Dear Sir/Madam,
Greetings from Karur Vysya Bank!
We are happy to share our latest FCNR / NRE deposit rates.
For Non Resident Indians, NRE / FCNR deposits are one of the most preferred investment options in terms of Returns, Liquidity and Safety. Tax exemption on interest earned and option to repatriate the funds at any time make it all the more popular among the NRI fraternity We have always tried to maintain higher rate of interest on NRI deposits especially FCNR deposits.
FCNR deposits are an ideal investment option now for all Non-Resident Indians, since the deposit will be maintained in the foreign currency of their choice and thus cover them from rate fluctuations on currency conversion besides fetching better return on the investment. Residents with relatives / friends residing abroad can advise them suitably about this.
Mentioned below are our latest NRI deposit rates. Please avail the benefit and also share with your friends and relatives for their benefit.
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