NRO Deposit - Global Indian Programme

Allow your income earned in India to grow at competitive rates and deliver handsome returns. Park your dividends, rental income, and other earnings in SBM NRO fixed deposit and choose to freely repatriate or transfer the interest earned.

Exclusive benefits:

NRO Deposits are risk averse with a quick and seamless process

Secure investment

You can start an NRE deposit with a minimum of Rs. 25,000

Low deposit amount

Attractive interest rates with quarterly compounding.

High returns

Automatic renewal of your principal and interest on maturity.

Hassle-free renewal

Get tax-free returns in India.

Tax benefit

Interest fully repatriable after payment of taxes.

Repatriability

Competitive exchange rates on the conversion of your foreign currency into rupees.

Favourable exchange

Can be jointly opened by NRIs/PIOs and Resident Indians.

Ease of operation

Check Rates

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The best place for your Indian earnings