |
6.05% |
6.05% |
6.05% |
6.05% |
6.05% |
6.05% |
Note: These non-premature withdrawal interest rates are effective from May 2025. CSB Bank NRE FD rates are subject to change without prior notice.
Benefits of CSB Bank NRE Fixed Deposits
CSB Bank’s Term deposits (also known as Fixed Deposits) offer special benefits fulfilling the needs of many Non-Resident Indians. The features offered by CSB Bank NRE FD are:
-
Interest earned on CSB Bank NRE FDs is tax-free.
-
Both the principal and interest on CSB Bank NRE FDs are fully repatriable.
-
CSB Bank offers nomination facilities in favour of a Non-Resident/ Resident.
-
The CSB bank offers loan facilities against NRE FDs.
-
CSB Bank on NRE FDs allows joint accounts with other NRIs. Resident relatives can join as 'Former or Survivor' beneficiaries, gaining access only after the primary NRI account holder's passing.
What Are the Eligibility Criteria for a CSB Bank NRE FD Account?
Opening NRE account fixed deposits requires fulfilling certain eligibility criteria. The conditions are to be fulfilled in order to open a CSB Bank NRE FD account are:
-
The candidate must be a non-resident individual of Indian origin.
-
The candidate must belong to the category of a foreign national or a foreign national student.
-
A document to verify Indian and overseas addresses.
-
Must have one copy of a valid passport.
-
Proof to establish NRI, foreign national, foreign national student, PIO, or OCI status.
How to Open a CSB Bank NRE FD Account
To open an account and get good CSB Bank NRE FD rates, existing customers can follow the general steps given:
Step 1:
Visit the official website of CSB Bank.
Step 2:
Navigate to the NRI Term Deposit account opening form.
Step 3:
Download the form and duly fill it in.
Step 4:
Send the form to the bank and follow the further instructions as guided by the bank.
Documents Required to Open a CSB Bank NRE FD Account
To open the CSB Bank NRE FD account, the following general documents are to be submitted by you for the bank to review before opening your NRE FD account:
-
ID proof: Passport
-
Address proof (India & overseas)
-
Proof of Tax
-
Proof of NRI, foreign national, foreign national student, PIO or OCI status
-
Passport-size photograph
-
Overseas work/residence proof (visa/permit)
-
Any other document required by the bank.
Conclusion
The CSB Bank NRE FD rates ensure that you get higher interest rates on your deposits, leading to the growth of your funds. One of the best features of CSB Bank NRE FD is that the principal amount invested by the investor and the interest earned on it are completely repatriable, which allows for the transfer of the funds back to their home country when needed. Knowing the CSB Bank NRE FD rates is the first and foremost step in expanding your savings through a reliable and secure investment option.
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