Products and features

NRO savings account
NRE term deposits
NRO term deposits
FCNR deposits
Rupee Overdraft
Home loan
   

Returning to India

Non Resident External(NRE) term deposits

Stretch the value of your foreign currency savings. Convert them into local currency and you can earn attractive interest income by placing your money in Non Resident External(NRE) Term Deposits.

Features

  • Open a Non Resident External(NRE) term deposit with as little as Rs 50,000
  • No penalty on premature withdrawal
  • No interest is payable on deposits, if prematurely withdrawn in less than 12 months
  • Minimum period is 1 year and maximum period is 3 years
  • Interest income is not taxed in India
  • Attractive interest rates
  • Principal and interest amounts are both fully repatriable
 
 
  • Call us in India
    – 1800 233 6565 (MTNL and BSNL users)
    – 6000 7888 (for private service users)
  • Call us in UK - 0800 376 2355
  • Call us in UAE - 8000 441 4318
  • Email us at nri@barclays.com
 
 
 
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