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Deposits
 
Savings

SB NRE


When customer is interested in Repatriation   and also wants to avail tax benefits NRE accounts are suitable as the amounts in the account are tax free.

 
 

SB NRO


These accounts are useful to the NRIs who are having regular income on assets acquired prior to becoming NRI or acquired by them in India during their status as NRI and to make local payments in Indian Rupees for their genuine needs in India.

 
 
 

RFC


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again.

 
 
 
 
Term (Fixed) Deposits
 
 Rupee Deposit - Fixed.
 
NREFD


When customer is interested in Repatriation and also wants to avail tax benefits NRE accounts are suitable as the amounts in the account are tax free.

 
 
 
 
NROFD


These accounts are useful to the NRIs who are having regular income on assets acquired prior to becoming NRI or acquired by them in India during their status as NRI and would like to invest the savings in Fixed Deposits without Repatriation facility. The principal invested in these deposits is not repatriable

 
 
 
 
 Rupee Deposit - Reinvestment.
 
NRERI


When customer is interested in Repatriation and also wants to avail tax benefits NRE accounts are suitable as the amounts in the account are tax free.

 
 
 
 
NRORI


These accounts are useful to the NRIs who are having regular income on assets acquired prior to becoming NRI or acquired by them in India during their status as NRI and to make local payments in Indian Rupees for their genuine needs in India

 
 
 
 
 Foriegn Currency - Fixed .
 
FCNR (FD)


NRIs who wish to be avoid Risk of Foreign Exchange fluctuations, and to avail Repatriation facilities keep their amounts in in FCNR Deposits. These Accounts are maintained in Foreign currency only.

 
 
 
 
RFC (FD)


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again

 
 
 
 
 Foriegn Currency - Fixed .
 
FCNR (RI)


NRIs who wish to be avoid Risk of Foreign Exchange fluctuations, and to avail Repatriation facilities keep their amounts in in FCNR Deposits. These Accounts are maintained in Foreign currency only

 
 
 
 
RFC (RI)


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again

 
 
 
 
 
Accounts for Returning Indians
 
Savings
 
RFC


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again

 
 
 
 
Fixed
 
RFC (FD)


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again

 
 
 
 
RFC (RI)


Returning Indians who wish to keep their amounts in Foreign currency only even they intend to stay permanently in India and to avail repatriation facilities. The amounts can be converted/transferred in to NRE/FCNR account consequent to change in the status to NRI again.

 
 
 
 
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News & Events

PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

Our annual profit Rs.1,345 Crore

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