NRO Fixed Deposits

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If you are a Global Indian who wants to earn steady returns on your income generated in India, an NRO Fixed Deposit from YES BANK is the right choice for you.

Interest Rate

key attractions

EARN

Earn up to 7%p.a.

NRO FIXED DEPOSIT

Open an NRO FD with as little as INR 10,000

FLEXI-TENURE

Tenure starting from 7 days onwards

features & benefits

internet banking facility

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

DTAA benefit available for NRIs

Double Taxation Avoidance Agreement (DTAA) benefit available for NRIs residing in select countries on submitting relevant documents along with your PAN. Please get in touch with the branch for details.

other benefits

Interest earned on NRO Fixed deposit is subject to tax deduction at sources at

Interest earned on NRO Fixed deposit is subject to tax deduction at sources at:

31.2% (tax rate @ 30%+surcharge 0% + cess 4%) for interest^ amount less than or equal to 50 lakhs
34.32% (tax rate @ 30%+surcharge 10% + cess 4%) for interest^ amount greater than 50 lakhs but less than 1 crore
35.88% (tax rate @ 30%+surcharge 15% + cess 4%) for interest^ amount greater than or equal to 1 crore

^ Total interest earned on NRO deposits and accounts

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Paying tax signals the commencement of a new financial year. For the process of taxation, the year in which income is earned is referred to as the previous year, and the following year in which...

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