NRI Recurring Deposits
Watch your wealth grow with NRI Recurring Deposits
About NRI RD
Invest wisely in your future with Equitas NRI Recurring Deposit. Whether it's NRE RD or NRO RD, our flexible tenure and competitive interest rates ensure your financial goals are within reach. Try out our RD calculator for a smart investment plan!
NRE
Recurring Deposit
Features and Benefits
- Monthly instalments* can start right from Rs. 1,000
- Enjoy 'Flexi Tenure' from 12 months (and in multiples of three hereafter) to 120 months
- Repatriate your principal and interest
- Enjoy tax exemptions on NRE Interest that you earn
- Open RD in joint names with another NRI or PIO
NRO
Recurring Deposit
Features and Benefits
- Monthly instalments* can start right from Rs. 1,000
- Enjoy 'Flexi Tenure' from 12 months (and in multiples of three hereafter) to 120 months
- Repatriate up to 1 Million USD per financial year after payment of taxes
- Open RD in joint names with another NRI or PIO
- TDS at the rate of 30% plus surcharge apply on interest accrual
