Depositors opting for the cumulative option of HDFC NRE deposit can also use online FD calculator to find their total interest income and maturity amount. They are also eligible for nomination facilityĬonsumers wishing to open HDFC NRE deposit can use the FD calculator of HDFC Bank to check their interest income and maturity amount.Depositors can avail sweep-in facility on their NRE fixed deposits.
You can open an FD for as less as 5,000, and use it as a back-up for your savings or current account with Sweep-in and Super Saver Facilities. Choose a tenure and amount of your choice to grow your income in a steady fashion. The FD rates range from 3.0 to 7.75 depending upon the tenure. As we know well, properly selected equity investments grow up to 20 per annum whereas the plain NRE savings rate is 4 and fixed deposits these days dont.