Earn attractive returns on your India and overseas income with ICICI Bank NRI Fixed Deposits. Choose from NRE and NRO FDs which offer flexible tenures and provide a secure investment option for NRIs.
Select between NRE and NRO FDs based on your source of funds
Get interest on a monthly, quarterly, or on maturity basis
Earn the highest interest by choosing optimal tenure options
Avail an overdraft of upto 90% on your NRE/NRO Fixed Deposit
Opt for auto-renewal on NRI deposits to maximise long-term earnings
NRE FDs start from 1 year; NRO FDs from 7 days
Available on NRE/NRO callable deposits only with applicable penalties
NRE FDs are tax-free in India whereas interest earned on NRO FDs are Subject to TDS at prevailing rates
Easily renew your NRI callable FD upon maturity
Avail up to a 90% loan on your NRE/NRO callable FD with premature withdrawal facility
NRE FD - Fully repatriable
NRO FD - Principal repatriable upto USD 1m per financial year; Interest fully repatriable post TDS
FCNR - Fully repatriable
NRI Bank account with ICICI Bank
Log in iMobile/Internet Banking
Select FD
Select payout
Verify & confirm
FD is now open.
A fixed deposit for NRI is a term deposit offered by banks that enables Non-Resident Indians (NRIs) to invest funds in India for a fixed tenure at a predetermined interest rate. These deposits can be opened under NRE, NRO, or FCNR categories, depending on the source of funds and currency preference. The deposit earns assured returns and offers flexible interest payout options such as monthly, quarterly, or on maturity, along with repatriation benefits based on the selected account type.
An NRE account FD is useful for NRIs seeking stable, low-risk returns while maintaining flexibility in managing overseas earnings. It offers tax-free interest in India and allows full repatriation of both principal and interest, subject to prevailing regulations. Investors can select suitable tenures and convenient interest payout options aligned with their financial goals. The deposit can be opened and managed online, and an overdraft facility may be available against it. This makes it a practical option for preserving capital while earning assured returns.
Interest earned on NRE FD is tax-free in India and offers the facility of full repatriation. It enables you to invest your foreign earnings. Interest earned on NRO FD is subject to TDS and is a way to invest income earned in India.
You can receive interest monthly, quarterly, or on maturity on NRE/NRO deposits
Yes, premature withdrawals are allowed with applicable penalties on NRE/NRO deposits.
Interest earned on NRE FDs is tax-free in India, but interest earned on NRO FDs attracts TDS as per prevailing Indian tax laws.
Yes, NRIs can open an FD via iMobile app, or Net Banking.
The minimum deposit is ₹25,000 for NRI FDs with premature withdrawal facility, and it varies for foreign currency FDs.
Yes, you can get an overdraft of up to 90% of the value of your NRE/NRO FDs with premature withdrawal facility.
