Accounts
Deposits
Loans
Wealth & Insure
Payments
Cards
Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More

Notifications

  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

NRE Savings Account Interest Rate Calculator

For non-resident Indians, NRE savings accounts are the most viable financial instruments for managing their foreign earnings in India. As with conventional savings accounts, these accounts also offer interest on the deposited funds and are often used by Indians living abroad to manage their finances.

It is important to know the returns on your NRE savings account to plan your finances efficiently. That's why we offer an integrated online NRE savings account interest calculator that's free for anyone to use. This NRE savings account interest calculator tool helps you to quickly calculate the returns on your NRE savings account instantly in an easy and interactive way.

Read more

How to use the NRE savings account interest rate calculator?

The NRE savings account interest rate calculator from IDFC FIRST Bank is an easy-to-use online tool. It gives you an estimate of the amount of interest earned on your NRE Savings account based on your account balance and interest rates over a specific period. Follow the steps below to use it:

EMI Calculator Illustration

Step 1

Choose a specific amount by adjusting the slider from left to right in the account balance section.

Budget Management Calculator
Step 2

Next, adjust the ‘bank interest rate’ slider according to the interest rate offered by other banks on your NRE account.

Step 3

The savings account interest calculator will simultaneously calculate the interest earned as you adjust interest rates and account balances.



The slider buttons allow you to quickly and easily adjust the account balance and interest rate, so you can accurately calculate the interest earned over a period of time. This makes it easier to plan for future expenses and investments, and to make sure you are getting the best returns from your savings.

 

Discover Our Banking Products

Explore Financial Calculators

Loans

Savings Calculators

NRI Blogs

Convert Savings Account to NRI Account Effortlessly

If your residential status changes, you must convert your normal savings account to an NRI account as per FEMA guidelines. You can convert online or offline by filling out the account conversion form and submitting the relevant documents. An NRI account is useful because of its tax benefits, flexible repatriations, and seamless financial management. After converting your savings account to an NRO account, you can also open a new NRE or FCNR account, depending on your needs.

Team FinFIRST May 03 • 3 mins read

Read Full Story

Frequently Asked Questions

How is interest calculated on your IDFC FIRST NRE savings account?
Is the NRE account tax-exempt?
What is the procedure to apply for an NRE account?
What are the key differences between NRE and NRO accounts?
More FAQs