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You are here:Products & Services>India Offerings>Term Deposits

With our range of India-based deposits for Non-Resident Indians, we can offer you many ways to make your money work hard for you.

  • NRE Fixed Deposit

The Non-Resident External Rupee (NRE) Fixed Deposit account is a good investment option for money that you send to India. Your money in this account is held in Indian rupees. The funds are completely repatriable. You can invest in this manner for a period ranging from 1year to 10 years.

  • NRO Fixed Deposit

You can open a Non-Resident Ordinary Rupee (NRO) Fixed Deposit account for income earned in India (such as a salary you get from a company based in India, rent that you get from Indian property, dividends from investments in India, and so on). You can invest in this manner for a period ranging from 7 days to 10 years.

  • FCNR Deposit

Our Foreign Currency Non-Resident (FCNR) Deposit Account helps you to keep your money in a foreign currency. With this option, you get a choice of six currencies that you can keep in this account. They are US dollars, British pounds, Euro, Canadian dollars, Australian dollars and Japanese yen. You can keep an FCNR Deposit Account for a period ranging from 1 year to 5 years.

  • NRE Recurring Deposits

An NRE Recurring Deposit is the ideal way for you to make large savings by putting aside small fully repatriable amounts every month. You can start saving in multiples of 1000 Indian rupees. You can invest in this type of deposit for a period ranging from 1 year to 10 years.

  • Rupee Plus Plan

Investing in our Rupee Plus Plan can give you better profits than saving with the NRE Fixed Deposit account. In this plan, you invest US dollars into a FCNR Deposit Account, and at the same time, agree to exchange the US dollars for rupees (at a given rate) when your account matures.

 

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