NRE vs NRO FD: SBI, HDFC, Axis, PNB rates

Published 23 July 2026 · finance

Synopsis NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest

Synopsis NRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts hold international funds. Interest on NRO deposits faces tax, unlike NRE accounts which are ta free. NRE funds are fully repatriable, and NRO funds have a yearly repatriation limit. Major banks offer similar interest rates on both NRE and NRO fixed deposits.

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