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Get the free NRI Fixed Deposit Plus - Eligibility Criteria - Axis Bank

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FIXED DEPOSIT APPLICATION FORM for Nonresident Individuals (Iris), Persons of Indian Origin (PIO) and Overseas Citizen of India (OCI)Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f
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How to fill out nri fixed deposit plus

01
Gather all necessary documents such as valid passport, visa, NRIs status proof, and KYC documents.
02
Visit the nearest bank branch that offers NRI fixed deposit plus account
03
Fill out the account opening form with accurate details and NRI status declaration
04
Provide the required documents for verification
05
Specify the deposit amount and the desired tenure for the fixed deposit
06
Choose the interest payment frequency (monthly, quarterly, half-yearly, or annually)
07
Confirm all the terms and conditions associated with the NRI fixed deposit plus account
08
Fund the account with the deposit amount either through wire transfer or cheque
09
Receive the fixed deposit certificate and confirmation of account opening

Who needs nri fixed deposit plus?

01
Non-resident Indians (NRIs) who want to earn higher returns on their savings
02
NRIs looking to invest their foreign earnings in a safe and secure instrument
03
Individuals who want to benefit from the flexibility and convenience of managing their investments from abroad
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NRI Fixed Deposit Plus is a financial product offered to non-resident Indians for investing their money in a fixed deposit account with additional benefits.
Non-resident Indians who wish to invest in a fixed deposit account with additional benefits are required to file for NRI Fixed Deposit Plus.
To fill out NRI Fixed Deposit Plus, individuals need to contact their bank or financial institution that offers this product, provide the necessary documents and information, and make the initial deposit.
The purpose of NRI Fixed Deposit Plus is to provide non-resident Indians with a secure investment option that offers higher returns and additional benefits than a regular fixed deposit account.
The information that must be reported on NRI Fixed Deposit Plus includes the depositor's personal details, the amount invested, the term of the deposit, and any additional benefits or conditions associated with the account.
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