FCNR deposit rates ICICI Bank offers competitive interest rates, which are designed for NRIs to hold their foreign earnings in various currencies. The interest rates depend on the currency and tenure selected.
What are the ICICI FCNR Fixed Deposit Rates?
For USD deposits, the FCNR FD rates ICICI bank range between 3.30% and 5.10% for tenures from 1 to 5 years. Similar rates apply to other currencies, like GBP, EUR, AUD, and CAD. The interest earned is tax free in India but may be taxed in the NRI's resident country.
ICICI Bank is a popular choice for NRIs, offering flexibility and attractive rates across different currencies, which can be a valuable investment alternative during global financial uncertainties.
Currency |
USD |
SGD |
AUD |
GBP |
CAD |
12 months < 24 months |
4.75-5.10 |
3.25 |
4.40 |
4.75 |
3.75 |
>= 24 months < 36 months |
4.00 |
2.75 |
3.75 |
4.00 |
3.30 |
>= 36 months < 48 months |
3.65 |
NA |
NA |
NA |
NA |
>= 48 months < 60 months |
3.30 |
NA |
NA |
NA |
NA |
60 months |
3.30 |
NA |
NA |
NA |
NA |
I hope this helps you with the ICICI FCNR fixed deposit rates.
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Authors Of The Question
What is FCNR Deposit Rates ICICI Bank?
pragati
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1 Answers
53 days
2024-10-30T14:49:11+00:00 2024-10-30T17:41:08+00:00Comment
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