Corporate Site |
Hindi Marathi
[+] [-] | Skip to navigation | Skip to main content | screenreader Contrast Scheme : contrast
              1800 220 229 ,1800 103 1906,
              022 40919191
rect rect
yo You are here path  NRI path NRI-Deposit path Term Deposit  
Skip Navigation Links.
Features NRE Term Deposit NRO Term Deposit FCNR Deposit RFCDeposit
Eligibility NRIs
(individuals/entities of Bangladesh/Pakistan nationality/ownership require prior approval of RBI).
1. Any person resident outside India (other than a person resident in Nepal and Bhutan).
2. Individuals/entities of Pakistan Nationality/ownership, entities of Bangladesh ownership and erstwhile Overseas Corporate Bodies require prior approval of Reserve Bank of India.
It can be opened by an Individual NRI (other than a person resident in Nepal and Bhutan) and is maintained to invest your local funds in India to earn higher returns. Individuals/entities of Bangladesh/Pakistan nationality/ownership require prior approval of RBI. It can be opened by an Individual NRI (other than a person resident in Nepal and Bhutan) which provides an opportunity for tax planning in India.
Joint Account of 2 or more NRIs Permitted Permitted Permitted Permitted
Currency in which Account is denominated Indian Rupees (INR) Indian Rupees (INR) USD, GBP, EUR, JPY, AUD ,CAD USD,GBP
Repatriability Freely Repatriable Principal upto USD 1 Million. Subject to FEMA 2000 guidelines from time to time. Freely Repatriable Freely Repatriable
Period 12 months to 120 months 7 days to 120 months 12 months to 60 months 12 months to 36 months
Nomination Available Available Available Available
Taxation Exempt from Income Tax Income Tax deductible at source (as per DTAA executed by India with 71 countries Exempt from Income Tax Exempt till individual continues to be ‘Resident but not ordinarily resident’. Thereafter TDS is required to be deducted @10% plus surcharge as applicable
May We Reach You ?
Track Status
Announcement        Start | Stop

We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new

Notice of EGM - Corrigendum

Notice of the EGM

Notice for Book Closure

MCLR w.e.f. 07.03.2017

Empanelment Of Sarfaesi Valuers

Details of unpaid / unclaimed Dividend

As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.

Base Rate revised to 9.65% w.e.f 30.09.2016

List of Recovery Agents/ Enforcement Agents/Detective Agency of Lucknow Zone

List of Wilful Defaulters

Change of Registrar and Share Transfer Agent

Notice to CD Customers

Notice to Customers

Notice to SB Customers

ATM transactions for savings Bank A/c Customers

Notice for our DEMAT Account Holders

images © 2012 Bank of India. All rights reserved Site best viewed in resolution of 1024x768 ipv6 ready images
rect Ac Checker
Term Deposit