Special Features

  • Simple interest will be paid quarterly.
  •  Monthly interest scheme is also available at discounted rate.
  • Deposits can be made for period ranging from 15 days to 10 years.
  • Interest can be withdrawn periodically or transferred to other accounts as per instructions

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.