FCNR(B) Wealth – Build Fortune
FCNR(B) Wealth – Build Fortune
“FCNR Wealth” designed exclusively for Non-Resident customers offering a secure attractive long-term return on their USD funds with safety and reliability. Features of FCNR(B) Wealth are as below.
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Product |
FCNR(B) Wealth |
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Age |
21 years and above |
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Tenor of Deposit |
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Currency |
USD |
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Amount |
Minimum: USD 50000 Maximum: No Limit |
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Interest Rate |
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Type of deposit |
MMD/FD |
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Lock-in period |
The deposits are subject to a lock-in period of one year, and therefore cannot be pre-closed within one year of opening the deposit. |
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Pre-closure |
In case of premature closure after 1 year, interest will be payable @3.50% for the period deposit has run with Bank. However, for the loan availed at Overseas branch, actual interest on the loan component to be paid by the customer. |
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Nomination |
Preferably, nomination is to be registered in the deposit, in favor of an NRI |
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Closing Date of the Scheme |
30 Sept. 2026 |
For more information, please contact Home Branch.
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