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Jiyo Easy
Accounts for Returning Indians - RFC Savings Account
 
  Features & Benefits     Am I eligible?     Funding your account  


Features & Benefits
 
  • Protect your account from exchange rate risks by holding the monies in one of four foreign currencies.
  • TDS (Tax Deducted at Source) exemption can be claimed on Interest earned basis declaration of RNOR (Resident but Not Ordinarily Resident) status, if eligible, at the start of the financial year.
  • Funds can be repatriated for bonafide reasons by the account holder.
  • Account balances can be transferred to NRI Accounts (Rupee / Foreign Currency), on regaining NRI status.
  • Withdrawals in Indian Rupees are permitted from your RFC Account.
  • The RFC Savings account can be held jointly with other eligible persons.
  • Nomination Facility is available on an RFC Savings account.
  • Enjoy FREE 24-hour Phone Banking to carry out a variety of transactions.
  • Enjoy the convenience of banking at any of our branches in India.
 
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