NRO
Recurring
Deposit

If you are an NRI looking for an investment for your earnings in India with convenient money transfer options, then you are in the right place. Axis Bank offers the NRO Recurring deposit. The NRO Recurring deposit comes with convenient fund transfers, flexible tenure and attractive interest rates.

Flexible Tenure

Flexible Tenure

Flexible Monthly Instalments

Flexible Monthly Instalments

Fully Repatriable

Repatriable post TDS

>Easy Funding

Easy Funding

Fund your deposit easily - Transfer funds every month from your NRE/NRO Savings Account

Choose monthly instalments based on your requirements - Minimum instalment of Rs. 1,000 only; and in multiples of Rs. 500 thereafter

Benefit from long term investments - Tenure can range from 6 months to 10 years

Enjoy competitive rates of interest - Attractive interest rates available

Ensure easy operations With the nomination facility

Access your account anytime, anywhere - Free Internet Banking allows 24-hour access to your account from anywhere at any time

Be assured of competitive exchange rates - Competitive exchange rates available when converting foreign currency into Rupees

Interest earned in current financial year is fully repatriable (after deducting tax). Funds in NRO account can be repatriated upto USD one million per financial year for all bonafide purposes

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