November 30, 2009. DBS Bank, a foreign bank headquartered in Singapore with several branches in India, is offering the highest interest rate for NRO fixed deposits.

DBS Bank is offering an interest rate of 8.60% for NRO fixed deposit terms of over 5 years for deposit amounts of Rs. 15 lakhs to Rs. 50 lakhs. For deposit amounts of less than Rs. 15 lakhs, DBS bank is offering an interest rate of 8.50% for terms of over 5 years.

The second highest interest rate of 8.00% for NRO fixed deposits is offered by DBS Bank also. This interest rate is offered for a term of 5 years.

Many other attractive interest rates of over 7.00% are available for NRO fixed deposits. NRIs can get the best interest rates for NRO deposits by visiting Ratekhoj’s NRO fixed deposit comparison section.

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