RFC Account - Resident Foreign Currency Account

RFC Account - Resident Foreign Currency Account

Retain foreign earnings and convert them to Indian rupees when needed with HDFC Bank’s RFC Accounts for Returning NRIs. The money in this account is fully repatriable for bona fide use. You may also convert your NRE/NRO Savings and current account to Resident savings account and invest in wide range of Products available with your Bank. You may also avail Overdraft against your Fixed Deposits or Loan against Securities. CLICK HERE to know the process of converting your existing NRE/NRO accounts to resident 

RFC Savings Account

An ideal account for foreign earnings of returning NRIs

RFC Savings Account
  • First Feature IconOpen your RFC account in three currencies – USD, GBP and EUR
  • Second Feature IconRetain foreign exchange in the currency you earn it in
  • Third Feature IconWithdraw cash in Indian rupees

RFC Fixed Deposits

Protect your earnings from forex risks with an RFC Fixed Deposit

RFC Fixed Deposits
  • First Feature IconCreate a Fixed Deposit for your forex earnings in a choice of four currencies
  • Second Feature IconConvert to Indian rupees whenever you need
  • Third Feature IconEnjoy tax exemptions on interest on declaration of Resident but Not Ordinarily Resident status

Overdraft Against Fixed Deposits

Avail up to 90% of overdraft on your fixed deposit instantly
  • Link your current or savings account to a Fixed Deposit
  • Get an overdraft to tide over cash flow issues with such linking
  • Pay interest only on the overdrawn amount for the period it is used

Loan Against Securities

  • Get up to 80% of the value of securities pledged
  • Get loan against the widest range of securities in the industry
  • Choose between an overdraft and a term loan
  • Pay interest only on loan amount utilized
  • Avail loan against shares and mutual funds 24X7 via NetBanking

DigiDemat & Trading Account

Open Demat & Trading account online from the comfort of your home or office, anytime.
  • Paperless - No documentation or signature needed
  • Easy - Hassle free account opening in less than 10 clicks
  • Quick - Open Demat account in 5* mins and get going your investment plans!
Travel Insurance

Travel Insurance

Whether you are travelling abroad on business, pleasure, or for education, HDFC Bank has you covered with its Travel Insurance products. Choose from a wide range travel insurance plans with comprehensive coverage and 24x7 international assistance. You can benefit from features such as cashless claims and the ability to choose a term that matches your period of study.

Health and Accidental Insurance

Health and Accidental Insurance

Get set to deal with exigencies such as personal accident, critical illness, and hospitalisation

Life Insurance

Life Insurance

Protect yourself and your family from life’s uncertainties with HDFC Bank’s wide range of Life Insurance products – based on your life stage, your requirement, and your investment income.

Mutual Funds

Mutual Funds

Mutual funds give you the ability to easily invest in increasingly complicated financial markets. Mutual Funds could be Equity funds, Debt funds, floating rate debt or balanced funds. A large part of the success of mutual funds is also the advantages they offer in terms of diversification, professional management and liquidity.

Offshore Investments

Offshore Investments

Continue to invest and hold your investments in global markets via HDFC Bank Bahrain Branch Call account. Invest in multiple currencies and across different geographies and asset classes. Hold Offshore deposits in 4 major currencies. Diversified range of investment solutions with our global partners