NRE Fixed Deposits for NRIs

Individuals falling under any of the below categories with an active NRI account (NRE/NRO) with IDFC FIRST Bank can open an NRE Fixed Deposit.

• Non-Resident Indians
• Person of Indian Origin (PIO)
• Overseas Citizen India (OCI)
• Seafarers working on International Vessels
• Oil Rig Employees working on International Offshore Projects
• Rig Employees working on International Offshore Projects

To apply for an IDFC FIRST Bank NRE FD account, you will need to provide the following documents:

• Identity proof: Passport

• Non-resident status proof (any one):

  1. Visa
  2. PIO card
  3. Foreign passport with PIO declaration
  4. Continuous Discharge Certificate with valid contract letter for seafarers
  5. Resident permit/ Resident card

• Overseas address proof (Any one with your overseas address):

  1. Passport
  2. driving license
  3. National ID /Government issued IDs
  4. Latest utility bill (mobile/gas/electricity/telephone)
  5. Latest savings bank statement from a transactional account
  6. Council tax bill, resident permit, or voter ID/Electoral card.

• Tax related: 

  1. PAN card or Form 60
  2. FATCA-related fields on the application form

• Other documents: 

  1. Recent colour photograph
  2. An image of your signature (only for online applications).

• Document certification: When not met by an IDFC FIRST Bank employee, please ensure your passport and address proof copies are certified by any one of the following entities from your overseas country of residence:

  1. Overseas bank partnered with an Indian Bank
  2. Overseas branch of Indian Bank
  3. Notary
  4. Court Magistrate or Judge
  5. Indian Embassy