|
|
|
 |
| |
- Deposit can be held in foreign currency - AUD,CAD,EUR,GBP,JPY,SEK,USD,SGD
- Deposit can be placed for a minimum period of one year and upto a maximum period of 5 years
- Deposit can be opened as Cumulative or Non Cumulative
- Deposit can be opened jointly with a Non Resident on Either or Survivor/Former or Survivor basis
- Deposit can also be opened jointly with a Resident close relative on Former or Survivor basis
- To download opening form click
- Attractive interest rates. To know current interest rate click here
- To Remit funds click here
- Interest earned on the deposit is tax free
- In case of Non Cumulative deposit, you can receive interest half yearly in foreign currency or Indian Rupee
- Principal together with interest is fully repatriable
- No service charges for inward remittances from abroad
- Funds can be transferred from FCNR Account or NRE Account (at the ongoing exchange rate)
- You can fix the exchange rate for the maturity value by booking forward contract for converting the maturity value into foreign currency (AUD,CAD,EUR,GBP,JPY,SEK,SGD,USD) or Indian Rupees (for maturity period of one year or less)
- No interest is payable if deposit is preclosed before one year. Preclosure of deposit after one year but before maturity will attract penalty as per the Bank’s policy from time to time
- Conversion of foreign currency into Indian Rupees or vice versa will attract service tax as per GoI notification
- Loan against the security of deposit can be obtained subject to RBI guidelines and Bank’s policy in force
- For queries, contact us @ nri@cityunionbank.com
|
|
|
|
|
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|