NRO Fixed Deposit Account
Deposit your income earned in India into our NRO Fixed Deposit and enjoy attractive interest rates, secure returns, and flexible tenures. Designed for Non-Resident Indians, NRO FDs help you manage your Indian earnings effortlessly and watch it grow with attractive returns. Start today and experience stability, convenience, and assured growth for your hard-earned money.
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
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Earn attractive returns on your income earned in India.
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Enjoy higher yields after tax by leveraging DTAA benefits
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Interest earned on Deposits is fully repatriable after payment of tax
For a complete list of Interest rate on Fixed Deposit, Please click here
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NRIs and PIOs as per FEMA definition
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Seafarers of Indian nationality / origin employed by overseas shipping companies, or
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Indian government employees with Diplomat passports, or
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Students pursuing studies in foreign countries.
| Limits & Charges- NRO | |
| Particulars | Charges |
|---|---|
| Minimum Investment Amount | 10,000/- |
| Maximum Investment Amount | Less than 3,00,00,000/- |
| Minimum Tenure | 7 days |
| Maximum Tenure | 10 Years |
| Penalty on Premature Withdrawal |
Penalty for pre-mature closure of Fixed Deposit would be at 1% No interest is payable where deposit has not been in place for applicable minimum tenure |
*After completion of 7 days, interest will be paid at applicable rate for the period the deposit has remained with the Bank or contracted rate less Premature Penalty of 1%, whichever is lower.
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