Which is better: NRE or NRO FD?

NRE FDs are generally better because the interest is 100% tax-free in India and the principal/interest are fully repatriable. NRO FDs are better only if you have Indian income (like rent) that needs to be parked in India.

What is the TDS rate on NRO FD interest?

For NRIs, the TDS rate on NRO FD interest is 30% plus 4% cess, totaling 31.2%. This can be reduced if you claim DTAA benefits.

NRE vs NRO FD CalculatorFY 2026-27

Compare tax-free NRE FD returns against 31.2% TDS NRO FD returns.

Quick Summary: NRE vs NRO FD Calculator

NRE FDs are 100% tax-free in India, while NRO FD interest attracts a flat 31.2% TDS for NRIs. NRE accounts are ideal for foreign earnings, while NRO accounts are for Indian income. Choose NRE for higher post-tax yields and full repatriability.

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Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.