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FCNR Deposits
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FCNR Deposits
Earn Indian Interest Rates on your Foreign Currency deposits with our Foreign Currency Non-Resident Fixed Deposit.

Features & Benefits
Protect your deposit from exchange rate risks by holding the deposit in one of SIX foreign currencies
  • US Dollars
  • Pounds Sterling
  • Euro
  • Japanese Yen
  • Australian Dollars
  • Canadian Dollars
Both, Principal and Interest, are fully repatriable
The entire deposit (principal and interest) is exempt from tax
Open the deposit jointly with any other NRI
Avail of Super Saver facility to get an overdraft on your Savings / Current account against your FCNR Fixed Deposit
Nomination Facility available
Interest on your deposit is paid Half-yearly or Annually at your option
Minimum Initial Deposit
  • USD 1,000/-
  • GBP 2,500/-
  • Euro 2,500/-
  • JPY 7,50,000/-
  • AUD 1,000/-
  • CAD 1,000/-
Minimum Add on Deposit
  • USD 1,000/-
  • GBP 1,000/-
  • Euro 1,000/-
  • JPY 7,50,000/-
  • AUD 1,000/-
  • CAD 1,000/-
Tenure
  • Minimum: 1 year
  • Maximum: 5 years



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