NRO Recurring Deposit

NRO Recurring Deposit

Use NRE/NRO Accounts to fund deposit Steady growth of funds​
Grow your wealth by making idle savings in your NRO or NRE Savings Accounts earn attractive returns
  • Fund your Recurring Deposit with your NRO or NRE Savings Accounts  

  • Issuance of TDS Certificate, as per IT Act 

  • Tenure – 6 months to 10 years 

  • Minimum deposit – ₹100 and in multiples of ₹1 thereafter 

  • Passbook facility 

  • Nomination facility  

  • Our existing NRI Savings Account holder 

NRI (Non-Resident Indian) 

An Indian citizen residing outside India for any of the below purposes: 

  • Employment  

  • Studies  

  • Business or vocation 

  • Individual posted in UN organisation or official deputed abroad by Government of India or public sector undertakings 

  • Indian nationals who may be mariners or working on oil rigs or foreign registered airlines 

PIO (Person of Indian Origin)/OCI (Overseas Citizen of India) 

An individual holding a foreign passport (other than Pakistani and Bangladeshi) fulfilling any of the below criteria: 

  • Has held an Indian passport at any point of time 

  • Individual’s parent or grandparent was Citizen of India by virtue of the Constitution of India or India Citizen Act 1955 

Please contact your branch for further details.  

Enjoy attractive returns on your overseas income or earnings in India

Open an NRI Deposit Account with Bandhan Bank today 

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