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What is an NRO Fixed Deposit?
An NRO (Non-resident ordinary) Fixed deposit created for NRIs that gives you higher rupee returns on your Indian wealth.
- Interest rates upto 5.75%.
- Interest earned in current financial year is fully repatriable (after deducting tax).
Why should you get this deposit?
Get higher returns on your money while keeping them safe and secure with ICICI Bank NRE Fixed deposit.
- High returns on funds generated in India.
- Holdings with non-residents as well as resident Indians.
- Deposits as low as ₹25,000.
- You can borrow up to 90% of your deposit at attractive interest rates.
Unbelievable number of Tax benefits on this account
Double Taxation Avoidance Agreement, Tax deducted at source, repartiable interest & much more...
Low Deposit Account
Minimum required deposit is as low as ₹25,000 only.
Deposit durations that are flexible
A minimum of 7 days to a maximum of 10 years.
Hey, so just a few easy conditions to be eligible for the NRO Fixed Deposit
FAQs
