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Are you an NRI and looking to deposit money to your Axis Bank account? Then Axis offers you the perfect solution with NRI Pro Rupee Deposit. NRI-Pro Rupee Deposit online allows the investor to earn a higher INR yield by locking-in the conversion rate. The NRI Rupee Deposit also combines attractive interest rates, and has the add-on benefits of rising exchange rates. There is also no capital risk as the money invested is in Fixed Deposit. It also offers you very low minimum deposit. For more information about the NRI Pro Rupee Deposit, please go through the list below.
Combine attractive interest rates with the added advantage of rising exchange rates
Money is invested in Fixed Deposits, so no capital risk involved
Tenure options from 3 years to 5 years
USD 10,000 or equivalent
Interest earned not taxable in India
Earnings can be repatriated on maturity