Designed exclusively for the Non-Resident Indians (NRIs), the NRO Recurring Deposit from Ujjivan Small Finance Bank offers an opportunity to invest their income earned in India and enjoy competitive interest rates.
Minimum Deposit Amount - ₹1,000 and multiples of ₹100 thereafter.
Minimum Tenure – 12 months, extendable in 3-month increments
Maximum Tenure – 10 years
Higher interest rates up to 7.55%* p.a.
Premature closure option
Find out the interest you will earn on your Recurring Deposits and plan your investments better!
Below mentioned are the Interest Rates with effective from 05th June 2026
Tenure | Interest Rate (p.a.) |
6-9 months | 5.50% |
12-21 months | 7.25% |
24 months | 7.40% |
27-36 months | 7.25% |
39-42 months | 7.55% |
45-60 months | 7.20% |
63-120 months | 6.50% |
*Disclaimer: Interest rates are subject to change by the bank without any prior notice
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NRI customers of Ujjivan SFB with valid KYC. Customers with pending KYC or expired passport/visa are not eligible.
The monthly instalment must be funded from your existing NRO Savings Account.
The maturity or pre-closure amount will be credited to the same NRO Savings Account.
Yes. Interest earned is subject to applicable TDS.
No. Partial withdrawals are not allowed.
No. Overdraft facility is not available.
Yes, premature closure is permitted.
For detailed information on charges and penalties, refer to NRE/NRO Schedule of Charges under Service Charges and Fees.
A penalty of 1.5% of the instalment amount + applicable GST will be deducted from the overall interest at maturity or pre-closure.
Yes. The Recurring Deposit must be closed before the linked NRO Savings Account is closed.
