NRI NRE/NRO FD Interest Sizer is a verified banking & loans calculation tool on Calcify. Compare tax-free NRE Fixed Deposit maturity against taxable NRO Fixed Deposit (with 30% + cess TDS). All calculations execute locally in your browser with multi-currency support, visual breakdowns, and white-label client exports.
NRE earns ₹1,39,157 MORE net interest than NRO after 31.2% TDS
NRE_Net_Gain = P × (1 + r_NRE/4)^4t - P; NRO_Net_Gain = Gross_NRO_Gain × (1 - TDS%)
Example Inputs: FD Deposit Principal: ₹2000000 · NRE FD Interest Rate (Tax-Free): 7.1 % · NRO FD Interest Rate (Taxable): 7.25 % · NRO TDS / DTAA Tax Rate: 31.2 % · Deposit Tenure (Min 1 Yr for NRE): 3 Years
Example Output: Tax-Free NRE Maturity Value: ₹24,70,150 (NRE earns ₹1,39,157 MORE net interest than NRO after 31.2% TDS)
The NRI NRE/NRO FD Interest Sizer on Calcify applies the verified mathematical formula: NRE_Net_Gain = P × (1 + r_NRE/4)^4t - P; NRO_Net_Gain = Gross_NRO_Gain × (1 - TDS%). Every input is validated in real time with multi-currency formatting to ensure zero rounding or division errors.
NRE FD interest is 100% exempt from Indian income tax under Section 10(4)(ii), whereas NRO FD interest attracts 30% + 4% cess TDS (or lower DTAA rate).
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