Kalpakanidhi NRO Term Deposits

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.