FEATURES
Claim full tax exemption for investments up to 1.5 lakhs in a financial year under section 80c of the Indian Income Tax Act, 1961
Section 80c is available to NRIs only if you have income other than investment income and long term capital gains
Get interest credited to your account every month or quarter
View the latest interest rates for a NRO Tax Saver Fixed Deposit
5 years (lock-in period)
Even if my deposit is locked for 5 years, I get monthly interest
Minimum investment of ₹ 100 and then in multiples of ₹ 100 up to ₹ 1.5 lakhs in a financial year
You can open an NRO Tax Saver FD jointly but only the first holder will get the tax benefit
