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OIFC

The Kotak Mahindra Group has joined the Overseas Indian Facilitation Centre (OIFC) as a Strategic Partner. This alliance will give Kotak a platform to share its comprehensive range of Wealth Management Advisory and Investment offerings in form of products and...»

NRI Tools

Tools for planning your investments

Risk Profiler

Estimate and understand your investment risk profile based on 11 questions to help recognize the right investment type for your profile.»

Investment Wizard

Use this simple wizard for getting started on your india investments with three easy steps.»

PAN Assistance

Apply now for an NRI PAN Card

PAN Procedure

Every Indian citizen entering a financial transaction in India is mandatorily required to have a Permanent Account Number. It is the sole identification number for the purpose of tax payments and investments.»

PAN Application

How to Apply for an NRI PAN Card? Read Instructions to fill Form 49A, the application form for a PAN.»

NRI Tax Advisor

Get tax advice and more from our NRI experts

Beware of AIR Reports of Taxmen

The Government of India is in a very aggressive mode as far as collecting information about large financial transactions is concerned and also about tracking tax evaders.»

Section 14A of the Income-Tax Act

Section 14A was brought onto the statute by the Finance Act, 2001 with retrospective effect from 1st April, 1962.»

Tax Alert

Foreign Companies need to procure PAN- Read Details...»

Advisor's Profile

Ameet Patel is a Chartered Accountant and a tax partner at Sudit K Parekh & Co., Chartered Accountants. Ameet is a rank holder and has secured ranks at the Inter and Final CA examinations at the all India level.»

FEMA Updates

Updates on NRI banking guidelines issued by FEMA

Overdraft Facility

Overdraft limit against NRE and FCNR Deposits enhanced to Rs.100 Lakhs against the previous overdraft limit of Rs.20 Lakhs....»

Credit to NRE encashment

Proceeds of demand drafts/ banker's cheques issued against encashment of foreign currency can be credited to NRE accounts where such instrument issued is supported by an Encashment Certificate issued by AD category I/ category II (Authorised Money Changers)....»

NRO account

Remittance facility is available upto USD 1 million per financial year subject to prescribed documentation....»

Convert Currency

  • Use our currency calculator to convert your transfer amount

Apply for NRI PAN

  • Why do I need a PAN?
    Every NRI must have a Permanent Account Number to trade or invest in India for almost all transactions.

Compare Accounts

Confused about which account to choose? Use the compare account guide.

Status Tracker
Foreign Exchange Rates -
  • USD $
  • Euro
  • GBP £
  • AUD $
  • CAD $
  • SGD $

*Indicative Bank sell rate -TeleTransfer

View all Forex Rates

Interest Rates -

Maturity Period: 3 Years

  • NRE/NRO SB 4% pa
  • NRO TD
  • NRE TD

Maturity Period : 1 year

  • FCNR (USD)
  • FCNR (GBP)
  • FCNR (EUR)
  • FCNR (YEN)

*Interest rates subject to change

View all Interest Rates


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