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FCNR (B)
Repatriation
Freely Repatriable
FCNR (B)
Currency of deposit
Currency
USD, GBP, EUR, JPY, AUD, CAD
Deposit Tenure
12 months to 60 months
Interest & Taxation
Interest Rate
Rate as advised by Bank from time to time as per stipulated guidelines and will be displayed on the website
Taxation
Exempt from Income Tax.
FCNR (B)
Who can open?
NRIs (other than a person resident in Nepal and Bhutan) Individuals/ entities of Pakistan /Bangladesh nationality /ownership require prior approval of RBI
Joint Account
Permitted
Nomination
Facility available
PRODUCTS YOU MAY LIKE
FCNR-(B)
