Eligibility Criteria for NRI Time Deposit
Hong Kong Resident
Non-Resident Indian
Foreign National*
- *Verify compliance with local rules and requirements.
Introduction
NRI Time Deposits offer a secure and lucrative way for NRIs to invest their foreign earnings in India. Choose from 4 major currencies – USD, GBP, EUR and HKD. Earn competitive fixed or floating interest rates and switch between currencies anytime during the deposit tenure.
FAQs
You can apply for the NRI Fixed Deposit if you are a Non-Resident Indian, Hong Kong resident, or foreign national. Companies may also hold Time Deposit Accounts. Additionally, each account can be held with up to three joint holders.
HDFC Bank’s NRI Time Deposit Accounts have certain exceptions. The account is available to Non-Resident Indians, Hong Kong residents, and foreign nationals only. You can open an account only in the following currencies: HKD, USD, GBP and EUR. You can have up to three individuals as joint account holders.
HDFC Bank's NRI Time Deposit Accounts cater to Non-Resident Indians and Persons of Indian origin, offering flexibility in interest rates, tenure, and currency. Eligible applicants include NRIs and Hong Kong residents. Foreign nationals are also welcome to apply, subject to local rules and regulations.