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Remittance from USA to India (Star e-Remit) Festive Offer: remit FREE from September 07, 2010 to November 05, 2010
Bank has been ranked 8th in TOP 50 SERVICE BRANDS in The Most Trusted Brands Survey 2010 and 2nd among all Public Sector Banks
Friday, 03-Sep-2010
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  NRI Deposits Schemes
PARTICULARS
FCNR
NRE

Taxation (Indian taxes)

Exempt from income and wealth tax

Exempt from income and wealth tax

Liquidity

Easy pre-mature encashment facility

Easy pre-mature encashment facility

Automatic renewal facility   (ARS)

Available on signing of ARS agreement

Available on signing of ARS agreement

Safe custody facility

Available on request; compulsory with ARS

Available on request; compulsory with ARS

Renewals

Deposit receipt to be submitted duly discharged within 14 days from date of maturity for retrospective renewal – alternatively renewal will be with simple interest from maturity date to renewal date

Deposit receipt to be submitted duly discharged within 14 days from date of maturity for retrospective renewal – alternatively renewal will be with simple interest from maturity date to renewal date


For more details, please contact our nearest NRI branch.

Rules governing Non-Resident deposits are guided by regulations of Reserve Bank of India and rules formulated by our Bank from time to time. These are subject to change without notice.

    • Previous
    Announcement
    Bank has been ranked 8th in
    TOP 50 SERVICE BRANDS in The Most Trusted Brands Survey 2010 and 2nd among all Public Sector Banks
    ..........................................
    Notice -
    Another option of Pension for Bank of India exstaff
     
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     ..........................................
    Press release for Revision
    in interest rate on Domestic Rupee Term Deposits w.e.f. 12.08.2010
     
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     ..........................................
    Presentation to
    Analysts June 2010
     
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     ..........................................
    Watch Webcast of
    Analyst Meet Presentation
     
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     ..........................................
    Financial Results
    for the quarter ended June 2010
     
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     ..........................................
    Presentation of results
    for the quarter ended June 2010
     
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     ..........................................
    Press Release
    on Results for the quarter ended June 2010
     
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     ..........................................
    Bank''s Base Rate is fixed at 8% with effect from 01.07.2010.

    ..........................................
    Press release launching of
    Mobile Based Remittance, Urban Financial Inclusion and two factor Authentication
     
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     ..........................................
    Presentation of Results
    for the year ended March 2010
     
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     ..........................................

    Notice for Debit and ATM cardholders
     
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     ..........................................

    One Time Settlement Scheme for NPA of SME borrowers
     
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     ..........................................
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