Open a Fixed Deposit account in INR and enjoy attractive returns for various tenures ranging from 1 year to 5 years.
The Foreign Currency Non-Resident (FCNR) term deposit account is a fully repatriable foreign currency term deposit account with currency options as allowed by the Reserve Bank of India. This account comes with zero tax deduction at source on the interest earned.*
FCNR deposits closed prior to the completion of one year do not earn any interest as per RBI regulations.
Choose from a wide range of tenures and enjoy attractive interest rates applicable to local resident deposits. The Non-Resident Ordinary (NRO) term deposit is repatriable overseas from India after the deduction of
Premature closure of deposit is permitted and may be subject to a penalty fee.
Given the developing situation around the Coronavirus – COVID 19 outbreak, the safety and well-being of our customers, our employees and the community, remains our top priority. Accordingly we request our customers to use our online mode, to make any payments from your accounts with us through Banknet for Retail Customers and smartBUSINESS for Corporate Customers for NEFT, RTGS, IMPS etc. payments.
We wish to confirm that all our clearing operations are fully operational and you can continue using them without any disruptions.
Should you require any clarifications please write to us at firstname.lastname@example.org or on our office contact number +91 22 6153 2300 or you can also call you respective Relationship/Trade Managers during working days.
We look forward to continuing to serve you, as always.
RBI guidelines on Covid19 pandemic relief package:
Emirates NBD Bank (P.J.S.C), India is offering relief measures to its customers on the applicable credit facilities.
For easy reference, please click on the link to find details about our Covid19 Regulatory Package policy.