Online money transfer to india
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Depending on market conditions, booking an FCNR deposit with Forward Cover may be better than NRE Deposit. Contact your relationship manager to know more details.

  • Features & Benefits

    Why choose this product:

    • Hedge your foreign exchange risk on your Fixed Deposits
    • Book a forward cover for tenure of 1,2,3,4 or 5 years
    • Book cross currency forwards
    • Premature withdrawal allowed (subject to terms & conditions)
    • Earn higher yield than your normal FCNR Deposit / NRE Deposit
    • Repatriate the proceeds on maturity
    • Simplified documentation
    • Book a forward contract on your foreign currency deposit for a tenure ranging from 1 to 5 years.
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