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  • Deposits

    NRE Rupee Deposit

    Get higher interest rates and seamless repatriability on foreign currency with Indian rupee term deposits

Convenient Transfers

Fund your account with any convertible currency

Flexible Tenure

1 to 10 years


Principal amount and interest earned are fully repatriable

Tax-Free Interest

Interest earned is not taxable in India

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Eligibility and Documentation

Fees and Charges

Features and Benefits

If you provide specific auto renewal instructions, the deposit will be renewed on maturity in accordance with the instructions. In the absence of any instructions, deposit will be renewed for the same period at the rates prevailing on the date of maturity.

You can avail of a loan against your NRE Deposits. The loan/overdraft can be used for personal purposes or for carrying on business activities other than:-

  • Relending
  • Agricultural/plantation activities
  • Real estate business

You can break your Deposit before the maturity period. NRE Deposits will qualify for interest only if they have run for a minimum period of 12 months.

As per current guidelines, funds in NRE Fixed Deposit Account are exempted from income tax in India.

You can have a nominee for the NRE Fixed Deposit Account.

You can hold the NRE Fixed Deposit Account jointly with other Non-Resident Indian(s).

No. NRO funds cannot be used to create NRE/FCNR Deposit.

Download Forms

Download Forms


Fixed Deposits

No Penalty on Withdrawal from your Fixed Deposit*

On First Partial Withdrawal upto 25% of your Original FD Principal value


Axis Bank Foundation PB

Now Papa drops me to school everyday. Thank you

With your support Axis Bank Foundation has reunited families.


Home Loan

Axis Bank Home Loan

Pay your EMIs regularly and get 12 EMIs waived off at no extra cost


Personal Loan Zero charges

Get Axis Bank Personal Loan

Starting from Rs. 50 thousand to Rs. 15 Lakhs


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