NRO Current Account Eligibility
- You meet the criteria if you are an Indian National living abroad or a Person of Indian origin.
Introduction
HDFC Bank's NRO Current Account is designed for Non-Resident Indians (NRIs) to manage their earnings in India conveniently. Eligibility for this account requires the applicant to be an NRI with valid documentation proving their non-resident status.
FAQs
HDFC Bank’s NRI Time Deposit Account offers flexibility to choose investment tenures ranging from 7 days to 5 years. You can change currencies whenever you want during the tenure of the deposits. Also, the returns do not attract any Tax Deduction at Source.
NRI Time Deposit Account is open to Non-Resident Indians and Hong Kong Residents. However, local rules and regulations apply and should be verified. For more details, contact HDFC Bank branch officials.
An exception for HDFC Bank’s NRI Time Deposit Account is that it is also open to Foreign Nationals. However, they must verify local rules and regulations applicable to them.