Logon To

NetBanking

Quickremit

Login

Register

Know More

You are here:

Home >

NRI Banking home >

Accounts & Deposits >

Accounts for Returning Indians

Apply Online

VeriSign Secured

ACCOUNTS FOR RETURNING INDIANS

At HDFC Bank, we offer you 2 options for Returning Indians. Take a look.

RFC Savings Account

RFC Fixed Deposit


	Purpose
	Maintain account in foreign currency even as you can withdraw cash in Indian Rupees	Maintain account in 4 foreign currencies and protect yourself against exchange rate fluctuations
	Transfer
	Balance can be transferred on regaining NRI status	Funds can be remitted abroad for any bonafide Authentic, genuine purpose of the account holder
	Repatriation Transferring money from India to foreign country
	Repatriate funds on bonafide reasons	Repatriate funds on bonafide Authentic, genuine reasons
	Taxation
	Earn tax exemption on interest accrued on declaration of Resident but Not Ordinarily Resident status	Earn tax exemption on interest accrued on declaration of Resident but Not Ordinarily Resident status
	Nomination facility
	Nomination facility is available	Nomination facility is available
	Interest payment
	Interest is credited quarterly	Interest is credited quarterly
	Taxation
	TDS (Tax Deducted at Source) exemption can be claimed on interest earned basis declaration of RNORA person is said to be a resident if (A) He has stayed in India during the previous year for 182 or more days OR (B) He has stayed in India for a period of at least 60 days during the relevant previous year and at least 365 days during the 4 years preceding that previous year	TDS (Tax Deducted at Source) exemption can be claimed on interest earned basis declaration of RNORA person is said to be a resident if (A) He has stayed in India during the previous year for 182 or more days OR (B) He has stayed in India for a period of at least 60 days during the relevant previous year and at least 365 days during the 4 years preceding that previous year
	Joint holder
	Can be held jointly with other eligible persons	Can be held jointly with other eligible persons

You can:

Apply Online

Have Us Call You in 3 Hours

Download Form

Chat with us

Disclaimer: Products & Services available with HDFC Bank Ltd in India for NRIs in USA

© HDFC Bank Ltd. All rights reserved

Website designed & maintained by Indigo Consulting

Registered address: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai, India - 400 013.