FEATURES


  • Book Fixed Deposit in 4 foreign currencies and protect your deposit from exchange rate risks
  • Earn tax exemption on interest accrued on declaration of Resident but Not Ordinarily Resident status
  • Repatriate funds on bonafide  reasons
  • Protect your savings from exchange rate risks

Depositing money to your account


To deposit money in your RFC Fixed Deposit, you can:

  • Use the funds brought from abroad on your return in a freely convertible foreign currency
  • Transfer funds from an existing NRE/FCNR Account held in other Banks

ELIGIBILITY

RATES

DOCUMENTATION