Guaranteed returns, deposit security, flexible tenure, etc., are some benefits of Fixed Deposits. Here’s why you should invest in them if you are an NRI!
IDFC FIRST Bank
Assured and attractive returns
With an NRI deposit account, you are likely to earn a higher interest rate than what is offered by a foreign bank.
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Repatriation
NRE fixed deposits are fully and freely repatriable. NRO fixed deposits are also repatriable up to $1 Million per financial year.
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Auto renewal facility
Automatic deposit renewal for same tenure as original deposit facility available
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Tax benefits + flexible tenure
Earn tax-exempt interest income with a Non-Resident External (NRE) Account. Also, enjoy flexible tenure of 1 to 10 years.
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Portfolio diversification
Add a debt component to your portfolio for stability and diversify your investment across geographies by investing in an NRI FD in India.
IDFC FIRST Bank
Choose from different FD accounts offered by IDFC FIRST Bank with tenures ranging from 1 to 10 years. Enjoy interest up to 7.50% p.a. on your deposits.