Standard Chartered Bank India - Accounts for returning Indians

Standard Chartered Bank's RFC Savings account is ideal for NRI's like you, if you have returned to India and need an account to maintain your funds in foreign currency.

Currency options: USD, GBP EUR, CAD & AUD.
You can remit funds in any convertible currency; the funds will be converted to the above currencies based on your choice.
Balances & Interest earned is fully repatriable*

Standard Chartered Bank's RFC Fixed Deposit helps returning NRI's like you to earn attractive interest rates on funds held in foreign currency.

Currency options: USD, GBP & EUR, CAD & AUD.
You can remit funds in any convertible currency; the funds will be converted to the above currencies based on your choice.
Tenures ranging from 1 to 3 years depending on the currency of deposit.
Principal & Interest earned is fully repatriable*

RFC Interest Rates w.e.f. October 22, 2003

The interest rates on RFC term deposits are
Tenor	Term Deposit Rate % p.a	S.E.R % p.a.
USD
1 Day to < 6 Months	0.25
6 Months to < 1 year	0.50
6 Months		0.50001
1 Year to < 2 Years	1.00
12 Months		1.00258
2 Years	1.50	1.51731
GBP
Tenor
1 Day to < 6 Months	1.50
6 Months to < 1 year	1.50
6 Months	1.50	1.50009
1 Year to < 2 Years	2.50
12 Months		2.51615
2 Years	2.60	2.65220
EURO
Tenor
1 Day to < 6 Months	0.50
6 Months to < 1 year	0.50
6 Months		0.50001
1 Year to < 2 Years	1.50
12 Months		1.50581
2 Years	1.50	1.51731

Contact your nearest branch for more details.

Select your Country

Accounts for Returning Indians