NRE Fixed Deposit
An NRE Fixed Deposit account with ICICI Bank is a great investment option for non-resident Indians. It is safe, liquid, repatriable and earns good returns.
Open an NRE Fixed Deposit (FD) account with as low as INR 25,000.
Loans of up to 90% of your deposit at attractive interest rates (maximum Rs. 20 lac).
Electronic Deposit Confirmation Advise (E-DCA) on your e-mail ID within 1 business day (if you have subscribed for account statement via e-mail).
Competitive exchange rates on conversion of your foreign currency into rupees.
Tenure of 1 year to 10 years.
Automatic renewal of your deposits.
Free deposit-collection service for balance transfer.
Disclaimer: Held with ICICI Bank India. This product is not regulated by US regulations and does not provide FDIC insurance. ICICI Bank Limited, New York Branch will merely be facilitating this transaction.
