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Features of NRO 80C Tax Saver FD
Investment highlights
- Attractive interest rates and tax savings.
- Investments starting Rs. 25,000 and tax deductions up to Rs. 1,50,000 under Section 80C.
- Flexible interest pay-out: monthly, quarterly, or reinvested.
Things to Know Before Investing
Attractive rates on your remittance and loan requirements
- 5-year lock-in period with a minimum of Rs. 25,000 and a maximum of Rs. 1,50,000 investment.
- No credit facilities (fund or non-fund) will be permitted against the Fixed/Term Deposit.
- No premature withdrawal; auto-renewal available.
- Interest earned is taxable.
- One-time lump sum deposit only.
*Terms and conditions apply
NRO Tax saver FAQs (WIP)
Please click here to know the documentation requirements for opening an Easy Rupee Account.
The minimum amount for opening an Easy Rupee Account is INR 15,250.