NRO Savings Account

NRO Savings Account

Savings/ Corp Classic/ FD/ Kshemanidhi Cash Certificate are allowed under NRO

Term deposit can be opened /maintained in the following currencies

                   a) AUD b) CAD c) USD d) EUR e) GBP

 Accounts can be opened Jointly  in the name(s) of eligible person(s)

Funds in the account are fully repatriable

FCNR (B) Deposit can be accepted under the Scheme for the following maturity periods:

  1. One year and above but less than two years
  2. Two years and above but less than three years
  3. Three years and above but less than four years
  4. Four years and above but less than five years
  5. Five years only

The rate of interest depends on the period of deposit, payable at the rate as decided by the Bank from time to time

                                       Note: Interest rates varies on 1st of every month. Please check for latest rates.

@ 30.9% दर से (वर्तमान दिशानिर्देशों के अनुसार और विनियामक नीति के अनुसार परिवर्तनीय)

Permitted and no ceiling on the amount of loan.




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