NRO Term Deposits
Salient Features
- No penalty on pre-mature withdrawal
- Overdraft available against Term Deposits
- Option to link TD to Current / Savings account available
NRE Term Deposits
- No interest is payable for NRE TD held for less than 1yr.
- Interest rate payable upon premature withdrawal of the NRE TD is dependent on the period for which the deposit was held in the Bank;
Period for which held in the Bank Interest payable on Pre-mature withdrawal of NRE TD Less Than 1 year Nil More than 1 year Deposit rate for the contracted tenor or Deposit rate corresponding to the period for which the deposit is held, whichever is lower.
Card rates for date of deposit to be used as reference.
FCNR Deposits
OPEN AN ACCOUNT
Foreign Exchange Rates -
Interest Rates -
Maturity Period: 1-2 Years
- NRE/NRO SB 4% pa
- NRO TD
- NRE TD
- FCNR (USD)
- FCNR (GBP)
- FCNR (EUR)
- FCNR (YEN)
*Interest rates subject to change
