Foreign exchange earnings

Open your RFC account in three currencies USD, GBP and EURO

Retain foreign exchange in the currency you earn in

Transfer balances to NRI accounts (INR or foreign currency) if you regain NRI status

Withdraw cash in Indian rupees

Transfer funds

Hold your funds brought from abroad on your return in a freely convertible foreign currency

Transfer funds from an existing NRE/ FCNR account with another bank in India

Tax benefits

Enjoy tax exemptions on interest on declaration of Resident but Not Ordinarily Resident status


Repatriate funds for bona fide use

Ways to bank

Enjoy free 24-hour PhoneBanking services

Access your account any HDFC Bank branch in India

Statements & alerts

Stay up to date with your account with free email statements

Nomination Criteria

Name a nominee for your RFC Account