NRE / NRO FD Calculator
Fixed deposit returns for NRIs — and the big tax difference: NRE interest is tax-free in India, NRO interest loses ~30% to TDS.
Maturity Amount (tax-free)
₹0
Interest Earned₹0
TDS Deducted (30% + cess = 31.2%)₹0
In-Hand at Maturity₹0
NRE Advantage over NRO (same deposit)₹0
NRE deposits: funded from foreign earnings, interest fully tax-free in India, principal and interest freely repatriable. NRO deposits: for India-sourced income (rent, dividends), interest taxed at 30% TDS plus cess (31.2%) — reducible via DTAA rates (often 10-15%) by filing Form 10F, and repatriation is capped at USD 1 million/year. Interest compounds quarterly, the Indian bank standard. NRE interest may still be taxable in your country of residence. Estimates only.