Top 10 FCNR (B) Deposit Rates for NRIs in August 2026

Indian banks are offering attractive USD FCNR (B) deposit rates for non-resident Indians (NRIs) and overseas citizens, with rates effective from August 2026. IDFC FIRST Bank leads with 6.75% for tenures of 3-5 years, followed by PNB, Bank of Baroda, Indian Bank, and Indian Overseas Bank at 6.50%. HDFC Bank and ICICI Bank offer 6.25%, while SBI, Axis Bank, and Canara Bank provide lower rates. These fixed deposits allow NRIs to earn higher returns on foreign currency savings.