![]() ![]() The tenure of the deposit can range from a minimum of 7 days to a maximum of 10 years.Cluster Deposit: Encash part of the deposit, while the remaining continues to earn interest at the contract rate as the NRO Fixed Deposit is held in clusters of Re.1.Deposit can be opened jointly with a Resident Individual on Former or Survivor basis.Overdraft facility available for up to 90% of the deposit, for self or others.The tenure of the deposit can range from a minimum of 1 year to a maximum of 10 years.įeatures and Benefits of NRO Fixed Deposits.Cluster Deposit: Part of the deposit can be encashed, while the remaining continues to earn interest at the contract rate as NREįixed Deposit is held in clusters of Re.1.Repatriate complete deposit (principal as well as interest) at any time NRE Fixed Deposit 889 days to 3 years, 8.00 3 Years 1 day to 4 Years, 7.50 4 Years 1 day to 5 Years, 7.25 5 Years 1 day to 10.Overdraft of up to 90% of the deposit available.The account can be opened jointly with any other NRI. ![]() Tax exemption from the entire deposit (principal as well as interest).Features and Benefits of NRE Fixed Deposits ![]()
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