FCNR Fixed Deposits

Special Features

• Simple interest will be paid quarterly.
• Deposits can be made for period ranging from 1 year to 5 years.
• Interest can be withdrawn periodically or transferred to other accounts as per instructions

General Features

• Foreign Currency accounts in GBP (British Pound), USD (American Dollar) , EURO, AUD,CAD, CHF and JPY may be maintained.
• High rate of returns
• Accounts can be opened for various maturities
• The investment is insulated against exchange rate fluctuations.
• Balance and interest is repatriable.
• Joint accounts are permitted.