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Deposits

NRI-Pro Rupee Deposit

Invest in an FCNR deposit linked forward cover product earning higher INR yield by locking-in the conversion rate

Attractive Returns

Combines attractive interest rates with added advantage of rising exchange rates

No Capital Risk

No capital risk involved as money is invested in Fixed Deposit

Forward Contract

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

Low Minimum Deposit

USD 10,000 or equivalent with Tenure from 3 months to 5 years

Fees and Charges

Features and Benefits

The following cannot open an account

  • Residents who travel overseas for health and medical check up, or
  • For any tour abroad for their short visit whether on excursion or business promotion, or
  • Residing in Bangladesh or Pakistan without prior approval of RBI, or
  • Residing in Nepal and Bhutan, or
  • Seafarers employed by Indian shipping companies

Fees and Charges

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