Independent · Institutional-Grade · Conflict-Free
Precision Intelligence for NRI Foreign Currency Deposits
Independent rate analysis across India's leading banks — structured for investors who demand clarity, accuracy, and complete repatriation freedom.
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Live Rate Snapshot
Indicative Rates — USD Deposits
Rates shown are indicative for USD deposits, 1-year tenure, sourced from official bank websites (June–August 2026). Current rates reflect the RBI's special FCNR(B) mobilisation program. Always verify directly with your bank before committing capital.
View full comparison| Bank | Currency | Tenure | Rate |
|---|---|---|---|
| State Bank of India | USD | 1 Year | 3.30% |
| HDFC Bank | USD | 1 Year | 6.20% |
| ICICI Bank | USD | 1 Year | 6.20% |
| Axis Bank | USD | 1 Year | 5.90% |
The Case for FCNR(B)
The Structural Advantages of FCNR(B)
Zero Tax Liability
Fully Exempt from Indian Tax
Interest earned on FCNR(B) deposits carries no Indian income tax obligation for NRIs — no TDS, no filing requirement. Your yield is your net yield.
Unrestricted Repatriation
Capital Moves on Your Terms
Principal and interest are freely repatriable without RBI approval. Your capital remains under your control — accessible from any jurisdiction, at any time.
6 Major Currencies
No Exchange Rate Risk on Principal
Deposits are held in USD, GBP, EUR, JPY, CAD, or AUD — your original currency. The principal is insulated from INR depreciation for the full tenure.
Speak with an FCNR(B) Specialist
Whether you are evaluating your first deposit or optimising an existing portfolio, our specialists provide independent, conflict-free guidance tailored to your situation.