FCNR deposit rates ICICI Bank offers competitive interest rates, which are designed for NRIs to hold their foreign earnings in various currencies. The interest rates depend on the currency and tenure selected.
What are the ICICI FCNR Fixed Deposit Rates?
For USD deposits, the FCNR FD rates ICICI bank range between 3.30% and 5.10% for tenures from 1 to 5 years. Similar rates apply to other currencies, like GBP, EUR, AUD, and CAD. The interest earned is tax free in India but may be taxed in the NRI's resident country.
ICICI Bank is a popular choice for NRIs, offering flexibility and attractive rates across different currencies, which can be a valuable investment alternative during global financial uncertainties.
Currency |
USD |
SGD |
AUD |
GBP |
CAD |
12 months < 24 months |
4.75-5.10 |
3.25 |
4.40 |
4.75 |
3.75 |
>= 24 months < 36 months |
4.00 |
2.75 |
3.75 |
4.00 |
3.30 |
>= 36 months < 48 months |
3.65 |
NA |
NA |
NA |
NA |
>= 48 months < 60 months |
3.30 |
NA |
NA |
NA |
NA |
60 months |
3.30 |
NA |
NA |
NA |
NA |
I hope this helps you with the ICICI FCNR fixed deposit rates.
Get End-to-End Assistance from Tax Filing to Legal Matters via NoBroker NRI ServiceRead More:
HDFC FCNR Deposit Rates?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
What is FCNR Deposit Rates ICICI Bank?
pragati
265 Views
1
1 Year
2024-10-30T14:49:11+00:00 2024-10-30T17:41:08+00:00Comment
Share