You are now leaving the Barclays Bank Plc India website.

ProceedCancel

Non Resident Ordinary (NRO) Term Deposits

Key facts

By maintaining your funds in rupees, you can take advantage of the higher interest rates offered here in India. These funds are fully repatriable subject to tax payments and RBI regulations.

Features

  • You can open a Barclays Term Deposit with a minimum of Rs 10 lacs.
  • Principal and interest amounts are repatriable post deduction of taxes in India
  • Minimum period 7 days and maximum period 7 years

To apply now:

Download Form
Contact us

Interest Rates

Term Deposit Interest Rate- Applicable for Domestic & NRO w.e.f 08.07.15
Period Rate % p.a.
(Applicable for deposits less than Rs. 1 Crore)
7 days 2.00
8 days to 14 days 4.50
15 days 4.50
16 days to 30 days 4.50
31 days to 45 days 4.65
46 days to 60 days 4.75
61 days to 90 days 4.85
91 days to 120 days 4.85
121 days to 180 days 5.00
181 days to 240 days 5.00
241 days to 270 days 5.00
271 days to 364 days 5.00
365 days 5.25
366 days to 400 days 6.25
401 days to 500 days 6.25
501 days to 547 days 6.25
548 days to 730 days 6.30
731 days to 820 days 6.35
821 days to 910 days 6.40
911 days to 1000 days 6.40
1001 days to 1095 days 6.40
1096 days to 1460 days 6.40
1461 days to 1825 days 6.40
1826 days to 2190 days 6.40
2191 days to 2555 days 6.40
For Deposits of Rs 1 crore or more, please contact Barclays India Branches. 1% premature withdrawal penalty as applicable.
The rates are subject to change without notice. Minimum number of days for which TD should remain with the Bank so as to be eligible for interest = 7 days.
Senior Citizen & Staff-Special rate not applicable. Interest compounded quarterly if FD is for 181 days and above. TDS on deposits as applicable.

To apply now:

Download Form
Contact us