RFC SAVINGS ACCOUNT USDGBPEUROAUDCHFJPY Savings Bank A/c ( w.e.f 24.02.2021) 0.50% 0.50% 0.05% - - -Effective Annualized Rate of Return (Indicative only) Effective annualized rate of return for the Kalpakanidhi* (KND- Quarterly Compounding) deposits Annualized Rate of Return at minimum ...
NRO Accounts: Accounts maintained by NRI in Indian Rupees for routing bonafide local remittance is a NRO Account. Joint accounts are permitted. Interest earned in the account is subject to Income Tax rules in India (including lower rates applicable as per Double Taxation Avoidance Agreement – ...