IndusInd Bank - nre recurring deposit bank

Overview

NRE Fixed Deposit is tax-free and fully repatriable Indian Rupee deposit account for NRIs & PIOs to earn high returns from income earned through foreign sources.


Features of NRE Fixed Deposit

Repatriable

Funds are fully and freely repatriable (both principal and Interest)

TAX Exempt

Interest Earned is exempt from tax in India

Indian rupees

The funds are maintained in Indian rupees.

Tenure

The deposit can be opened for tenures ranging from a minimum of 1year upto a maximum of 10 years.

NRI Fixed Deposit

To earn interest on NRE fixed deposit, it needs to be kept for a minimum of one year

Interest

Interests on NRE deposit is compounded quarterly


Interest Rates of NRE Fixed Deposit

For interest rates please click here

Other NRI Deposit Account

Foreign Currency Non-Resident Deposit
Foreign Currency Non-Resident Deposit

FCNR Deposit allows you to hold your overseas earnings in foreign currency without converting them into Indian Rupees and protect it from exchange rate risk.

NRI Remit To India
NRI Remit To India

Meet family needs, invest, pay EMIs and make purchases with instant money transfers