The Economic Times

NRO FD interest rates 2026: SBI, HDFC, PNB, ICICI, Axis offer up to 6.75% rate on deposits up to Rs 3 crore

Non-Resident Indians can park their Indian income in NRO fixed deposits. These deposits offer attractive interest rates, with some banks providing up to 6.75 percent. Banks like Bank of Baroda offer the highest rates on specific tenures. Investors should consider tax implications and Double Taxation Avoidance Agreements. Understanding these factors helps maximize returns on NRO fixed deposits.