NRE
Recurring
Deposit

Axis Bank offers the NRE Recurring Deposits. With NRE recurring deposits, you get easy funding and attractive interest rates along with flexible tenure and full repatriability. All these benefits makes it a great choice.

Fund your account with any convertible currency received from abroad

Deposit a minimum monthly instalment of Rs. 1,000 and in multiples of Rs. 500 thereafter

Free Internet Banking allows 24-hour access to your account from anywhere at any time

Continue earning interest with automatic renewals with automatic renewal of principal and interest on maturity

Benefit from long term investments - Deposits can be held for a period of 1 year to 10 years

Transfer funds overseas easily - Principal amount and interest earned are fully repatriable

Interest earned not taxable in India

Ensure easy operations With the nomination facility

Be assured of competitive exchange rates - Competitive exchange rates available when converting foreign currency into Rupees

NRI Easy Guide

NRI Easy Guide