Are you an NRI and looking to Invest and earn higher returns than Fixed Deposits? Then Axis offers you the perfect solution with NRI Pro Rupee Deposit. With this you can earn a higher INR yield by locking-in the conversion rate. The NRI Rupee Deposit also combines attractive interest rates, and has the add-on benefits of rising exchange rates. There is also no capital risk as the money invested is in Fixed Deposit.

The following individuals are eligible to open an NRE/ NRO Savings Account:

NRI (Non Resident Indian)
An Indian citizen residing outside India for the purpose of:

  • Employment, studies, business or vocation
  • Individual posted in UN organisation or official deputed abroad by Government of India or public sector undertakings
  • Indian nationals who may be Mariners or working on oil rigs or foreign registered airlines

PIO (Person of Indian origin)/ OCI (Overseas Citizen of India)
An individual holding a Foreign passport (other than Pakistani and Bangladeshi) who:

  • Has held an Indian passport at any point of time
  • Parent or their grandparent was Citizen of India by virtue of the Constitution of India or India Citizen Act 1955
  • Is a spouse of an Indian Citizen or spouse of PIO

NRI Easy Guide

NRI Easy Guide