Open a Fixed Deposit account in INR and enjoy attractive returns for various tenures ranging from 1 year to 5 years.

• The deposits is maintained in INR only
• Minimum amount INR 100,000
• Multiple tenure options ranging from 1 year to 5 years
• Deposit can be held jointly by a Non-Resident Indian (persons of Indian nationality or origin) / by a Resident Indian close relative (Former or Survivor basis).
• Principal & Interest are fully repatriable
• Hassle-free renewal: Automatic renewal of your deposits on maturity.
• Interest earned is exempted from Tax in India

Choose from a wide range of tenures and enjoy attractive interest rates applicable to local resident deposits. The Non-Resident Ordinary (NRO) term deposit is repatriable overseas from India after the deduction of applicable taxes.

• Low deposit amounts from INR 100,000
• Multiple tenure options ranging from 7 days to 5 years
• Deposit can be held jointly with a Non-Resident Indian (persons of Indian nationality or origin) / or with a Resident Indian on former or survivor basis.
• Easy movement: Interest earned in current financial year is fully repatriable (after deducting tax). Funds in NRO accounts can be repatriated up to USD 1,000,000 per financial year for all
  bona fide purposes.
• Hassle-free renewal: Automatic renewal of your deposits on maturity.
• Interest earned is taxable in India.
• NRO deposits are maintained in Indian rupees only.

Terms & Conditions
Premature closure of deposit is permitted and may be subject to a penalty fee.