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Invest in an NRE deposit linked forward cover product designed to earn high yields in Foreign Currency

NRI-Pro Foreign Currency Deposit

Axis Bank offers NRIs the NRI Pro Foreign Currency deposit. Through this foreign currency deposit, 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. Another benefit of NRI Pro Foreign Currency Deposit also includes combines attractive interest rates with added advantage of rising exchange rates. With this plan, there is no capital risk involved as money is invested in Fixed Deposit. The Forward can be booked on existing Fixed Deposit or fresh Fixed Deposit.

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NRE or NRO – Which Account Best Suits Your Needs?

Mahesh is a Non Resident Indian (NRI) living in the UK. He is doing well in the business that he set up there....

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