NRI Fixed Deposits
Optimize your investments with NRE and NRO Fixed Deposits
About NRI FD
Looking to grow your savings in India? Whether you choose an NRE FD for your foreign earnings or an NRO FD for your income in India, our FDs ensure attractive returns, flexibility, and security.
NRE
Fixed Deposit
NRE FD helps you convert and save your overseas income in INR.
Features and Benefits
- Get an interest of 8.05% p.a. for 888 days!
- Tax will be exempted from the interest yield
- Choose your tenure right from 1 to 10 years
- No penalty on pre-closure
- You can nominate a family member
- The minimum deposit period for NR FD is 1 year
NRO
Fixed Deposit
NRO FD is ideal for managing earnings in India.
Features and Benefits
- You can start investing right from Rs. 1000
- Earn a higher interest rate when compared to NRE FD
- Choose your tenure right from 1 year to 10 years
- You can repatriate your entire principal and interest
- Open joint account holders with NRI or PIO
- Once the instalment is fixed, it cannot be altered
- Partial prepayment is not allowed
FCNR
(B) USD deposit
Foreign Currency Non-Resident (FCNR) Deposit
Features and Benefits
- Tax Implications- Interest earned on the FCNR Deposits is tax-free in India
- Currency: You can hold your deposits in multiple foreign currencies. Now available only in US Dollars
- Deposit Tenure: Maintain deposit for a minimum period of 1 year and a maximum period of 5 years
- Repatriation: Both the principal and interest are fully repatriable without limits
- Returns: Enjoy attractive and assured returns on your Deposits
