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Deposit in major currencies* and get healthy yield with FCNR (B) Fixed Deposit account. Your deposits are protected from exchange rate fluctuations

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Assured returns on your foreign currency deposits with FCNR Deposit

 

Deposit in 6 major foreign currencies with SC’s FCNR (B) Fixed Deposit account. Your deposits are shielded from foreign exchange fluctuations as you get assured returns that are tax-free and freely repatriable.

  • Tax-free income

    Interest earned on the FCNR (B) Deposits account is absolutely tax-free in India. You need not worry about giving away a part of your income as tax.

  • Easy movement of funds

    Funds maintained in FCNR (B) deposit account are easily repatriable. You can transfer funds to your home country without any hassle.

  • Major currencies* accepted

    FCNR (B) account accepts deposits in 6 major currencies* - USD, GBP, EUR, AUD, CAD, and JPY. Deposit in any currency of your choice to get the assured yield.

  • Protection from exchange rate fluctuation

    Since the deposits are held in foreign currencies itself, you don’t have to worry at all about the wild fluctuations in exchange rates.

  • 24×7 access to your account

    Get 24×7 access to your Standard Chartered account through our simple, secure, and easy to use internet and phone banking platforms.

  • Flexibility in tenure

    FCNR (B) deposit can be booked for a minimum period of 1 year and a maximum period 39 months* depending on the currency of the deposit.

  • Auto-renewal facility available

    With FCNR deposit account, you do not have to worry about renewing it on maturity every time as it comes with a convenient auto-renewal facility.

  • Overdraft facility available

    Standard Chartered offers you to avail and utilise the overdraft facility on your deposit in case of any contingency.

  • Global Link facility available on your account

    Information of your SC accounts in multiple countries available on a single platform. Access all your global Standard Chartered accounts through a single login.

  • 24×7 access to your account

    Get 24×7 access to your Standard Chartered account through our simple, secure, and easy to use internet and phone banking platforms.

  • Flexibility in tenure

    FCNR (B) deposit can be booked for a minimum period of 1 year and a maximum period 39 months* depending on the currency of the deposit.

  • Auto-renewal facility available

    With FCNR deposit account, you do not have to worry about renewing it on maturity every time as it comes with a convenient auto-renewal facility.

  • Overdraft facility available

    Standard Chartered offers you to avail and utilise the overdraft facility on your deposit in case of any contingency.

  • Global Link facility available on your account

    Information of your SC accounts in multiple countries available on a single platform. Access all your global Standard Chartered accounts through a single login.