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NRO Fixed Deposits

NRO Fixed Deposits

Fixed Deposit schemes that earn steady returns on your income generated in India.

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 7.50% 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.

pre-mature withdrawal

No penal charges on pre-mature withdrawal

No penal charges on pre-mature withdrawal, however the rate applicable will be lower of:

  • The original rate at which the deposit has been booked or

  • The rate applicable for the tenure for which the deposit has been in force with the Bank.

other benefits

View our hosts of other benefits

View our hosts of other benefits:

  • Earn up to 7.50% p.a.*

  • Interest earned on NRO Fixed Deposit is repatriable after deducting applicable tax

  • Interest earned on NRO Fixed Deposit is subject to Tax deduction at source at 30% and education at 3% totaling to 30.90% plus surcharge if any

  • Nomination facility available

  • Easy account funding through our alliances with correspondent banks worldwide

  • Rates for monthly interest payout will be discounted based on the prevailing rates

  • Attractive Foreign Exchange

* Please contact our nearest Branch for Interest Rates for values equal or above INR 1 Cr.

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Documents Required

  • 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

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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