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FCNR(B) FD & RFC FD Benefits and Convenient Booking Options
FCNR(B) & RFC FDs: Features and Convenient Booking Options
Features:
| Feature | FCNR(B) FD | RFC FD |
|---|---|---|
|
Currencies Available |
USD, GBP, SGD, CAD, AUD |
USD, GBP |
|
Minimum Deposit |
1,000 (USD/GBP) 2,000 (SGD/CAD/AUD) |
1,000 (USD/GBP) |
|
Tenure |
USD: 1 to 5 years Others: 1 to <3 years |
Minimum: 1 month Maximum: 36 months |
|
Loans |
Up to 85% of deposit value, max Rs. 5 Cr |
__ |
|
Taxation |
Interest earned is not taxable in India |
Interest earned is not taxable in India |
|
Renewal |
Automatic renewal of principal and interest |
Automatic renewal of principal and interest |
|
Repatriation |
Balance and interest fully repatriable |
Balance and interest fully repatriable |
| Mode | FCNR(B) FD | RFC FD |
|---|---|---|
|
ICICI Bank Branch |
||
|
ICICI Bank Internet Banking |
___ |
|
|
ICICI Bank iMobile App |
___ |
|
|
ICICI Bank Customer Care |
___ |
|
|
Wire Transfer |
Terms and Conditions
Refer Terms & conditions here.
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