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Deposits
Deposit a minimum monthly instalment of Rs. 1,000 and in multiples of Rs. 500 thereafter
Transfer funds every month from your NRE Savings account
Attractive interest rates available
1 year to 10 years
Funds are fully repatriable and easy movement is possible
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Minimum instalment of Rs. 1,000 only; and in multiples of Rs. 500 thereafter
Tenure can range from 1 year to 10 years
Free Internet Banking allows 24-hour access to your account from anywhere at any time
Funds are fully repatriable
Competitive exchange rates available when converting foreign currency into Rupees
Interest earned not taxable in India
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General (1 year < 13 months) 6.75% Less than 1 Cr
Sr. Citizen (1 year < 13 months) 7.25% Less than 1 Cr
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Introduction of Standing Instruction Bounce Charge w.e.f. May 1, 2016
With effect from 1st July 2016, Demand Draft Charges applicable for Domestic and NRI Savings accounts have been revised
Please note that w.e.f. 1st May 2016, Monthly Service Fees for NRI Savings accounts has been revised.
Axis Bank launches enhanced set-off facility at portfolio level for PIS transactions with effective from 1 April, 2016
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