Special Features

  • Reinvestment plan with interest-compounded quarterly
  • Fixed deposit for periods ranging from 6 months to 10 years
  • Compounding of interest quarterly - yields higher effective returns
  • Provision for automatic renewal at maturity

General Features

  • Accounts maintained in Indian Rupees for routing bonafide local remittance like rent.
  • Joint accounts are permitted.
  • Interest earned in the account is subject to Indian Income Tax.
  • Restricted repatriation is  offered.