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Currency |
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6 foreign currencies - US Dollars, Pounds
Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars
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6 foreign currencies - US Dollars, Pounds Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars |
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Purpose |
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Deposit in foreign currency protecting you from exchange
rate risks |
Forward cover product that converts your FCNR FDs in INR at a pre-determined fixed rate. |
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RepatriationTransferring money from India to foreign country
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Principal and interest fully repatriable |
Repatriate proceeds on maturity |
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Taxation |
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Tax exemption on entire deposit |
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Joint holder |
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Can be held jointly with other NRI customers |
Available for FCNR FDs held jointly. |
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Tenure |
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Min. 1 year
Max. 5 years
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Book a forward cover for a tenure ranging
from 1 to 5 years |
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