FCNR Deposit: Open FCNR Fixed Deposit Account by DBS India
At a Glance An FCNR deposit account is a fixed deposit account for foreign currency that allows Non-Resident Indians to earn tax-free interest on their investment. You can stay protected against forex rate fluctuations as your investment continues to grow in the same currency you choose to invest. Plus, you get competitive interest rates, the income earned is tax-free and you can repatriate funds to your country of residence. Features and Benefits Open an NRI Savings Account FCNR Interest Rates Please reach out to your RM / Branch for the latest FCNR rates. Open an NRI Savings Account Deposit Terms and Conditions: The Bank shall, on written request from all depositors, allow withdrawal of a Resident / NRO Term deposits and NRE / FCNR Deposits before the date of its maturity. However, no interest will be paid in case of NRE / FCNR Deposits prematurely withdrawn before the expiry of 1 (one) year from the date of deposit or its renewal. For detail terms and conditions click here. Apply Now
https://www.dbs.com/in/treasures/nri-banking/deposits/fcnr-deposit-account
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