NRE Deposit Plus
Federal Bank’s NRE Deposit Plus is an investment option that provides higher interest rates for your idle money, more than normal NRE fixed deposits.
Looking for higher interest rate foryour NRE Fixed deposits? NRE Deposit plus (Non- callable FD Deposit) scheme is the right option for you to invest your hard earned money and get better interest rates
Features
Higher interest than normal NRE Fixed deposits
Minimum Amount: Rs.1,00,00,001/-
Minimum Period: 12 Months, Maximum period 5 years
Premature withdrawal of deposit is not permitted
Cash certificate and Fixed deposits options are available
Deposit made and interest accrued thereon can be repatriated outside India at any time.
Advance against deposit available
Nomination facility available.
Auto-renewal is not available. On maturity, the amount will be credited to your Savings Account.
How to apply?
You can open NRE Deposit plus in any of the following ways:
- Leave your contact details with us so that our representatives will reach out to you and assist you in opening the deposit. To request a call back, please click here.
- Please contact your base branch.
Interest Rates & Charges
Interest rate will be calculated on the basis of applicable term deposit rate + Mark up as decided by the Bank.
Please click here for interest rates.
For Service charges and fees, please click here.