Surpass your investment milestones, while others barely manage to meet them. Plan your short- and long-term financial goals with SBM NRE Deposit to enjoy high tax-free returns, flexibility, and free repatriability. Your investment is converted into Indian rupees, which on repatriation, can be converted into the currency of your choice.

Winning features with real benefits:

NRE Deposits are risk averse with a quick and seamless process

Secure investment
Secure Investments

Attractive interest rates with quarterly compounding.

High returns
High Returns

Automatic renewal of your principal and interest on maturity.

Hassle-free renewal
Hassle-free renewals

Fund your FD with any convertible currency for a flexible tenure.


Get tax-free returns in India.

Tax benefit
Tax Benefits

Full and Free repatriability for both principal and interest.


Nomination option enabled.

Secured savings
Secured Savings

Competitive exchange rates on the conversion of your foreign currency into rupees.

Favourable conversion rates
Favourable Conversion Rates

We are here to assist you with all your banking needs.

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NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account. | DIAL 1930 FOR ONLINE FINANCIAL FRAUD. REPORT ANY CYBERCRIME AT WWW.CYBERCRIME.GOV.IN | Dear Customer, in line with RBI regulation, if there are any changes/updates in the KYC documents you previously submitted with the Bank, please provide the updated documents within 30 days of such changes.