FCNR Deposits

 

Key Features :

  • Deposit will be held in designated foreign currency (USD / Euro)

  • Minimum maturity period of 1 year

  • Maximum maturity period of 5 years

  • Interest earned is exempted from applicable taxes

  • Funds are freely repatriable

  • No interest will be paid in case of premature withdrawal of deposit prior to 1 year

Humanising Financial Services Across Asia.