# New Hampshire — Security deposit interest requirements by US state — which states make a landlord pay interest on a held deposit, and at what rate, quoted from the statute

For New Hampshire, interest required is Yes; rate or how it's set is a rate equal to the interest rate paid on regular savings accounts in the New Hampshire bank, savings and loan association, or credit union in which it is deposited; condition that triggers the duty is Only once the landlord has held the deposit for a period of one year or longer; citation is N.H. Rev. Stat. Ann. § 540-A:6, IV(a), recorded from its source on 2026-09-02.

- **Jurisdiction:** New Hampshire _(our reading, not quoted from the source)_
- **Interest required:** Yes _(our reading, not quoted from the source)_
- **Rate or how it's set:** a rate equal to the interest rate paid on regular savings accounts in the New Hampshire bank, savings and loan association, or credit union in which it is deposited _(verified: appears in the quote below)_
- **Condition that triggers the duty:** Only once the landlord has held the deposit for a period of one year or longer _(our reading, not quoted from the source)_
- **Citation:** N.H. Rev. Stat. Ann. § 540-A:6, IV(a) _(our reading, not quoted from the source)_

## What the source says

> A landlord who holds a security deposit for a period of one year or longer shall pay to the tenant interest on the deposit at a rate equal to the interest rate paid on regular savings accounts in the New Hampshire bank, savings and loan association, or credit union in which it is deposited, commencing from the date the landlord receives the deposit or from September 13, 1977, whichever is later.

## Source

- https://www.gencourt.state.nh.us/rsa/html/LV/540-A/540-A-6.htm

Last verified: 2026-09-02. Review by: 2027-03-01.
Part of [Security deposit interest requirements by US state — which states make a landlord pay interest on a held deposit, and at what rate, quoted from the statute](https://referencesource.org/security-deposit-interest-requirements-by-state/).