Want us to help you with anything?
Request a Call back
The RFC Fixed Deposit offers a good opportunity for Non-Resident Indians (NRIs) who have returned to India to deposit funds in foreign currencies. It gives them a secure avenue to earn attractive returns without the risk of foreign exchange conversion.
Features of RFC Fixed Deposit
For NRIs:
- FD account opening form duly filled.
- Self-attested photocopies of ;
- Current passport (photocopy must have your name, address, date of birth, date and place of issue, expiry date, photo, signature).
- Expired work permit/ employment visa.
- Current Indian address proof. View list of accepted Indian and overseas address proofs.
For PIOs:
- FD account opening form duly filled.
- Self-attested photocopies of
- Current passport (photocopy must have your name, address, date of birth, date and place of issue, expiry date, photo, signature).
- PIO / OCI card.
or
- Past Indian passport of self / spouse / parent / grand-parent along with a self-declaration about Indian origin.
or
- Self-declaration for PIO as given on the Relationship Form.
- Indian Work / Resident Visa.
- Current Indian address proof. View list of accepted Indian and overseas address proofs.
*Note- All KYC Documents provided need to be self-attested
RFC Fixed Deposit Documents
For existing ICICI Bank NRI Account holder:
- FD account opening form duly filled.
RFC Fixed Deposit Form
Related Forms
General Forms
Mandate Holder Applications
Nominee Applications
RFC Fixed Account FAQ's
The account can be held jointly with another person resident in India who is eligible to open an RFC account.
There is no restriction on when you can open an RFC account for persons resident in India as long as they meet the condition of eligibility as stated above. Further, for returning NRIs, the eligibility to open this account is not linked in any way with their RNOR status under the Income Tax Act.
