Foreign Currency

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.

Hedge exchange rate fluctuations

Use the locked-in exchange rate to convert rupee funds into foreign currency at the end of the tenure and get higher returns

Get attractive returns on your investments

Attractive interest rates with the added advantage of rising exchange rates

Invest safely without any capital risk

No capital risk involved as money is invested in Fixed Deposit

Plan ahead with a Forward Contract

Forward can be booked on existing Fixed Deposit or fresh Fixed Deposit

Choose tenure option as per your requirements

Tenure options from 3 months to 5 years

Start off with a minimum deposit

From as low as Rs. 5,00,000 or equivalent

Earn tax-free interest

Interest earned not taxable in India

Easily repatriate funds

Earnings are fully repatriable on maturity

NRI Easy Guide

NRI Easy Guide