NRO Fixed Deposit
NRO Fixed Deposits allow NRIs to park their Indian income in high-yielding NRO Fixed Deposits. NRO Fixed Deposit interest rates are as good as resident Fixed Deposit rates.
Open an NRO Fixed Deposit (FD) account with as low as INR 25,000.
Loans of up to 90% of your deposit at attractive interest rates.
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 15 days 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.
