Close
Resident Foreign Currency

Resident Foreign Currency

Resident Foreign Currency

Contact No should not start with 0
Thank you for your interest in YES BANK’s NRI Resident Foreign Currency. Our representative will get in touch with you shortly

You may be eligible for a pre approved loan.
Login to NetBanking

  • Bookmark

YES BANK's Resident Foreign Currency (RFC) Fixed Deposit allows the returning Global Indian to earn attractive returns on foreign currency funds and the flexibility of converting your foreign currency deposits into Indian rupees whenever required

key attractions

FUNDS

Funds can be held in 6 currencies

FOREIGN CURRENCY

Flexibility of converting your foreign currency deposits into Indian rupees whenever required

IDEAL FOR NRI

Ideal for NRIs returning to India

features & benefits

bonafide remittances

Funds can be freely utilized for bonafide remittances outside India through normal banking channels

transaction

On regaining your NRI status, balances in RFC accounts can be freely transferred to NRE/ FCNR deposits

REACH

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

other benefits

View our hosts of other benefits

View our hosts of other benefits:

  • Flexibility of converting your foreign currency deposits into Indian rupees whenever required

  • Funds to be held in 6 currencies - USD, GBP, EUR, JPY, CAD and AUD

  • Funds held in an RFC Fixed Deposit and the interest earned are fully repatriable*

  • Interest earned on RFC Deposits is subject to Tax deducted at source @10%

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

  • Interest rates for RFC 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

X

what would you like to do next?

Downloads
Documents
YES2CALL
Find a Branch

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

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...

Know More

Other accounts & programmes

  • apply
  • Know more
Savings Exclusive Account

  • Know more
Recurring Deposit

  • apply
  • Know more
NRE Fixed Deposits

  • apply
  • Know more
download app
Android App for YES BANK
App Store for YES BANK
yes pay wallet

Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much more

Read More

Download Forms