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FCNR Fixed Deposits

FCNR Fixed Deposits

An Fixed Deposit that lets you retain your money in a foreign currency in India while you also earn a high return on these savings

FCNR Fixed Deposits

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YES BANK's FCNR Deposit allows you to earn attractive returns on your foreign currency earnings.                            

 

key attractions

FCNR DEPOSITS

FCNR Deposits can be opened in 8 currencies

MINIMUM BALANCE

Open a Deposit for an amount as small as 1000 units of the Foreign Currency

features & benefits

flexi-tenure

Tenures ranging from 1 year to 5 years

auto renewal

Automatic renewal of deposit on maturity

interest

  • Interest is compounded half yearly in FCNR deposit

  • No interest is payable if FCNR Deposit is withdrawn before completion of 12 months

tax-free

FCNR Deposits are not taxable in India

other benefits

View our hosts of other benefits

View our hosts of other benefits:

  • Open an account with as low an amount as USD 1000, GBP 1000, EUR 1000, CAD 1000, AUD 1000, JPY 1000, SGD 1000 and HKD 1000

  • Funds held in an FCNR deposit and interest earned on the funds are fully repatriable**

  • Our internet banking facility offers you 24-hour access to your account while ensuring the highest level of security

  • Nomination facility available

  • Our inter-city banking facility allows you to bank at any of our branches during your visit to India

  • Easy account funding through our alliances with correspondent banks worldwide

  • Interest rates for FCNR deposits are subject to change on the 1st of every month and as per the guidelines issued by the Reserve Bank of India from time to time.

** The deposit would be booked with the net amount received after deducting appropriate charges / fees as may applicable at the time of remittance / clearance of the cheque

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  • Interest Rates
  • GIB Schedule of Charges
  • Terms and conditions - P.O. Box Facility
  • Promotional Offer for GIB 2017-18
  • Promotional Offer - FD Campaign 19th February 2018
  • Documents Required for Account Opening

India is one of the fastest growing economies in the world. The financial scenario of the country has undergone a paradigm shift over the last few decades, thereby helping it emerge as one of...

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