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Protect your account from exchange rate risks by holding the monies in one of four foreign currencies.
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TDS (Tax Deducted at Source) exemption can be claimed on Interest earned basis declaration of RNOR (Resident but Not Ordinarily Resident) status, if eligible, at the start of the financial year.
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Funds can be repatriated for bonafide reasons by the account holder.
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Account balances can be transferred to NRI Accounts (Rupee / Foreign Currency), on regaining NRI status.
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Withdrawals in Indian Rupees are permitted from your RFC Account.
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The RFC Savings account can be held jointly with other eligible persons.
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Nomination Facility is available on an RFC Savings account.
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You will receive FREE Quarterly Statements of your account. Monthly statements and Duplicate statements are available at a fee.
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Enjoy FREE 24-hour PhoneBanking to carry out a variety of transactions.
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Enjoy the convenience of banking at any of our branches in India.
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