RBI just Launched Better FD rates for NRIs! 🇺🇸💵
Автор: Sanjay Kathuria
Загружено: 2026-06-09
Просмотров: 64165
Описание:
RBI just Launched Better FD rates for NRIs! 🇺🇸💵
The RBI has launched a special window to boost returns on foreign currency deposits.
What this means 👇
✅ RBI is absorbing hedging costs to offer higher FCNR interest rates.
✅ The special scheme runs only from June 18 to September 30.
✅ Deposits must be for a minimum of 3 years and maximum of 5 years.
✅ Every deposit comes with a strict 1-year lock-in period.
✅ Returns are completely income tax-free in India.
Big takeaway:
Do not rush to book your FD just yet. Wait for top Indian banks to announce their official rates over the coming weeks, then compare them with US Treasuries to make the smartest choice.
Follow @financebysanjay for smarter NRI investing insights.
#sanjaykathuria #financebysanjay #nriinvestment #rbi #fixeddeposit
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