Overdraft up to 90% of the deposit amount Tax on Interest earned (not on principal amount): 30% tax + surcharge + education cess will be deducted at the source of interest earned in India Up to a maximum of 1 million USD per financial yearīoth Principal and Interest completely repatriableįull tax exemption for an amount up to Rs. Repatriation (transfer of money from Indian bank account to foreign bank account)īoth Principal (money invested initially) and Interest completely repatriable
USD, GBP, EUR, JPY, CAD, AUD, SGD, HKD and CHF Non Resident Ordinary (NRO) Fixed Depositįoreign Currency Non Resident (FCNR) Depositįor income earned from India (pension, rent etc.) Non Resident External (NRE) Fixed Deposit Use the grids below to understand these options in detail. These options are based on the currency chosen for deposits, which are:
There are multiple types of Fixed Deposit Schemes that you can choose from at HDFC. (The above tables were updated on ) Types of NRI FD Schemes by HDFC Bank You can head there to check out the latest rates. We update the latest interest rates on NRE FD and Savings Bank Account as well as the interest rates for FCNR Deposit every month with the banks on our blog. Note: All the interest rates mentioned above are subject to change without prior notice.
