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MAX YIELD NRO (RUPEE) TERM DEPOSIT

  • Higher Yield post tax by availing DTAA benefits1
  • Minimum amount required for booking Max Yield NRO Term Deposit is Rs. 50,000/- only
  • Interest earned on deposit is fully repatriable after payment of tax. However, RBI allows repatriation up to one million USD or equivalent per financial year for bonafide purposes (For e.g. education, medical expenses, employment etc.).

RUPEE ADVANTAGE PLAN

  • Invest through your foreign currency funds or Indian repatriable funds in FCNR deposits in USD/GBP/EURO/JPY/AUD/CAD/CHF
  • Minimum FCNR amount is USD 25,000 / Rest of all currencies 50,000 (GBP, EURO, JPY, AUD, CAD and CHF)
  • Assured returns (in Rs. ) irrespective of the future movements in currency markets

HIGH YIELD CURRENCY PLAN

  • Invest through your foreign currency funds or Indian repatriable funds in NRE deposit
  • Minimum NRE deposit amount is Rs. equivalent of USD 25,000/- or equivalent in any of the nine currencies for which we have a Nostro account
  • Assured returns (in FCY) irrespective of the future movements in currency markets
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