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NRI-Pro
Foreign Currency
Deposit

Are you an NRI and looking to Invest and earn higher returns than Fixed Deposits? Axis Bank offers the NRI Pro Foreign Currency deposit. Through this, you can invest in an NRE deposit linked forward cover product designed to earn high yields in foreign currency. With the NRI Foreign Currency Deposit you get a low minimum deposit along with attractive interest rates with added advantage of rising exchange rates. With this, there is no capital risk involved as money is invested in Fixed Deposit.

The following individuals are eligible to open an NRE/ NRO Savings Account:


NRI (Non Resident Indian)
An Indian citizen residing outside India for the purpose of:

  • Employment, studies, business or vocation
  • Individual posted in UN organisation or official deputed abroad by Government of India or public sector undertakings
  • Indian nationals who may be Mariners or working on oil rigs or foreign registered airlines

PIO (Person of Indian origin)/ OCI (Overseas Citizen of India)
An individual holding a Foreign passport (other than Pakistani and Bangladeshi) who:

  • Has held an Indian passport at any point of time
  • Parent or their grandparent was Citizen of India by virtue of the Constitution of India or India Citizen Act 1955
  • Is a spouse of an Indian Citizen or spouse of PIO

NRI Easy Guide

NRI Easy Guide

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