NRE Fixed Deposit
NRE Fixed Deposit
A secure deposit option for Non-Resident Indians to invest eligible overseas income in India and earn attractive returns with flexible deposit tenure options.
The NRE Fixed Deposit from The Peoples’ Urban Co-Operative Bank Ltd. is designed for Non-Resident Indians who wish to invest their eligible foreign income in India through a convenient and structured deposit facility.
Customers can place their funds for a selected deposit period and earn interest at the rates applicable to NRE deposits. The deposit provides a convenient investment option for NRIs seeking stable returns while maintaining their financial relationship with India.
NRE Fixed Deposits also provide flexibility in choosing the investment tenure according to individual financial plans. Repatriation of eligible funds is available subject to applicable banking regulations and prevailing rules.
NRI Investment
A deposit facility designed specifically for Non-Resident Indians to invest eligible overseas earnings in India.
Attractive Returns
Earn applicable NRE Fixed Deposit interest rates for the selected investment period.
Repatriation Facility
Eligible principal and interest may be repatriated subject to applicable banking regulations and prevailing rules.
NRE Fixed Deposit Highlights
Attractive Interest Rates • Repatriable Funds • Foreign Income Investment • Flexible Tenure Options • Loan Against Deposit Facility • Secure Investment in India
Ideal For
Non-Resident Indians looking for a secure and convenient way to invest eligible overseas income in India while earning attractive returns.
Flexible Deposit Tenure
Choose an available deposit period according to your financial plans and investment requirements, subject to the Bank's prevailing NRE Fixed Deposit schemes and terms.
Repatriation Benefits
Repatriation of eligible funds and interest is available in accordance with applicable FEMA, RBI and banking regulations prevailing at the time of the transaction.
Loan Against Deposit
Eligible customers may avail loan facilities against selected NRE Fixed Deposits, subject to the Bank's applicable rules, margins, interest rates and regulatory requirements.
Open an NRE Fixed Deposit
Contact or visit your nearest branch to know more about current NRE interest rates, eligible deposit periods, account opening documentation, repatriation requirements and other applicable terms and conditions.