NRI Deposits

NRI Deposits

Time-tested investments for your Indian and Overseas earnings

Enjoy attractive returns on your earnings through a range of our Fixed Deposits to suit your varied needs.

NRE Deposit

Invest your foreign earnings in India and enjoy lucrative returns with SBM NRE Deposit.

  • Attractive interest rates with quarterly compounding
  • Flexible tenure and tax-free returns
  • Fully and freely repatriable (both principal and interest)
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NRO Deposit

Invest your Indian rupee earnings and enjoy attractive returns with SBM NRO Deposit.

  • Attractive interest rates with quarterly compounding
  • Flexible tenure
  • Interest fully repatriable after payment of taxes
  • Can be jointly opened by NRIs/PIOs and Resident Indians
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NRI Superia Deposit

Amplify your wealth with guaranteed higher returns on SBM NRI Superia Deposit, which is available in multiple currencies.

  • Guaranteed higher returns than NRE/FCNR Deposits
  • Tax-free returns in India and freely repatriable
  • Multiple currencies & tenures
  • Simplified documentation
CONTACT YOUR RM FOR DETAILS

FCNR Deposit

Park your foreign earnings from anywhere in the world to Foreign Currency Non Resident (FCNR) deposits in India in the currency of your choice and enjoy attractive tax-free returns.

  • Protection from exchange rate risk
  • Tax-free interest & principal
  • Fully and freely repatriable (both principal and interest)
  • Flexible tenure
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FAQ

How to Apply