NRI Banking

NRE vs NRO FD Calculator

Compare the net maturity of tax-free NRE Fixed Deposits against fully taxable NRO Fixed Deposits for NRIs.

Deposit Terms

Principal Amount (₹)

Tenure (Years)

NRE Interest Rate (%)

NRO Interest Rate (%)

NRO TDS Rate (%)

Usually 30% for NRIs plus surcharge/cess.

Post-Tax Maturity

NRE Account (Tax-Free)

₹12,25,043

Interest: ₹2,25,043

NRO Account (Taxed)

₹11,62,348

TDS Deducted: ₹69,578

NRE FD gives higher returns by:

₹62,695