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Looking for an investment option, which is safe, liquid and can give you good returns? An NRE Fixed Deposit account is the answer. It's a great investment option for non-resident Indians. It's fully repatriable too and you enjoy the following
Advantages:
- Open a Fixed Deposit (FD) account with as low as INR 25,000
- Loans / Overdrafts facility up to 90% against your deposits
- Tenure is 1 year to 10 years.
- You can Instantly convert your deposits into liquid cash
- You can always take the money back overseas, whenever you wish to
- Deposits are not taxable in India
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