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Open the deposit jointly with a Resident Indian
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Avail of a loan on upto 75% of your deposit
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Repatriate the interest on your deposit
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Interest credited at least every three months
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Nomination Facility available
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Cluster Deposit:
Your NRO Deposit is held in clusters of Re.1, thus allowing you to encash part of the deposit amount, making it possible for you to withdraw part of the deposit before the maturity date, while the balance continues to earn interest at the contract rate.
- Initial Fixed Deposit: Rs. 25,000/-
- Add-on Fixed Deposits: Rs. 10,000/-
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Tenure
- Minimum: 7 Days
- Maximum: 8 years
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