NRIs can maintain their monies in Indian rupee denominated deposits and enjoy the benefits of higher interest rates. The monies in these deposits can be repatriated subject to payment of taxes and compliance with RBI regulations. Deposits can be held for a period of 7 days to 10 years.

NRIs can have a resident as a joint account holder. Interests earned on these deposits are taxable at 30% plus surcharge.

If you feel the need to leverage your deposits we provide you easy liquidity by offering you the facility of loans against your deposits.