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What is the minimum maturity period for an NRE (Non-Resident External) term deposit as per RBI regulations?
Question

What is the minimum maturity period for an NRE (Non-Resident External) term deposit as per RBI regulations?

A.

30 days

B.

45 days

C.

1 year

D.

3 years

E.

180 days

Correct option is C

As per the Reserve Bank of India’s Master Direction on Deposits and Interest Rates (updated 2025), the minimum maturity period for an NRE (Non-Resident External) term deposit is one year (12 months), while the maximum maturity period is up to ten years.​

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