Blogs on NRO Fixed Deposit

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NRO Fixed Deposit

7 Reasons to Convert Your Resident FDs Into an NRO Deposit

The article outlines the seven key reasons for NRIs to convert their resident fixed deposits (FDs) into NRO deposits, including legal compliance, higher interest rates, tax benefits, repatriation options, and additional features like automatic renewal and overdraft facilities.

Aug 06, 2025