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NRE Accounts |
NRO Accounts |
FCNR Deposits |
NRE Term Deposits |
NRO Term Deposits |
| Type of Account / Deposit offered by Barclays India |
Saving Account |
Saving Account |
Fixed Deposit |
Fixed Deposit |
Fixed Deposit |
| Benefits |
Rupee Account with free repatriation benefits |
Rupee Account with restricted repatriation |
Allows you to maintain your overseas funds in foreign currency |
Earn higher returns on Rupee funds compared to a savings/
current account. |
Earn higher returns on your Rupee income earned in India compared
to a savings / current account. |
| Minimum Deposit
|
INR 5,000 |
INR 5,000 |
USD 4,000, GBP 2000, EUR 3000 |
INR 50,000 |
INR 50,000 |
| Repatriation |
Fully Repatriable |
Restricted repatriability (post deduction of applicable tax) |
Fully Repatriable |
Fully Repatriable |
Restricted repatriability (post deduction of applicable tax) |
| Tax Implications |
Tax free* in India |
Taxes applicable |
Tax free* in India |
Tax free* in India |
Taxes applicable |
| Joint Accounts |
Only with other Non-Resident Indians |
Resident Indians as well as other NRIs |
Only with other Non Resident Indian's |
Only with
other Non Resident Indian's |
Resident Indians as well as other NRIs |
| Local Rupee as Source funds |
No |
Yes |
No |
No |
Yes |
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Know more |
Know more |
Know more |
Know more |
Know more |
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Interest rates |
Interest rates |
Interest rates |
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Apply now |
Apply now |
Apply now |
Apply now |
Apply now |
