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(Non Resident (External) rupee account)
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1. The balance in the account can be repatriated outside India any time
2. Balance in the accounts are free from Wealth Tax
3. Nomination facility is available
This is our Non Resident (External) Rupee Deposit Scheme.
This account enables NRIs to have operative account in India & save in India at higher rate of interest with repatriation benefits.