Recharge
Pay Bills
Fee Collections
Pay Taxes
Net Banking
This deposit plan enables entire maturity proceeds i.e. principal and interest fully repatriable in Foreign Currency (USD, GBP, EURO, YEN, AUD & CAD) at a place of your choice.
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Maintain your account with a minimum balance of USD 1000 or equivalent.
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Can be held jointly with other non-resident individuals.
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Deposits in Pound Sterling, US Dollar, Canadian Dollar, Australian Dollar, EURO and Japanese Yen are accepted.
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Deposits/interest fully repatriable.
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Deposits can be placed in the form of term deposits for a minimum maturity period of one year and for a maximum maturity period of five years.
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Deposits in CAD, AUD and Japanese Yen are accepted for maturity period of 1 to 3 years
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The principal and interest earned on your FCNR (B) Deposit account is tax exempted.
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Nomination facility available.
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Transfer of funds from existing NRE accounts to FCNR(B) accounts and vice versa, of the same account holder, is permitted.
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Loans against deposits subject to a maximum of Rs.20 lacs in Indian Rupees and in foreign currency available on easy terms.
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Automatic Renewal on due date for a minimum maturity of 1 year period at the prevailing rate of interest in the absence of fresh instructions to ensure that your money grows timely.
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Acceptance & execution of Standing Instructions.
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Addition and Deletion of names of account holders, in case of joint accounts is permitted.
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Premature withdrawal for the purpose of renewal at better interest rate prevailing currently is permitted without penalty clause subject to conditions.
(Conditions Apply)
